Development & investment opportunity - sought after location in Winchester
Property
The property occupies a prominent mid-terrace position and is arranged over basement, ground, mezzanine, first and second floors with rendered elevations under a pitched slate roof at the front.
There is a single storey flat roof extension to the rear connecting with a former outbuilding.
The ground floor current use is a restaurant with bar and ancillary space GIA 109 sqm (1,176 sqft) The first & second floors comprise of living and ancillary accommodation GIA 110 sqm (1,188 sqft) with planning permission to convert to two 1 x bedroom apartments
Description
The property benefits from a ground floor customer area seating up to 70 customers but typically laid out to accommodate 55 covers.
Features include a bar servery, skylights to the mid-sections of the restaurant, ladies' and gent's WCs, trade kitchen and a mezzanine providing kitchen storage.
There is a rear access from a narrow street serving the adjacent residential properties. There is a self-contained entrance at ground floor level fronting Eastgate Street leading into a hallway giving access to the basement, a store at half-landing level and the first and second floors.
The first floor comprises two staff bedrooms, a domestic kitchen and bathrooms. The second floor has three staff bedrooms and a bathroom.
Planning
We understand the premises benefits from an A3 Use Class.
We understand the property is a Grade II Listed building and is within a Winchester Conservation Area.
Planning Permission
Planning permission has been granted to create two modern self- contained residential 1 bedroom flats 20/01156/FUL.
There is an option to buy the first & second floors separately for a project.
Please contact the agent to discuss further.