3-4 Upper High Street, Winchester, SO23 8UT
720 Sq Ft / Other / Investment
For Sale
- £1,000,000.00
Available - Last updated: 25 March 2025
Summary
This 5 storey mixed use property has been fully refurbished by the vendor over the last 5 years. The ground and basement have been let to Chase Cycles who moved to Winchester City Centre from Waltham Chase as the business expanded. The ground floor retail has a full height glazed frontage on half providing attractive retail display space. The basement is used as storage and for bike repairs. Extending to 750 sq ft ground floor sales area the unit is ideal for this high end bike retailer.
The first floor comprises a refurbished office of 732 sq ft providing open plan office space with a separate meeting room. There is new LED lighting and wooden flooring creating high quality office space.
The second and third floors comprise a 1 bedroom flat and a 2 bedroom flats, with separate kitchen and lounge, and have a high-quality fitout.
Key Points
Fully let mixed use freehold investmentWinchester City CentreGround floor retail, first floor office1 x one bedroom flat and 2 x two bedroom flatCompletely refubished5.43% net initial yieldLocation
Upper High Street enjoys an elevated position equidistant from the mainline rail station and the main High Street. Next door to The Westgate Public House and opposite Hampshire County Council and Law Courts.
Winchester itself is a popular, attractive and affluent Cathedral City and County town, which benefits from excellent communication links adjacent to Junctions 9, 10 and 11 of the M3, connecting with the A34 and A31. It is the base for Hampshire County Council and Winchester City Council which combined have a significant workforce.
The city is also a very popular tourist destination due to the famous cathedral and the historic central area. Winchester University also draws a significant number of students and visitors to the City.
Property Quote Price(s)
Description | Sale type | Guide price | Price type |
|
For Sale Freehold
|
£1,000,000.00
| NA |
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