FREEHOLD INVESTMENT FOR SALE, CITY CENTRE RETAIL PARADE
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Overview
| ID: | #2279 |
|---|---|
| Type: | Investment |
| Contract: | Freehold |
| Location: | Winchester |
FREEHOLD INVESTMENT FOR SALE
CITY CENTRE RETAIL PARADE
80/81 High Street, Winchester, Hampshire, SO23 9AP
- Approx 400 yard from Winchester mainline station
- Partly Grade II Listed premises
- Fully let parade of four retail units
- Prominent, High Street frontage
- Opposite Law Courts
- Neighbouring Hampshire Constabulary and Hampshire County Council Offices
- Four separate retail units with residential ground rents from upper floors
- Residential upper floors previously sold (known as St Pauls Court)
Accommodation
| UNIT | TENANT | LEASE | COMMENTS | CURRENT RENT |
| A | John King Ltd
(Mail Boxes) |
25/12/2011 – 24/12/2021 | £27,500 | |
| B | CA Thompson
t/a Anokhi |
25/12/2016 – 24/12/2021 | £23,500 | |
| C | Timber Windows
(Southern) Ltd |
20/01/2017 – 20/01/2027 | Tenant break January 2022
Rent review 20 January 2022 |
£30,000 |
| D | Brides of Winchester | 31/01/2013 – 31/01/2028 | Rent review 31 January 2020
Tenant break 31 January 2023 |
£27,500 |
| St Pauls Court – Flats | Current ground Rents | £700 | ||
TOTAL RENT |
£109,200 |
Rates
Interested parties are advised to make their own enquiries of the Rating Authority, Winchester City Council 01962 840222.
EPC
Energy Performance Certification (EPC) has been undertaken and is available on request. On the rating scale of A-G, the rating for Unit A is C69, Unit B is D89, Unit C is C66 and Unit D is D84.
Terms
The Freehold is offered for sale with price guide on application.
Viewing
Strictly by appointment through Sole Agents:-
Glanfield Holmlund
email: glanfield.holmlund@talk21.com
tel: 01420 544117
Map
Map available on request
