Commercial properties for sale in SO23, this area only

Freehold city centre office investment over 7,884 sq ft with asset management opportunities, 12 parking spaces and residential conversion potential, subject to planning.

The premises comprises two units. 23 Southgate Street is a Grade II Listed former retail/office property within Use Class E and is arranged over lower ground, ground, first and second floors with a courtyard garden to the rear. This unit is currently offered with vacant possession. Please note this property is subject to subsidence. 23A Southgate Street is a ground floor lock up retail unit arranged over ground and lower ground floors. This unit is currently let on lease for a term of 5 years with the lease expiry date on 14 September 2026. The passing rent under the lease is £13,250 per annum.

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 and site consist of a former Leisure Centre originally built in the 1970`s and partially rebuilt in the 1980`s. The centre was closed following the City Council developing the state of the art Winchester Sports & Leisure Park in 2021. The centre consists of a large sports hall with 9 metre plus ceiling heights, a swimming pool complex with a 25m pool and a children's leisure pool, squash courts, gymnasium, fitness studio, soft play area, changing rooms, cafeteria along with ancillary offices and plant rooms.

CLASS E PREMISES WITH PARKING & OUTDOOR SPACE

DEVELOPMENT OPPORTUNITY

For Sale - Freehold Investment - Substantial City Centre Investment Opportunity in the Heart of Winchester

We are delighted to present to the market a plot with planning permission to construct a contemporary home located within a popular location of Winchester.

To Let/For Sale - Class E Premises with Parking & Outdoor Space - 7,285 sq ft (GIA) + Basement on 0.9 Acres (0.36 Hectares)