61 South Street, Havant, PO9 1BZ
2,870 Sq Ft / Other / Investment
For Sale
- £365,000.00
Available - Last updated: 24 July 2025
Summary
The property comprises of a single let, three storey detached office building in a predominantly residential area. The property is carpeted throughout and is decorated to good decorative order. The property benefits from a parking area for several cars and a sizeable garden.
Key Points
Freehold single let office investmentTenant has recently renewed lease which shows their commitment to the propertyNet initial yield of 8.09% assuming standard purchaser's costs of 4.12%Grade II ListedSuitable for alternative uses in the future (STP)Within easy reach of A27, A3(M) and M27Location
Havant is a popular town on the south coast, situated near the Hampshire/West Sussex border, approximately halfway between Portsmouth and Chichester.
As a thriving market town, Havant features a mix of historical charm and modern conveniences. It is known for its lively street market on Fridays, a contemporary indoor shopping mall, and a variety of local attractions, including Staunton Country Park.
Havant has ‘ambitious long-term plans to regenerate Havant town centre and the neighbouring civic centre campus with a phased, residential led, collaborative and transformational place-making program; providing new homes and an enhanced public realm which incorporates existing assets such as Havant Park’.
Regeneration project includes the permitted demolition and residential redevelopment of the multi storey Bulbeck Road Car Park, located opposite on the east side of Park Road South. Strong footfall due to connectivity to retail parks, Tesco extra and pedestrianised retail section of West Street, Havant, providing access to the Meridian Shopping Centre. West Street occupiers include Boots, Halifax, NatWest, Specsavers & Costa. High traffic movements with Park Road South being the main arterial route into and out of the town. Wide range of business sectors across asset.
Havant Town
Havant is a thriving business location with many key occupiers such as M&S, Next, Sports Direct, Halfords, Home Bargains, Pets at Home, Hobbycraft, Aldi, Wickes, KFC, Dreams and B&M. McDonalds is located opposite with Tesco extra, Tesco filling station and Burger King just to the south.
Property Quote Price(s)
| Description | Sale type | Guide price | Price type |
| |
For Sale Freehold
|
£365,000.00
| NA |
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