£530,000
(£249.76/sq. ft)
Office for saleStaple Gardens, Winchester, Hampshire SO23
2,122 sq. ft
Just added
Freehold
About this property
Freehold office investment in central Winchester with on-site parking, producing £32,000 pa with asset management potential to increase income to an estimated £48,000 pa. Potential for future residential redevelopment (STP).
Tucked away in Charlecote Mews, just off Staple Gardens in the cathedral city of Winchester, this office building occupies a highly accessible and convenient location. It benefits from pedestrian access to Jewry Street and the High Street, where a wide range of coffee shops, restaurants, and retail amenities can be found. Winchester’s mainline railway station-offering direct services to London Waterloo in under an hour-is also just a short walk away, along with several public car parks. Charlecote Mews itself is an attractive and well-regarded setting, home to a mix of independent retailers, professional offices, and residential properties.
Description
An opportunity to acquire a two-thirds let freehold office investment in the heart of Winchester, the property comprises a three-storey office building arranged as three self-contained office suites, benefitting from gas-fired central heating, perimeter trunking incorporating power and data points, and communal WC facilities on the ground and first floors. The property also benefits from valuable on-site parking.
The investment currently produces a rental income of £32,000 per annum (plus service charge contribution), with an estimated erv of approximately £48,000 per annum once fully let, presenting an attractive asset management opportunity to enhance income and value. In addition to its investment credentials, the property may offer longer-term residential redevelopment potential, subject to obtaining the necessary planning consents.
Accommodation
We have identified a net internal area of 2,122 sq ft / 197 sq m.
Tenure
The freehold interest is offered for sale to include the subsisting occupational leases and two parking spaces at a guide price of £530,000, subject to contract.
Tenancy Schedule available on request.
EPC rating
The building is rated C (51), valid until October 2035 under certificate reference .
Legal costs and VAT
Each party is expected to bear their own legal costs in this transaction.
VAT has been elected; however, it is anticipated that the sale will be treated as a Transfer of a Going Concern (togc).
Viewings
For all enquiries and to arrange a viewing please contact the sole agents Trinity Rose Commercial on .
Tucked away in Charlecote Mews, just off Staple Gardens in the cathedral city of Winchester, this office building occupies a highly accessible and convenient location. It benefits from pedestrian access to Jewry Street and the High Street, where a wide range of coffee shops, restaurants, and retail amenities can be found. Winchester’s mainline railway station-offering direct services to London Waterloo in under an hour-is also just a short walk away, along with several public car parks. Charlecote Mews itself is an attractive and well-regarded setting, home to a mix of independent retailers, professional offices, and residential properties.
Description
An opportunity to acquire a two-thirds let freehold office investment in the heart of Winchester, the property comprises a three-storey office building arranged as three self-contained office suites, benefitting from gas-fired central heating, perimeter trunking incorporating power and data points, and communal WC facilities on the ground and first floors. The property also benefits from valuable on-site parking.
The investment currently produces a rental income of £32,000 per annum (plus service charge contribution), with an estimated erv of approximately £48,000 per annum once fully let, presenting an attractive asset management opportunity to enhance income and value. In addition to its investment credentials, the property may offer longer-term residential redevelopment potential, subject to obtaining the necessary planning consents.
Accommodation
We have identified a net internal area of 2,122 sq ft / 197 sq m.
Tenure
The freehold interest is offered for sale to include the subsisting occupational leases and two parking spaces at a guide price of £530,000, subject to contract.
Tenancy Schedule available on request.
EPC rating
The building is rated C (51), valid until October 2035 under certificate reference .
Legal costs and VAT
Each party is expected to bear their own legal costs in this transaction.
VAT has been elected; however, it is anticipated that the sale will be treated as a Transfer of a Going Concern (togc).
Viewings
For all enquiries and to arrange a viewing please contact the sole agents Trinity Rose Commercial on .
Mortgage calculator
Monthly repayment
£2,651 per month
Whole of market comparison
70+ lenders and 10,000+ products
How much could I borrow
In partnership with
The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
.png){kind=logo}