Overview
Description
Location
Description
Winchester is an affluent cathedral city and an important retail and commercial centre located approximately 12 miles (19km) north of Southampton and 60 miles (96km) south west of London. St Georges Street is one of the city's principal shopping thoroughfares and the premises occupy an excellent trading location opposite Primark which forms part of The Brooks Shopping Centre where other occupiers include Waterstones and TK Maxx.
Trading close by are McDonalds, Cook, Leightons Opticians and Kokoro.
The property is a modern, mid terrace two storey property The first floor is currently arranged to provide storage, staff and office facilities together with W/C.
Accommodation
Gross Frontage 21 ft 6.41m
Ground Floor Net Sales Area 318 Sq Ft 29.57 Sq M
First Floor (GIA) 308 Sq Ft 28.64 Sq M
Planning
Interested parties are advised to make their own enquiries of the Local Authority for confirmation.
EPC Text
Asset Rating - D
Rating
Rateable Value £18,750
Source https://www.gov.uk/find-business-rates
Terms
£450,000
A purchase at this price reflects a net initial yield of 7% after buyers costs.
Summary
Key points
- Modern Two Storey Property
- Guide Price £450,000 for the freehold (STC)
- Attractive Net Initial Yield 7%
- No VAT Payable
- Opposite Primark and The Brooks Shopping Centre
- Affluent Cathedral City
Contact
Primmer Olds UK Ltd
Tel: 07880 700995
Duane Walker
dwalker@mavarealestate.co.uk
https://www.primmeroldsbas.co.uk
EPC
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