Charlecote Mews, Staple Gardens, Winchester, Hampshire, SO23
- SIZE AVAILABLE
1,662 sq ft
154 sq m
- SECTOR
Office for sale
Key features
- Freehold multi-let Winchester office investment
- Guide price of £600,000
- Capital value of £361 per sq ft
- Existing rent roll of £44,515 per annum
- ERV £50,050 per annum
- Gross yield of 7.41%, reversionary GY of 8.34%
- Not elected for VAT
- Comprises five office suites ranging from 123 sq ft to 648 sq ft
- Diverse and established tenant profile
- Two parking spaces
Description
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 an hour, while public car parking is 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 office investment in Winchester city centre, producing a rental income of £44,515 per annum. The property comprises office suites extending to approximately 1,662 sq ft NIA, together with two parking spaces, and is offered at a guide price of £600,000, reflecting a capital value of £361 per sq ft and a gross yield of 7.41%.
The accommodation is arranged as five office suites ranging in size from 123 sq ft to 648 sq ft, over three floors. 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 .
Energy Performance Certificates
EPC Rating GraphBrochures
Charlecote Mews, Staple Gardens, Winchester, Hampshire, SO23
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Winchester Station0.3 miles
- Shawford Station2.9 miles
Notes
Disclaimer - Property reference COM260053. 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 Trinity Rose Commercial, Chandler's Ford. 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.




