Units 1-3 Dundas Spur North Portsmouth Hampshire PO3 5RB

  • Units 1-3 Dundas Spur North<br>Portsmouth<br>Hampshire<br>PO3 5RB

Units 1-3 Dundas Spur North
Portsmouth
Hampshire
PO3 5RB

Freehold Industrial Ground Rent Investment

  • Let for an unexpired term of 104 years
  • 5 yearly rent reviews linked to 5% of Open Market Rent
  • Industrial site of approx. 0.09 ha (0.21 acres)
  • Important 2025 rent review outstanding
  • Established industrial location
  • Excellent road communications via the A27, M27 & A3(M)
  • Lot
    22
  • Auction
    11th June 2026
  • Rent
    £2,000 per Annum Exclusive
  • Status
    Available
  • Guide*
    £40,000
  • Auction Venue
    Live Streamed Auction
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Freehold Industrial Ground Rent Investment

  • Let for an unexpired term of 104 years
  • 5 yearly rent reviews linked to 5% of Open Market Rent
  • Industrial site of approx. 0.09 ha (0.21 acres)
  • Important 2025 rent review outstanding
  • Established industrial location
  • Excellent road communications via the A27, M27 & A3(M)
  • Lot 22
  • Auction 11th June 2026
  • Rent £2,000 per Annum Exclusive
  • Status Available
  • Guide* £40,000
  • Sector
    Industrial
  • Auction Venue
    Live Streamed Auction

Property Information

Location
Miles
2 miles north east of Portsmouth City Centre, 16 miles west of Chichester, 20 miles south east of Southampton
Roads
A2030, M275, M27, A3 (M)
Rail
Hilsea Railway Station, Portsmouth & Southsea Railway Station
Air
Southampton Airport
Situation

The property is situated within Dundas Close, an established industrial and trade location approximately 2 miles north-east of Portsmouth city centre. Portsmouth is one of the South Coast’s principal commercial centres, home to the Royal Navy and one of the UK’s most important naval bases, together with a significant maritime, industrial and logistics sector.

The immediate and surrounding area comprises a mix of industrial, trade counter and commercial occupiers together with excellent access to the wider South Coast road network via the A2030, A27 and M27 motorway network, providing access to Southampton, Chichester and London.

Tenure

Freehold.

Location
Miles
2 miles north east of Portsmouth City Centre, 16 miles west of Chichester, 20 miles south east of Southampton
Roads
A2030, M275, M27, A3 (M)
Rail
Hilsea Railway Station, Portsmouth & Southsea Railway Station
Air
Southampton Airport
Situation

The property is situated within Dundas Close, an established industrial and trade location approximately 2 miles north-east of Portsmouth city centre. Portsmouth is one of the South Coast’s principal commercial centres, home to the Royal Navy and one of the UK’s most important naval bases, together with a significant maritime, industrial and logistics sector.

The immediate and surrounding area comprises a mix of industrial, trade counter and commercial occupiers together with excellent access to the wider South Coast road network via the A2030, A27 and M27 motorway network, providing access to Southampton, Chichester and London.

Tenure

Freehold.

Description

The property comprises a regular shaped and level parcel of land with a site area of approximately 0.09 ha (0.21 acres), upon which is constructed an industrial building with 3 storey integral office accommodation and 5 car parking spaces.

Note

Lots 1, 2, 2a, 4-7 & 8 are to be offered separately as lots 31, 37, 38, 23 & 30.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a regular shaped and level parcel of land with a site area of approximately 0.09 ha (0.21 acres), upon which is constructed an industrial building with 3 storey integral office accommodation and 5 car parking spaces.

Note

Lots 1, 2, 2a, 4-7 & 8 are to be offered separately as lots 31, 37, 38, 23 & 30.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Unit Use Site Area Ha Site Area (Acres) Tenant Term Rent p.a.x. Rent Reviews
Units 1-3 Industrial 0.09 (0.21) TRADEAMP LIMITED (CRN: 04189811) 125 years from 01/04/2005
£2,000.00
01/04/2025 and 5 yearly thereafter at 5% of Open Market Rent (See Rent Review provision in the lease which is available in the Legal Pack)
Total Approximate Site Area   0.09 (0.21)    
£2,000.00
 

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060 519john.mehtab@acuitus.co.uk
Archie MartineArchie Martine +44 (0)20 7034 4858 +44 (0)7377 803 408archie.martine@acuitus.co.uk
Seller's Solicitors
Tyndallwoods Solicitors 29 Woodburne Road
Birmingham
B17 8BY
Ian Butler 0121 243 3150ibutler@tyndallwoods.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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