Description
- Status: Available
- Type: Commercial
- Ownership: Freehold
- Occupation: Tenanted
INCOME PRODUCING COMMERCIAL INVESTMENT*** Ground floor of a four storey development 296.1sqm (3,187sq ft) Let to Savers Health and Beauty Ltd FRIL producing £25,000p.a PROMINENT HIGH STREET LOCATION
The property is held on a full repairing and insuring head lease in the following terms;
Tenant: Savers Health and Beauty Ltd
Expiry: 12th May 2026
Passing Rent: £25,000p.a.x
Internally the property is presented in an open plan layout with main retailing space to the front and partition’s to the rear to form stores, staff facilities and office.
PRIME INVESTMENT PROPERTY in excellent trading position **PERFECT ADDITION TO ANY PORTFOLIO** with excellent yield producing £25,000 per annum on a r FRI lease. SUPER TRADING POSITION
PRIME TRADING POSITION
Neighbouring occupiers include Poundworld, Lloyds, Post Office and Travel Lodge.
INCOME PRODUCING COMMERCIAL INVESTMENT*** Ground floor of a four storey development 296.1sqm (3,187sq ft) Let to Savers Health and Beauty Ltd FRIL producing £25,000p.a PROMINENT HIGH STREET LOCATION
The property is held on a full repairing and insuring head lease in the following terms;
Tenant: Savers Health and Beauty Ltd
Expiry: 12th May 2026
Passing Rent: £25,000p.a.x
Internally the property is presented in an open plan layout with main retailing space to the front and partition’s to the rear to form stores, staff facilities and office.
PRIME INVESTMENT PROPERTY in excellent trading position **PERFECT ADDITION TO ANY PORTFOLIO** with excellent yield producing £25,000 per annum on a r FRI lease. SUPER TRADING POSITION
PRIME TRADING POSITION
Neighbouring occupiers include Poundworld, Lloyds, Post Office and Travel Lodge.
The property is situated on the north side of High Street within the main retailing thoroughfare of the town of Gosport.
Gosport is a town located in Hampshire, England, situated on the southern coast of the country, along the eastern side of the Solent, across from the city of Portsmouth. It has a rich history, especially as a naval town. The town is well connected by road and sea. A regular ferry service connects Gosport to Portsmouth, making it easily accessible for both locals and visitors. The town is also close to the M27 motorway, offering good links to other parts of the region.
Neighbouring occupiers include Poundworld, Lloyds, Post Office and Travel Lodge
Full Address: 17b High Street, Savers Investment, Gosport, Hampshire, PO12 1BX
Show More
Map & Location
Map
Street View
Satellite
Special Terms of Sale
-
Buyers Fee
(?) 2% of Sale Price (Minimum of £3250 +vat)
Please use our
PAYMENT CALCULATOR to confirm the necessary reservation deposit for this property if you are successful with an offer now or bid at auction.
Tenancy Details
Type of Agreement: Full Repairing & Insuring (FRI)
Length: 1 Year
Rent: £25,000 per year / £2,083 per month
Yield: 11% (approx)
Tenant: Company
Notes: Tenant: Savers Health and Beauty Ltd
Expiry: 12th May 2026
Passing Rent: £25,000p.a.x
Covenant Info: For the year ending 30th December 2023 Savers Health and Beauty Ltd reported a turnover of £754.82m with a pre-tax profit of £61.25m and shareholder funds of £142.13m
The property is held on a ground lease expiring 8th May 3018 at a peppercorn rent
Document Downloads
Legal Pack (Pending)
* Click the above 'Pending' document link to log your request and we will notify you once available.
Pricing Information & Bidding
What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).
How to Bid... To take part in the online auction you must firstly
create a bidding account. Once you have a bidding account you can then login and place bids during the auction. Please click on the following link to view the latest
Online Auction Bidders Guide now.
Log In / Register To Bid
View Live Online Auction
Offer Now... You may submit an offer now on this property for the owner to consider. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our
ONLINE OFFER FORM now to put your offer forward to the sellers.
Submit Offer Now
SPECIAL Terms of Sale
- 10% Deposit
- Buyers Fee = 2% of Sale Price (Minimum £3,250 + vat)
- 4 Weeks Completion or Longer By Agreement
- Contribution to Sellers Costs £2,750 for on time settlement
VIEW THE GENERAL TERMS OF SALE which are superseded by any special conditions detailed above.
Payment Calculator
Please use our
PAYMENT CALCULATOR to confirm the necessary reservation deposit for this property if you are successful with an offer now or bid at auction.
Payment Calculator
Auction Details
Date & Time: 24 April 2025, 10am-3pm
Type: Timed Online Auction
View Full Auction Catalogue