Property photos
Freehold
£375,000
(£194.70/sq. ft)
Retail premises for sale
1 Station Terrace, Shawford, Winchester, Hampshire SO211,926 sq. ft
Local area information
Property location
Nearby amenities
- Shawford 0.1 miles
- Twyford St Mary's Church of England Primary School 0.5 miles
- Twyford School 0.6 miles
- Winchester 3.1 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Freehold
- Asking price £375,000
- Commercial Income of £13,748 per annum
- Residential Income of £9,300 per annum
- Benefits from 5 allocated parking spaces
- Easy access to the Waterloo Line
- Popular village location
Description
The property is a semi-detached building located within the popular village of Shawford, just outside Winchester, the property is conveniently located off the main road and within close proximity to Shawford train station, which is a popular commuter station with easy access onto the Waterloo line. There is circa 4 parking spaces to the rear of the property that are currently demised to the shop.
The property is currently split into two separate units with the basement, ground and a small area of the first floor being used as commercial space and the majority of the first floor being a one-bedroom residential flat. The ground floor is let to a local specialist bike sales, rental, and repair shop.
Accommodation
Commercial - 126 sq.m
Residential - 53 sq.m
Planning
Interested parties are advised to make their own enquiries of the Local Authority for confirmation.
EPC Text
Asset Rating - Commercial E (109)
Residential D (64)
Rating
Rateable Value - £13,965
Source The 2024/2025 small business multiplier is 0.499 (49.9p payable per £1). This determines what business rates are payable. All parties are advised to make their own enquiries for confirmation. *If you qualify as a 'small business' you may be eligible for substantial relief in connection with business rates payable. We advise all parties speak to the local authority in the first instance for confirmation.
Terms
Offers considered in the region of £375,000 subject to the existing tenancies.
Commercial
The property is let by way of a lease dated 29th June 2021 for a term of 5 years at a passing rent of £12,686 per annum, expiring 28th June 2026.
The tenant is 'The Cycle Company Limited'.
There is a small first floor office area let on a flexible lease for the sum of £1,062 per annum.
Residential
The uppers comprise a 1 bedroom flat let on a periodic tenancy that commenced on 22nd February 2023 at a passing rent of £9,300
The property is a semi-detached building located within the popular village of Shawford, just outside Winchester, the property is conveniently located off the main road and within close proximity to Shawford train station, which is a popular commuter station with easy access onto the Waterloo line. There is circa 4 parking spaces to the rear of the property that are currently demised to the shop.
The property is currently split into two separate units with the basement, ground and a small area of the first floor being used as commercial space and the majority of the first floor being a one-bedroom residential flat. The ground floor is let to a local specialist bike sales, rental, and repair shop.
Accommodation
Commercial - 126 sq.m
Residential - 53 sq.m
Planning
Interested parties are advised to make their own enquiries of the Local Authority for confirmation.
EPC Text
Asset Rating - Commercial E (109)
Residential D (64)
Rating
Rateable Value - £13,965
Source The 2024/2025 small business multiplier is 0.499 (49.9p payable per £1). This determines what business rates are payable. All parties are advised to make their own enquiries for confirmation. *If you qualify as a 'small business' you may be eligible for substantial relief in connection with business rates payable. We advise all parties speak to the local authority in the first instance for confirmation.
Terms
Offers considered in the region of £375,000 subject to the existing tenancies.
Commercial
The property is let by way of a lease dated 29th June 2021 for a term of 5 years at a passing rent of £12,686 per annum, expiring 28th June 2026.
The tenant is 'The Cycle Company Limited'.
There is a small first floor office area let on a flexible lease for the sum of £1,062 per annum.
Residential
The uppers comprise a 1 bedroom flat let on a periodic tenancy that commenced on 22nd February 2023 at a passing rent of £9,300
There are some planning applications within 0.5 miles of this home
Assess how they might enhance or detract from this home’s value.
More information
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Listed by
Primmer Olds BAS
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