Office for sale

Charlecote Mews, Staple Gardens, Winchester, Hampshire SO23

For sale - freehold office investment in central Winchester generating £44,515 pa. Five office suites, two parking spaces and a 7.41% gross yield available at a guide price of £600,000.

The property occupies a corner position within Charlecote Mews, an attractive and well-established mixed-use enclave situated just off Staple Gardens in the historic cathedral city of Winchester. The location benefits from excellent accessibility, with Jewry Street and Winchester High Street within a short walk, providing a wide range of cafés, restaurants, retail amenities and professional services. Winchester mainline railway station is also conveniently located nearby, offering direct services to London Waterloo in under an hour, while public car parking is within easy walking distance. Charlecote Mews itself is a popular and characterful setting, comprising a mix of independent retailers, professional office occupiers and residential properties, creating a vibrant and established business environment.
Description

An opportunity to acquire a freehold office investment in Winchester city centre, producing a rental income of £44,515 per annum. The property comprises office suites extending to approximately 1,662 sq ft NIA, together with two parking spaces, and is offered at a guide price of £600,000, reflecting a capital value of £361 per sq ft and a gross yield of 7.41%.

The accommodation is arranged as five office suites ranging in size from 123 sq ft to 648 sq ft, over three floors. The second-floor office benefits from air-conditioning, while kitchen and WC facilities are provided on both the ground and first floors. The property has an EPC rating of C and is not elected for VAT.

Situated within the popular Charlecote Mews, just off Staple Gardens, the property enjoys a highly accessible city-centre location close to Jewry Street, Tower Street, Winchester Railway Station and the Law Courts. The surrounding area is characterised by a mix of professional offices, independent businesses and residential accommodation, underpinning strong occupier appeal.
Accommodation

We have identified a net internal area of 1,662 sq ft over ground, first and second floors.
Tenure

Offers are sought in the region of £600,000 for the freehold interest, subject to the existing tenancies and inclusive of two parking spaces.

Tenancy schedule available on request.
EPC rating

Rated C (51), valid until 04/12/29 under certificate reference .
Legal costs and VAT

Each party is expected to bear their own legal costs in this transaction.

We are advised that the building is not VAT elected.
Viewings

For all enquiries please contact the sole agents Trinity Rose Commercial on .