Cryptic crossword clue
Imbibing last of alcohol, tea and cola sadly set aside 8

The most common and most likely answer to this crossword clue is the 8 letter word ALLOCATE

I've seen this crossword clue in The Sunday Telegraph
A
L
L
O
C
A
T
E


Buddy explains!

The straight part
We know that "set aside" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case set aside = allocate.
The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.
This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.

What does ALLOCATE mean?

ALLOCATE verb
  1. To set aside for a purpose.
  2. To distribute according to a plan, generally followed by the adposition to.
  3. To reserve a portion of memory for use by a computer program.

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