To Let: A character commercial Use Class E property with approx. GIA of 2,422 sqft arranged over 3 floors benefitting from riverside views
Description
This character building which joins the adjacent City Mill dates from the 18th Century and is two storeys above basement and of brick construction under a pitched tile roof. To the front is a tile hung elevation at first floor; to the side is an imposing return frontage with the brick façade facing the river from basement level upwards. The fenestration is mainly wood framed with sash windows.
The property sits on a plot of approximately 0.027 acres.
Internal Description
The property currently trades as a restaurant and is configured to provide the following:
Ground floor: The property entrance is immediately off Bridge Street which leads to an open plan customer area with table seating for 34 covers. To one side of the property are bay windows with elevated seated views of the river. Features include an open pizza kitchen with oven and preparation area, service space to the rear and spiral staircase to both levels.
First floor: The floor provides a larger open plan customer area with additional seating for 60 covers with the front section benefitting from a vaulted ceiling with a floor to pitch height of approximately 5.0m (2.8m elsewhere). This floor also benefits from elevated views of the river and Bridge Street. Features include service space to the rear.
Basement: This floor provides dual access to the ground floor with accommodation including kitchen-preparation and wash-up area, customer WCs x 2, office, storage and staff area.
Planning & Conservation
PLANNING & CONSERVATION
Under the Town and Country Planning (Use Classes) Order 1987 (as amended) we understand the property benefits from Commercial Use Class E (restaurant) use. We recommend parties satisfy themselves on these points. The property is Grade II listed and located in the Winchester Conservation Area.
Terms
The premises will be available to let by way of a new full repairing and insuring lease for a negotiable term. The guide rent has recently been reduced to £40,000 per annum exclusive of VAT. Suitable security will be required.
Rateable Value
The property is listed on the 2023 Rating List with a Rateable Value of £26,500 (this is not the rates payable). The small business rates multiplier is 0.49p/£. Please visit VOA website for further details.
Existing Business & Licensing
The Pizza Express business is currently trading (see their website for opening hours). Please do not approach the business or staff directly.
The property has a Premises Licence permitting the sale of alcohol Monday - Saturday 10.00 - 00.00 (Sunday hours pending confirmation).
Viewing
Please contact sole letting agents for Winchester City Council, Savills (Southampton) on 02380 713 900 or cbickle@savills.com
Services
We understand gas, electric, water and drainage are all connected.
C (73)
Name | sq ft | sq m | Availability |
---|---|---|---|
Basement - Ancillary | 818 | 75.99 | Available |
Ground - Trade & Ancillary | 818 | 75.99 | Available |
1st - Trade & Ancillary | 786 | 73.02 | Available |