Staple Gardens, Winchester, Hampshire, SO23

Fully-let freehold office investment in central Winchester generating £49,015 pa. Five office suites, two parking spaces and an attractive 8.19% gross yield at a guide price of £600,000.

The property occupies a corner position within Charlecote Mews, an attractive and well-established mixed-use enclave situated just off Staple Gardens in the historic cathedral city of Winchester. The location benefits from excellent accessibility, with Jewry Street and Winchester High Street within a short walk, providing a wide range of cafés, restaurants, retail amenities and professional services.

Winchester mainline railway station is also conveniently located nearby, offering direct services to London Waterloo in under one hour, while several public car parks are within easy walking distance. Charlecote Mews itself is a popular and characterful setting, comprising a mix of independent retailers, professional office occupiers and residential properties, creating a vibrant and established business environment.

DESCRIPTION
An opportunity to acquire a freehold, fully-let office investment in the heart of Winchester city centre, producing a current rental income of £49,015 per annum. The property comprises a range of self-contained office suites extending to approximately 1,662 sq ft overall, together with two on-site parking spaces, and is offered at a guide price of £600,000, reflecting a capital value of £361 per sq ft and an attractive gross yield of 8.19%.

The accommodation is arranged as five office suites ranging in size from 123 sq ft to 648 sq ft, providing a diverse income stream from a variety of business occupiers. The second-floor office benefits from air-conditioning, while kitchen and WC facilities are provided on both the ground and first floors. The property has an EPC rating of C and is not elected for VAT.

Situated within the popular Charlecote Mews, just off Staple Gardens, the property enjoys a highly accessible city-centre location close to Jewry Street, Tower Street, Winchester Railway Station and the Law Courts. The surrounding area is characterised by a mix of professional offices, independent businesses and residential accommodation, underpinning strong occupier appeal.

ACCOMMODATION
We have identified a net internal area of 1,662 sq ft over ground, first and second floors.

TENURE
Offers are sought in the region of £600,000 for the freehold interest, subject to the existing tenancies and inclusive of two parking spaces.

Tenancy schedule available on request.

EPC RATING
Rated C (51), valid until 04/12/29 under certificate reference 9353-3049-0419-0790-2821.

LEGAL COSTS AND VAT
Each party is expected to bear their own legal costs in this transaction.

We are advised that the building is not VAT elected.

VIEWINGS
For all enquiries please contact the sole agents Trinity Rose Commercial on