Commercial Property in PO13 available for sale
2

Commercial Properties for Sale near the PO13, Lee-On-The-Solent

Explore the Latest PO13 Commercial Property for Sale

More details for 163 Wych Ln, Gosport - Retail for Sale

163 Wych Ln

Gosport, PO13 0NW

  • Retail for Sale
  • £875,000
  • 4,517 sq ft
  • Security System

Gosport Retail for Sale

Investment Consideration: VAT is applicable to this property. Comprises a ground floor supermarket and 3-bed flat on the first floor. Including a delivery yard to the rear and 8 car parking spaces to the front. Reversionary lease to sub-tenant, Badrunisa Limited (Premier) from 2 August 2025 until 1 August 2038. The property sits on a site of 0.23 acres Located in the thriving local community of Bridgemary. Nearby occupiers include Ladbrokes, Bridgemary Library and Bridgemary CarBoot Sale, amongst others. Property Description: The property comprises a former public house, which has been refurbished and extended to provide a modern format convenience store on ground floor with a large 3 bedroom flat above. The property sits on a site of 0.23 acres which includes a delivery yard to the rear and 8 car parking spaces to the front. The property provides the following accommodation and dimensions: Ground Floor: Shop 279 sq m (3,003 sq ft) First Floor: 3-bed Flat 141 sq m (1,514 sq ft) Total area size: 420 sq m (4,517 sq ft) Tenancy: The entire property is let to Southern Co-operative Retailers Limited for a term of 15 years from 2nd August 2010 at a current rent of £61,000 per annum and the lease contains full repairing and insuring covenants (subject to schedule of condition). There is a reversionary lease in place with the sub-tenant Badrunisa Limited on identical terms to the over-riding lease for a term of 13 years from 2nd August 2025, expiring 1st August 2038. The reversionary rent is the current passing sub-let income of £35,000 per annum and is reviewed to uncapped RPI on 2nd August 2025, 2nd August 2030 and 2nd August 2035. Location: Gosport is not only an attractive Hampshire coastal town but is also home to the Royal Navy’s HMS Sultan, the Defence School of Marine Engineering (DSMarE) and the Royal Naval Air Engineering and Survival School (RNAESS). The town is situated on a peninsular to the west of Portsmouth Harbour and the city of Portsmouth to which it is linked by the Gosport Ferry. The town is located approximately 13 miles south west of Portsmouth, 19 miles south east of Southampton and 6 miles south east of Fareham. The property benefits from good road communications with the Stoke Road linking north via the A32 Forton Road to junctions 10 and 11 of the M27. The M27 in turn provides access west to the M3 at Southampton and east to the A3(M) at Havant. Portsmouth Harbour railway station, accessed via the Gosport Ferry, provides a fastest journey time to London Waterloo in 1hr 36 mins. Southampton International Airport is 20 miles to the north west, providing domestic, european and international flights. Furthermore, Gosport has three yacht marinas with over 1,400 berths attracting numerous visitors particularly over the summer months. The property is located in the thriving local community of Bridgemary. Nearby occupiers include Ladbrokes, Bridgemary Library and Bridgemary CarBoot Sale, amongst others.

Contact:

Blue Alpine Partners Ltd

Property Subtype:

Shopfront Retail / Residential

Date on Market:

20/11/2020

Hide
See More

Commercial Properties for Sale Within 5 miles of the PO13, Lee-On-The-Solent

More details for 222 Twyford Ave, Portsmouth - Retail for Sale

222 Twyford Ave

Portsmouth, PO2 8JG

  • Retail for Sale
  • £175,000
  • 564 sq ft
See More
More details for 178 Chichester Rd, Portsmouth - Retail for Sale

178 Chichester Rd

Portsmouth, PO2 0AH

  • Retail for Sale
  • £157,000
  • 686 sq ft
See More
More details for 98 West St, Fareham - Retail for Sale

98 West St

Fareham, PO16 0EP

  • Retail for Sale
  • £170,000
  • 1,393 sq ft
See More
More details for East St, Portsmouth - Office for Sale

The Camber - East St

Portsmouth, PO1 2JJ

  • Office for Sale
  • £8,000,000
  • 69,804 sq ft
See More

FAQs about Commercial Properties For Sale in PO13

See All Properties For Sale
How many Commercial Property listings are available for sale in PO13?
There are currently 2 Commercial Properties available for sale near PO13. These PO13 Commercial Property listings have an average size of. The largest available listing in PO13 is. The thriving commercial centre and excellent transport links in PO13 make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in PO13?
Several factors can impact the price of Commercial Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices in PO13 currently range from to per square foot. While the average net initial yield for Commercial Properties is.
What other types of commercial property are available for sale in PO13?
There is a diverse range of commercial properties available in PO13 to suit various business needs. PO13 offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 2 PO13 commercial property listings in the area, potential owners can find suitable options that meet their requirements.
What are the advantages of investing in commercial property in the UK?
Commercial property investment can provide long-term income through leases, capital appreciation, and portfolio diversification. Compared to residential property, commercial leases are often longer and place more responsibility on tenants for repairs and maintenance.
What is a net initial yield and why is it important?
Net initial yield is the annual rental income expressed as a percentage of the purchase price (after acquisition costs). It’s a key measure used by investors to compare return on investment across different commercial properties.
Do I need a commercial mortgage to invest?
Many investors use commercial mortgages to finance purchases. Lenders typically require a larger deposit than for residential property (often 25–40%) and will assess the property’s rental income and condition as part of the loan application.
What should I look for when doing due diligence?
Due diligence includes reviewing lease terms, tenant strength, service charges, planning permissions, condition reports, and title deeds. A commercial solicitor and surveyor are strongly recommended before purchase.
What are the risks of investing in commercial property?
Risks include void periods (no rental income), tenant default, maintenance liabilities, and changes in market conditions or planning regulations. Mitigating these requires proper property management and lease structuring.
Can overseas investors buy commercial property in the UK?
Yes, the UK market is open to international investors. However, you may need a UK-based legal representative and must comply with HMRC tax obligations, including stamp duty and possible capital gains tax on disposal.

Discover More Commercial Properties for Sale in the PO13, Lee-On-The-Solent

You searched for commercial property for sale in PO13. Explore 2 listings from top commercial agents on LoopNet. Whether you're looking for investment properties to expand your portfolio, establish a new venture, or secure a prime location, LoopNet offers a diverse range of opportunities to meet your goals. Each listing provides detailed information on property features, size, pricing, and high-quality floor plans and photos. With the most extensive inventory of commercial properties worldwide, LoopNet is your trusted partner in finding the perfect commercial property for investment.

LoopNet - the worlds No. 1 commercial property marketplace.