Lot 119


87 & 87A High Street, Cosham, Portsmouth, Hampshire, PO6 3AZ
87 & 87A High Street, Cosham, Portsmouth, Hampshire, PO6 3AZ
Sold £219,000

Currently let at £14,400 per annum

This mixed investment property enjoys a prominent position in the centre of Cosham along the main shopping high street. The entire building is currently let, with the ground floor trading as a convenience store and the first floor providing separately accessed residential accommodation.

The property has vehicular access to the rear and neighbouring properties have added additional accommodation, utilising this access. It is considered there may be scope to add accommodation to the rear of this building, subject to all necessary consents being obtainable.

Ground Floor

Main retail area and rear store room.


Let under the terms of a 20 year lease, from December 2016, at a current rental of £10,800 per annum.

First Floor

Kitchen/dining room, two bedrooms and bathroom/W.C.


Let on an Assured Shorthold Tenancy, at a current rental of £300 per calendar month.

Local Planning Authority

Portsmouth City Council. Tel: 023 9283 4334. Website: portsmouth.gov.uk.


All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on Auction Day.

* Price Information

Guides are provided as an indication of each Seller’s minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction).

We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.

Additional Fees

An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer.

All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to cliveemson.co.uk/buyers-fees/