Unit 1, Solent 27 Walton Road

Freehold Office and Warehouse Investment

  • Prominent office/warehouse close to the A27
  • Let to Menzies Distribution Limited until 2029 (1)
  • 0.9 acres with on-site car parking and a yard
  • Within 2 miles of the M27 and A3(M)
  • Lot
  • Auction
  • Rent
    £133,432 per Annum Exclusive
  • Status
    Withdrawn Prior
  • Price*
  • Sector
  • Auction Venue
    The Montcalm Hotel
    2 Wallenberg Place
    Marble Arch
    London W1H 7TN
  • On the Instructions of The Duchy of Cornwall
Important Auction & Property Update
  • Unit 1, Solent 27 Walton Road<br>Portsmouth<br>PO6 1UJ
  • Expand
  • Photos
  • Map

* More information on the term "price" can be found here

Property Information

3 miles north of Portsmouth city centre
23 miles south-east of Southampton
36 miles south of Guildford
41 miles west of Brighton
A27, A3, M3, M27, M275, A2080
Cosham & Hilsea
Southampton Airport, Gatwick Airport

The property is located 3 miles north of Portsmouth city centre on the Walton Road Industrial Estate and 300 metres from the A27 (Havant bypass roundabout). The A27 in turn connects to the M27 (2 miles to the west) and the A3(M) (2 miles to the east). The A3(M) provides direct access to London 60 miles to the north. The property is situated on Walton Road, close to its junction with the A2080 Eastern Road with nearby occupiers including Snows Mazda, Burras, SSE, Pall Corporation and Holiday Inn.




The property comprises a detached office/warehouse with car parking and a rear yard. The office accommodation is arranged over ground and first floors. The warehouse benefits from an eaves height of approximately 7m and three roller shutter doors, together with a canopy over the loading area. The yard area benefits from an entrance and an exit. Site Area approximately 0.9 acres.


VAT is applicable to this lot.


Band C. See legal pack at www.acuitus.co.uk

Tenancy & Accommodation

FloorUseFloor Areas (Approx)TenantTermRent p.a.xReview
1,529 sq m
(16,679 sq ft)
10 years from
06/12/2019 on a full
repairing and
insuring lease (1)
1,529 sq m
(16,679 sq ft)

(1) Tenant's option to determine in the 5th year upon 9 months' written notice.
(2) For the year ended 31st December 2018, Menzies Distribution Limited reported a turnover of £937,300,000,
pre-tax losses of -£22,700,000 and a net worth of £30,000,000 (Source: Experian 26/02/2020).
The tenant's business involves distributing over 30 million newspapers and magazines weekly to almost 25,000 retailers in the UK and Ireland. Menzies Distribution operates from more than 60 locations across the UK and Ireland. (Source : www.menziesdistribution.com)

If you are the successful bidder, Acuitus requires a separate payment of £1,000 inclusive of VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Due to the current restrictions in movement throughout the UK, the property may not have been inspected by Acuitus. Some photographs may not be current and these will be dated where this is the case. Plans showing nearby occupiers and mention of nearby occupiers may reflect a dated situation as some tenants are not currently in occupation. Floor areas and accommodation details are likely to have been obtained from VOA.Gov.UK and the Vendor.

Property Documents

  • Catalogue Page
    Updated Date
    File Size
    1 MB
    View PDF
  • Site Plan
    Updated Date
    File Size
    570 KB
    View PDF
  • Common Auction conditions
    Updated Date
    File Size
    277 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    File Size
    27 KB
    View PDF
  • Money Laundering Regs
    Updated Date
    File Size
    694 KB
    View PDF
  • Customer Due Dilligence Form
    Updated Date
    File Size
    585 KB
    View PDF


Peter MayoPeter Mayo +44 (0)20 7034 4864 +44 (0)7833 459318Peter.mayo@acuitus.co.uk
George GoucherGeorge Goucher +44 (0)20 7034 4860george.goucher@acuitus.co.uk
Seller's Solicitors
Farrer & Co LLP 66 Lincoln's Inn Fields
Henry Stevens 0203 375 7292henry.stevens@farrer.co.uk

Useful Links

By clicking the Submit button I confirm that I would like to register my interest in this Property. Please email me updates when they are published.

If you have a query, please fill in the box below, otherwise click the Submit button.

You have 200 character(s) left.

Are you sure you want to remove this property from My Catalogue?

Are you sure you are no longer interested in this property?

Are you sure you want to delete your Account?

Making the buying and selling of property a seamless experience
Everything you need to know whether you are a buyer or sellerHelp Centre
How can Acuitus Finance help you with bridging finance
How can Acuitus Finance help you with bridging financeObtain bridging finance now