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Prime Unbroken Rarely Available Retail Parade in Prime Cathedral City For Sale

• Winchester is an historic cathedral city and county town of Hampshire, which is one of the most affluent of the
PROMIS centres ranking 4th out of 200 locations.

• Prime freehold south east city centre holding, comprising c 26,000sqft,principally arranged over ground and
two upper floors.

• Let to the undoubted covenants of Tesco,Mcdonalds,Body Shop,Santander,Robert Dyas and Leighton Opticians.

• Current Wault to expiry of c 8.8 years and c 6.24 years to break.

We are instructed to seek offers for the freehold interest in excess of £9,700,000 (Nine million seven hundred thousand pounds) subject to contract and exclusive of Vat, which reflects a net initial yield of 7%,after allowing for standard purchasers’ costs. The sale price reflects a capital value of £372 per sq ft.

Tenure:

Freehold

Lot Size:

2,463 sqm

Yield:

7 %

Price:

£9,700,000

Contact:

Philip Hay BSc (Hons) MRICS
phay@jacksoncriss.co.uk
020 7637 7100

Rhodri Jones
rjones@jacksoncriss.co.uk
020 7637 7100

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