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60-60A West St 599 SF 100% Leased Retail Building Portchester PO16 9UN $126,577 ($211.31/SF)

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INVESTMENT HIGHLIGHTS

  • Situated along West Street, within the main shopping district of Portchester
  • Two entrance doors with an opening near the front sales area to enable access between the shops
  • The nearest train station provides connections to London and across the South Coast
  • Benefits from parking at rear

EXECUTIVE SUMMARY

The ground floor provides a double shop unit with two flats above that have been sold off on long leasehold interests. The double shop has the original two entrance doors with an opening near the front sales area to enable access between the shops.
The two flats are self-contained with their entrances via the rear, in the under-croft area. The property benefits from rear parking and access, via an unmade shared private service road off West Street.
The property is situated along West Street, within the main shopping district of Portchester. Other units nearby include Rowlands Pharmacy, Solicitors, Portchester Library and Cameron Davies opticians.
The shop is let to a hair salon and barber shop on a 12-year lease from April 2022 at a rental of £9,500 pax with rent reviews due April 2025 and 2028.
The upper floor flats have been sold off on long leasehold interests with one on a nominal ground rent and the other at a peppercorn.
Auction Guide Price – £95,000 – Plus Fees.
The property is to be offered online by Clive Emson Auctioneers on 30 October 2025.
To register to bid, view legal documentation or for general auction enquiries please contact the auctioneers or visit their website www.cliveemson.co.uk

PROPERTY FACTS

Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
599 SF
Year Built
1950
Price
$126,577
Price Per SF
$211.31
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.25
Lot Size
0.05 AC
Frontage
29’ on West St

AMENITIES

  • Bus Line
  • Signage

NEARBY MAJOR RETAILERS

National Westminster Bank Plc
Co-op
Iceland
Seagull
  • Listing ID: 34800124

  • Date on Market: 2/12/2025

  • Last Updated:

  • Address: 60-60A West St, Portchester PO16 9UN

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