Staple Gardens, Winchester, Hampshire, SO23

Freehold office investment in central Winchester with on-site parking, producing £32,000 pa with asset management potential to increase income to an estimated £48,000 pa. Potential for future residential redevelopment (STP).


Tucked away in Charlecote Mews, just off Staple Gardens in the cathedral city of Winchester, this office building occupies a highly accessible and convenient location. It benefits from pedestrian access to Jewry Street and the High Street, where a wide range of coffee shops, restaurants, and retail amenities can be found. Winchester’s mainline railway station—offering direct services to London Waterloo in under an hour—is also just a short walk away, along with several public car parks. Charlecote Mews itself is an attractive and well-regarded setting, home to a mix of independent retailers, professional offices, and residential properties.

DESCRIPTION
An opportunity to acquire a two-thirds let freehold office investment in the heart of Winchester, the property comprises a three-storey office building arranged as three self-contained office suites, benefitting from gas-fired central heating, perimeter trunking incorporating power and data points, and communal WC facilities on the ground and first floors. The property also benefits from valuable on-site parking.

The investment currently produces a rental income of £32,000 per annum (plus service charge contribution), with an estimated ERV of approximately £48,000 per annum once fully let, presenting an attractive asset management opportunity to enhance income and value. In addition to its investment credentials, the property may offer longer-term residential redevelopment potential, subject to obtaining the necessary planning consents.

ACCOMMODATION
We have identified a net internal area of 2,122 sq ft / 197 sq m.

TENURE
The freehold interest is offered for sale to include the subsisting occupational leases and two parking spaces at a guide price of £530,000, subject to contract.

Tenancy Schedule available on request.

EPC RATING
The building is rated C (51), valid until October 2035 under certificate reference 8796-6686-0214-8761-7680.

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

VAT has been elected; however, it is anticipated that the sale will be treated as a Transfer of a Going Concern (TOGC).

VIEWINGS
For all enquiries and to arrange a viewing please contact the sole agents Trinity Rose Commercial on .