12 Southgate Street, Winchester

Guide price

£1,400,000

Auction

Size

7,884

Tenure

Freehold

EPC

Parking

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Primary use
Traditional office
Capacity
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Desks
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No floor / site plan

Key features

  • To be offered on Wednesday 16 September
  • Prominent Freehold Grade II Listed City Centre Office
  • Arranged over 7,884 sq ft to provide nine office suites
  • Residential conversion and wider redevelopment potential, subject to planning
  • Rare city centre parking provision with 12 on-site spaces to the rear
  • Suitable for investors, developers and owner-occupiers seeking a prime asset.
  • Vacant

Description

12 Southgate Street comprises an impressive Grade II* listed office building arranged over lower ground, ground and three upper floors, extending to approximately 7,884 sq ft (732.42 sq m). The property occupies a prominent position within Winchester city centre and is currently configured as a number of self-contained office suites, providing an attractive blend of character accommodation and modern office space. To the rear is a private car park providing 12 valuable parking spaces.



The property presents a compelling asset management opportunity through the enhancement of existing accommodation, refurbishment of vacant space, lease restructuring and rental growth initiatives. The flexible suite configuration also provides scope for owner-occupation or continued multi-let investment use.



In addition, the building offers significant longer-term repurposing potential. Its substantial floor area, city centre location and attractive period features make it well suited to alternative uses, including residential conversion or mixed-use redevelopment, subject to the necessary planning consents. This provides purchasers with the opportunity to secure a landmark Winchester asset capable of delivering both income-driven and development-led value creation strategies.

Located in the heart of Winchester city centre, 12 Southgate Street occupies a highly prominent position on one of the city's principal retail thoroughfares. The property is situated close to a wide range of national and independent retailers, cafés and restaurants, and benefits from strong pedestrian footfall.

Transport
Road: Winchester benefits from excellent road communications, with the M3 motorway (Junctions 9, 10 and 11) providing direct access to London, Southampton and the wider South East. The A34 also connects Winchester to Oxford and the Midlands.

Rail: Winchester Railway Station is approximately 0.8 miles north of the property and provides frequent direct services to London Waterloo (from approximately 60 minutes), Southampton, Bournemouth and Weymouth.

Bus: Winchester bus station is within easy walking distance of the property and provides regular local and regional services throughout Hampshire and the surrounding area.
Additional information
Service charge
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Business rates
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Use class
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Listed building
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Energy performance certificate: A

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

Read more about EPC requirements

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Environmental data
BREEAM rating

Unclassified

Environmental description
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Read more about energy considerations for commercial property

Brochure

12 Southgate Street, Winchester

NEAREST STATIONS

National Rail

Winchester Station

0.35 miles

National Rail

Shawford Station

2.83 miles

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Disclaimer - Property reference DC62A653-8F87-4B2C-B061-9A14D7927524. 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 Savills National , Savills Auctions- Commercial. 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.