4 Charlecote Mews, Staple Gardens, WINCHESTER, Hampshire, SO23 8SR

ANNOUNCEMENT
LOT 211 - 4 CHARLECOTE MEWS, STAPLE GARDENS, WINCHESTER, HAMPSHIRE
The sellers have executed a new 3-year lease dated 1st March 2025 for the ground floor at £17,450 PA. The total income for the building (part let) is now £26,810 PA and not as stated in the catalogue.

Three storey 5 office suite block with 2 allocated parking spaces,
Part let at £26,810 PA – potential rent fully let circa £50,000 PA,
Offering various potentials in the heart of prestigious Winchester City Centre.

3D Tour: Click Here

NOTE REGARDING VIDEO TOUR: At the time of doing the video tour, we could not gain access to Suite 3 on the first floor. Therefore this is missing from the tour.

Tenure
Freehold with Part Vacant Possession

Tenancy Details
The building is currently part let at the following rents:
Ground Floor – £17,450 PA. 3 year lease dated 1st March 2025.
First Floor Suite 1 – £4,800 PA. This tenant has given notice to vacate and will leave at the end of April.
First Floor Suite 2 – £4,560 PA. The seller is in the process of renewing a new 3 year lease at £4,560 PA.
Second Floor – The tenants are due to vacate on 27th March 2025 but were paying £24,540 PA. Their demised areas were the second floor, first floor suite 3, first floor common areas of kitchen & toilets along with the 2 parking spaces.

Description
This three storey end of terrace building offers circa 1,700 sq ft of good quality office accommodation and facilities. The building comprises of ground and second floor offices and three smaller office suites on the first floor, each with allotted facilities and accessed via the ground floor entrance with a security entry system. The property is considered an ideal investment purchase based on potential fully let rental income, along with the potential for residential conversion (subject to obtaining required consents).

Location
Charlecote Mews is a pleasant courtyard development located in Winchester’s business district. The area comprises of a mix of offices and a number of apartment conversions and is accessed from Staple Gardens, which sits between and runs parallel with Jewry Street and Tower Street. This city centre location is within the heart of historical Winchester and is ideally placed for commerce together with a wealth of shops and local amenities that are readily available. Further parking facilities can be found in the nearby Tower Street multi storey car park. Transport links include the nearby Winchester train station which provides a one hour commuter service to London Waterloo and Junctions 9 & 11 which connect to the M3 motorway to London.

Accommodation
Ground Floor: Communal Entrance with Stairs to all Floors. Meeting/Reception Room, Office Room, Kitchen, WC.
First Floor: Landing with Stairs to Second Floor. Communal Kitchen/Dining Area, Office Suite 1, Office Suite 2, Office Suite 3, Male & Female WC’s.
Second Floor: Landing. Main Office Room, Second Office Room.
Outside: 2 allocated parking spaces directly outside the building.

EPC C

To view: Fox & Sons, Tel: 02380 338 066




Important Notice:
For each Lot, a contract documentation fee of £1,500 (inclusive of VAT) is payable to Barnard Marcus Auctions by the buyer. The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of Sale. Buyers are deemed to bid in full knowledge of this.

The Guide Price quoted must not be relied upon by prospective purchasers as a valuation or assessment of value of the property. It is intended to provide purchasers with an indication of the region at which the reserve may be set at the time of going to press. The guide price may be subject to variation and interested parties are advised to make regular checks for variations and should be aware that the reserve price may be either below or above the quoted guide price.

Prospective purchasers should also be aware that the eventual sale price may be above or below the guide level dependent upon competition, and should therefore not presume the guide to be indicative of the final expected sale price or the price the property is available at.

When setting the guide price, the auctioneers have given consideration to the seller’s instructions in respect of their indicated reserve price at the time of instruction. The reserve price, (the level below which the property will not be sold), remains confidential between the seller and the auctioneer. The guide price therefore, is intended to indicate the region at which the reserve price is intended to be set. The seller will confirm their final reserve price close to the auction date and if appropriate the auctioneers may adjust the guide price to reflect this.
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Prospective purchasers and bidders attend properties entirely at their own risk. Particular care should be taken when accessing cellars, attics, exterior grounds and outbuildings and boundaries. All non-conducted inspections of vacant sites should be made in daylight hours only and entry into such sites is entirely at the viewers risk.


1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Photographs and Measurements: Some images may have been taken by a wide angled lens camera. These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.