Alchemy Organic Salons, Alchemy Organic Salons Limited, Winchester Street, Basingstoke, Hampshire

£750,000

Size

3,970

Tenure

Freehold

EPC

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Parking

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Primary use
High street retail
Frontage
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Key features

  • Income producing investment
  • Potential yield of over 10%
  • Excellent condition and fit out
  • Prominent high street location

Description

14-16 Winchester Street is a well proportioned freehold property with two established commercial tenants in-situ.

The property is home to the renowned Alchemy Organic Salon and sister company Alchemy Bar & Lounge. Both businesses are unaffected and will continue to trade under new leases, the terms of which will be agreed as part of the freehold sale.

Both ground floor commercial units are fitted out to an exemplary standard and are well maintained and managed by the business owners.

On the first floor, there are a series of small rooms/office areas. At present three of these are let on commercial licenses with further tenants being identified to drive the income on the asset. Buyers may also wish to consider a wider residential conversion of the first floor. This area benefits from independent access via the alleyway and is addressed as
14A Winchester Street.

The property represents an excellent opportunity for an investor who is seeking to diversify their portfolio and acquire an excellent income producing asset with the opportunity to strengthen the yield (subject to use and planning) Both businesses are unaffected and as such viewings are strictly by appointment only via Jackson Wright Property.
Additional information
Service charge
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Business rates
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Use class
E
Listed building
No
Floors in building
2
Planning permission
None
Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements
Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Brochure

Alchemy Organic Salons, Alchemy Organic Salons Limited, Winchester Street, Basingstoke, Hampshire

NEAREST STATIONS

National Rail

Basingstoke Station

0.4 miles

National Rail

Bramley (Hants) Station

4.81 miles

About Jackson Wright Property, Basingstoke

Jackson Wright Property, Basingstoke

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Disclaimer - Property reference WinchesterStreet. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Jackson Wright Property, Basingstoke. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.