£1,000,000
(£1,388.89/sq. ft)
Retail premises for sale3-4 Upper High Street, Winchester SO23
720 sq. ft
EPC Rating: B
Freehold
About this property
Fully let mixed use freehold investment
Winchester City Centre
Ground floor retail, first floor office
1 x one bedroom flat and 2 x two bedroom flat
Completely refubished
5.43% net initial yield
Description
This 5 storey mixed use property has been fully refurbished by the vendor over the last 5 years. The ground and basement have been let to Chase Cycles who moved to Winchester City Centre from Waltham Chase as the business expanded. The ground floor retail has a full height glazed frontage on half providing attractive retail display space. The basement is used as storage and for bike repairs. Extending to 750 sq ft ground floor sales area the unit is ideal for this high end bike retailer.
The first floor comprises a refurbished office of 732 sq ft providing open plan office space with a separate meeting room. There is new LED lighting and wooden flooring creating high quality office space.
The second and third floors comprise a 1 bedroom flat and a 2 bedroom flats, with separate kitchen and lounge, and have a high-quality fitout.
Location
Upper High Street enjoys an elevated position equidistant from the mainline rail station and the main High Street. Next door to The Westgate Public House and opposite Hampshire County Council and Law Courts.
Winchester itself is a popular, attractive and affluent Cathedral City and County town, which benefits from excellent communication links adjacent to Junctions 9,10 and 11 of the M3, connecting with the A34 and A31. It is the base for Hampshire County Council and Winchester City Council which combined have a significant workforce.
The city is also a very popular tourist destination due to the famous cathedral and the historic central area. Winchester University also draws a significant number of students and visitors to the City.
This 5 storey mixed use property has been fully refurbished by the vendor over the last 5 years. The ground and basement have been let to Chase Cycles who moved to Winchester City Centre from Waltham Chase as the business expanded. The ground floor retail has a full height glazed frontage on half providing attractive retail display space. The basement is used as storage and for bike repairs. Extending to 750 sq ft ground floor sales area the unit is ideal for this high end bike retailer.
The first floor comprises a refurbished office of 732 sq ft providing open plan office space with a separate meeting room. There is new LED lighting and wooden flooring creating high quality office space.
The second and third floors comprise a 1 bedroom flat and a 2 bedroom flats, with separate kitchen and lounge, and have a high-quality fitout.
Location
Upper High Street enjoys an elevated position equidistant from the mainline rail station and the main High Street. Next door to The Westgate Public House and opposite Hampshire County Council and Law Courts.
Winchester itself is a popular, attractive and affluent Cathedral City and County town, which benefits from excellent communication links adjacent to Junctions 9,10 and 11 of the M3, connecting with the A34 and A31. It is the base for Hampshire County Council and Winchester City Council which combined have a significant workforce.
The city is also a very popular tourist destination due to the famous cathedral and the historic central area. Winchester University also draws a significant number of students and visitors to the City.
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