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14-14A Stockbridge Rd
Winchester SO23 7BZ
Retail Property For Sale · 679 SF
Investment Highlights
- Located adjacent to the railway station and 0.4 miles from Winchester City Centre
- The main line railway station is under 5 minutes walk away and offers a frequent services to London Waterloo, taking approximately 1 hour
- Excellent footfall being within 5 minutes’ walk of Peter Symonds Sixth Form College and Westgate Secondary School
Executive Summary
The subject unit is based on Stockbridge Road in Winchester and is located adjacent to the railway station and 0.4 miles from Winchester City Centre. The property benefits from excellent footfall being within 5 minutes’ walk of Peter Symonds Sixth Form College and Westgate Secondary School. The street benefits from a range of specialist retailers providing a diverse retailing environment that is popular with commercial tenants seeking a central yet affordable trading location. The main line railway station is under 5 minutes walk away and offers a frequent services to London Waterloo, taking approximately 1 hour. Winchester city centre is also close by and offers a wide variety of shops, hotels and restaurants within a few minutes’ walk. Rapid access to the M25 and M27 is afforded via the M3 which lies immediately to the east of Winchester.
PROPERTY FACTS
| Unit Size | 487 SF | Sale Type | Investment |
| No. Units | 1 | Building Class | B |
| Total Building Size | 679 SF | Number of Floors | 3 |
| Property Type | Retail (Unit) | Typical Floor Size | 679 SF |
| Property Subtype | Storefront Retail/Residential | Year Built | 1879 |
| Unit Size | 487 SF |
| No. Units | 1 |
| Total Building Size | 679 SF |
| Property Type | Retail (Unit) |
| Property Subtype | Storefront Retail/Residential |
| Sale Type | Investment |
| Building Class | B |
| Number of Floors | 3 |
| Typical Floor Size | 679 SF |
| Year Built | 1879 |
1 Unit Available
Unit 14
| Unit Size | 487 SF | Tenure | Freehold |
| Unit Use | Retail | Net Initial Yield | 6.94% |
| Sale Type | Investment | NOI | £25,331 |
| Unit Size | 487 SF |
| Unit Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
| Net Initial Yield | 6.94% |
| NOI | £25,331 |
Description
Ground floor coffee shop leased to Rost, a coffee shop and café.
The upper floors are residential use.
Sale Notes
The property is available Freehold at £395,000 reflecting a Net Initial Yield of 6.94% after purchasers’ costs of 5.8%. With a reversionary yield of 8.4%.
