£1,000,000

Retail premises for sale

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Freehold

Fixed price

£1,000,000

(£1,388.89/sq. ft)

Retail premises for sale

3-4 Upper High Street, Winchester SO23

720 sq. ft

Local area information

Property location

Nearby amenities

  • Winchester 0.2 miles
  • St Bede Church of England Primary School 0.4 miles
  • Osborne School (SEN) 0.4 miles
  • Shawford 3 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Winchester to find out more about the local area.

Features and description

  • Freehold
  • 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.

More information

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  1. Zoopla
  2. Commercial for sale
  3. Hampshire
  4. Winchester
  5. Upper High Street