Location
A Grade II listed building over 5400 sq. ft.
Occupying a prime location on Southgate Street, the property comprises a two bedroom lower ground floor apartment, with commercial offices on the ground floor and further residential accommodation on the first, second and third floors.
The lower ground floor apartment generates a monthly income of £1,000 on an assured short hold tenancy while the ground floor office produces an annual income of £13,000 with a lease running until 2025.
From the primary entrance hall an elegant staircase allows access to a number of original reception rooms on the first floor with bedrooms and other facilities on the floors above; all are in need of complete renovation.
Retaining many original features it is clear that with thought, care and investment the property could be restored to its original grandeur.
Accessed via a private entrance from Southgate Street the lower ground floor apartment enjoys original flagstone floors, period features and two well-proportioned bedrooms. There is an attractive outside, covered seating area to the rear. The current assured short-term tenancy generates a monthly income of £1,000.
View payable Stamp Duty for this property
A fantastic opportunity to acquire a notable Grade II listed building of over 5400 sq. ft. in central Winchester.
Robert TottleProperty agent