Savills | The Cavendish Centre, Winnall Close, SO23 0LB | Properties for sale
0.67 Ac(0.27 Ha)
Excess of £3,500,000

The Cavendish Centre, Winnall CloseSO23 0LB

  • Freehold

Key features

  • Full planning permission for 88 purpose built student bed spaces and 11,558 sq ft offices
  • Winchester is home to two Higher Education Institutions
  • The site is within walking distance of Winchester School of Art and the city centre
  • Regular bus services to Winchester University
  • A data room including the relevant planning, legal, environmental and technical information is available

Student Accommodation / B1(a) Office Development Opportunity

About this property

  • Description
    The site extends 0.67 acres (0.27 ha) and currently comprises a two storey steel frame building which was originally built in the 1950’s. Consented plans are
    for the existing building to be demolished and for the redevelopment of the proposed student accommodation and office scheme. The new scheme has planning permission for five storeys from ground through to fourth floors. The development is consented to provide 88 modern PBSA bed spaces, in 35 self-contained studios and 53 single en-suite cluster beds, in a mix of four, five, six and eight bedroom flats. In addition, 11,558 sq.ft NIA of office accommodation will also be provided along with 39 parking spaces. The completed PBSA element will also include a reception and management area, a common room, study room, laundry and warden’s flat.

Local information

  • Winchester is a historic cathedral city rich in culture renowned for its Gothic cathedral and stunning architecture. The city hosts a number of festivals throughout the year attracting thousands of visitors, including the Winchester Writers’ Festival, the Hampshire Food Festival and the Winchester Wine Festival.
  • The city’s population grew approximately 3.7% from 2012 to 2016 to 122,000, while employment increased more than 4% over the same period. 90% of employment is in the service sector, the largest sectors being public admin, education and health (38%) and banking, finance and insurance (18%).
  • The city lies approximately 14 miles to the north of Southampton, 20 miles south west of Basingstoke and 66 miles from London.
  • The city is well served by public transport with Southampton being a 17 minute train ride away and London only an hour away by train. Road connections are excellent, with the city lying adjacent to junctions 9, 10 and 11 of the M3 and adjacent to the A34 and A31 leading to Newbury and Guildford respectively