INCOME PRODUCING CITY CENTRE OFFICE/RETAIL BUILDING - FOR SALE

 

Summary

  • Potential for conversion to residential, subject to planning
  • Total passing rent of £198,159 per annum
  • 11 car parking spaces
  • Less than 100m from the high street
  • Short walk to Winchester train station
  • High footfall
  • 1.5 miles from J9 of the M3

Location

Winchester is a popular, affluent and attractive cathedral city and county town which benefits from excellent communication links. Staple Gardens is a key street in the city centre, with easy access to the M3 motorway adjacent to junction 9, 10 & 11, connecting with the A34 and A31. Winchester railway station is within 1/2 mile providing regular services to Southampton (10 minutes), Basingstoke (15 minutes) and London Waterloo (1 hour).

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Further Information

Price Price on application

Rates Payable Upon Enquiry

Service Charge On request

EPC Rating This property has been graded as D (77)


Description

Constructed in the early 1980's, Sheridan House is mixed use retail/office building providing accommodation over lower ground and 4 upper floors. The building includes 2 self contained retail units fronting Jewry Street (both let) with the office areas divided into 7 suites (3 of which are let).

The building is served with a passenger lift, has WC facilities to each floor, 2 stair cases (not third floor) and 11 parking spaces in a rear courtyard, accessed via an archway under the building.

Viewings

Strictly by appointment via the sole agent.

Terms

The freehold is available to purchase, subject to the existing leases.

VAT

Unless otherwise stated terms are strictly exclusive of Value Added Tax and interested parties must satisfy themselves as to the incidence of this tax in the subject case.

Legal Costs

Each party to be responsible for their own legal costs incurred in this transaction.

AML

In accordance with Anti-Money Laundering requirements, two forms of identification will be required from the purchaser or tenant and any beneficial owner together with evidence/proof identifying the source of funds being relied upon to complete the transaction.