The property comprises a 2 a storey mixed use development with commercial at ground floor and 2 residential dwellings at upper floor. The ground floor commercial space is occupied by Savers, with the property fitted out in accordance with their corporate specifications with partitioned stores, office and staff facilities to the rear.
The upper floor forms a 2 bedroom residential dwelling with access from Elm Lane and Trafalgar Walk.
Location
West Street is a bustling pedestrianised thoroughfare in the heart of Havant, Hampshire (PO9 postcode), serving as a key part of the town's main shopping district. It features a mix of independent shops, cafes, and retail outlets Boots, McDonalds, Halifax, Nationwide.
The street also hosts community services, including West Street Home, a county council-run care facility for adults with learning disabilities— and is conveniently located near Havant railway station for easy access to Portsmouth and beyond.
Accommodation
Ground Floor: 4,795 sq ft / 445.51 sqm
Upper Floors: 1,033 sqft / 96.0 sqm
Terms
Tenancy - Let to Savers Health & Beauty Ltd until 28th January 2029 on a FRI lease at a passing rent of £34.500pa. There is a tenant break option on 28th January 2027.
Covenant info: For the year ending 28th December 2024, Savers Health & Beauty Ltd reported a turnover of £791.31m with a pre-tax profit of £69.928m and shareholders funds of £83.549m. (Experian 01.09.2025)
The Upper floor is held on an assured short tenancy passing of £12,000pa from 12th September 2025 on a rolling annual basis.
Price - o/o £575,000
EPC - On application
Legal Costs - Each party to be responsible for their own legal and professional costs incurred in this transaction. For the avoidance of doubt the ingoing tenant will be responsible for Land & Buildings Transaction Tax (LBTT), registration dues and any VAT payable thereon
Specification
- Attractive Town Centre investment
- Let to Savers Health & Beauty Ltd & AST
- Total Passing Rent: £46,500pa
- Savers Expiry: 28th June 2029
- Price: o/o £575,000