81 Parchment Street Winchester Hampshire
TO LET
HOLLOWAY ILIFFE & MITCHELL
GROUND & FIRST FLOOR RETAIL PREMISES 1,057 Sq Ft (98.20 Sq M)
81 Parchment Street Winchester Hampshire SATNAV SO23
8AT
Situated just off Winchester High Street, near Phase Eight & opposite WH Smith Situated in the Pedestrianised Section of the City Centre Located in the Heart of the Prosperous Cathedral City Ancillary Office and Storage
Portsmouth
O23 9237 78OO
Southampton
O23 8011 9977
Commercial Estate Agency Property Management Valuations Development Advice Rating Investment Advice Building Surveys Arbitration Rent Review / Lease Renewal
hi-m.co.uk
81 Parchment Street, Winchester, Hampshire LOCATION
EPC RATING
The subject property is located in the pedestrianised section of Parchment Street, very close to the prime pedestrian section of the High Street in the area known as The Pentice.
C (70)
PHOTO
The property is next to Phase Eight which has a return frontage to Parchment Street. The property is also opposite WH Smith and their entrance of Parchment Street. Retailers in the immediate vicinity include Boots, O2, Clarks shoes, Vision Express, Costa Coffee. Other retailers close by include Starbucks, Holland & Barratt, Jack wills, Montezuma's and The White Company.
DESCRIPTION Located in a conservation area, the property is arranged as retail accommodation on the ground and first floors, together with ancillary office and storage accommodation above, with additional storage space in the basement. There is the possibility that the unit can be let together with 80 / 80a Parchment Street. This is located next door to 81 and will provide an additional 575 sq.ft of retail space. Further details available on request.
LOCATION PLAN
ACCOMMODATION Ground Floor Sales Area
28.38 sq.m / 295 sq.ft
First Floor Retail / Consulting Room
25.56 sq.m / 275 sq.ft
Second Floor Office / Staff Room & WC
27.85 sq.m / 300 sq.ft
Basement 17.42 sq.m / 187 sq.ft (access from trap door in shop) Total net internal area
98.2 sq.m / 1,057 sq.ft
TERMS Available on the remainder of a 20 year FRI lease at a passing rent of £37,500 pa with the lease expiring on 09 February 2034 (to be confirmed). The lease benefits from a Tenant only break option at the 15 th year of the term, subject to 6 months notice.
DISCLAIMER
Holloway Iliffe & Mitchell Limited
Registered Office:10 Acorn Business Park Northarbour Road Portsmouth PO6 3TH
BUSINESS RATES Rateable Value: To be re-assessed. You are advised to confirm the rates payable with the local council before making a commitment.
OTHER COSTS Each party to pay their own legal costs incurred in the transaction. Unless stated, all prices and rents are quoted exclusive of VAT.
For the Lessors or Vendors of this instruction, whose Agents they are, give notice that; These particulars are set out as general guidance only to intending Purchasers or Lessees, and do not constitute any part of an offer or contract. Details are given without any responsibility and any intending Lessees, Purchasers or Third Parties should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. No person in the employment of Holloway Iliffe & Mitchell has any authority to make any representation or warranty whatsoever in relation to this property.
VIEWING Strictly by appointment with sole agents Tom Holloway T 023 9237 7800 E [email protected] As responsible landlords, our client has regard to the recommendations of the Code of Practice for Commercial Leases in England & Wales. If you are professionally represented, you should ask your advisor for a copy. Alternatively, the document can be found at www.leasingbusinesspremises.co.uk or be obtained from The Royal Institution of Chartered Surveyors (Tel: 020 7343 3806) In accordance with the code, our client is willing to consider alternative lease terms to those proposed. If you wish to suggest different terms, please set these out clearly in your reply. Please bear in mind however that variations may affect the level of rent proposed.
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Date Prepared: 20-Feb-2018
HOLLOWAY ILIFFE & MITCHELL
GROUND & FIRST FLOOR RETAIL PREMISES 1,057 Sq Ft (98.20 Sq M)
81 Parchment Street Winchester Hampshire SATNAV SO23
8AT
Situated just off Winchester High Street, near Phase Eight & opposite WH Smith Situated in the Pedestrianised Section of the City Centre Located in the Heart of the Prosperous Cathedral City Ancillary Office and Storage
Portsmouth
O23 9237 78OO
Southampton
O23 8011 9977
Commercial Estate Agency Property Management Valuations Development Advice Rating Investment Advice Building Surveys Arbitration Rent Review / Lease Renewal
hi-m.co.uk
81 Parchment Street, Winchester, Hampshire LOCATION
EPC RATING
The subject property is located in the pedestrianised section of Parchment Street, very close to the prime pedestrian section of the High Street in the area known as The Pentice.
C (70)
PHOTO
The property is next to Phase Eight which has a return frontage to Parchment Street. The property is also opposite WH Smith and their entrance of Parchment Street. Retailers in the immediate vicinity include Boots, O2, Clarks shoes, Vision Express, Costa Coffee. Other retailers close by include Starbucks, Holland & Barratt, Jack wills, Montezuma's and The White Company.
DESCRIPTION Located in a conservation area, the property is arranged as retail accommodation on the ground and first floors, together with ancillary office and storage accommodation above, with additional storage space in the basement. There is the possibility that the unit can be let together with 80 / 80a Parchment Street. This is located next door to 81 and will provide an additional 575 sq.ft of retail space. Further details available on request.
LOCATION PLAN
ACCOMMODATION Ground Floor Sales Area
28.38 sq.m / 295 sq.ft
First Floor Retail / Consulting Room
25.56 sq.m / 275 sq.ft
Second Floor Office / Staff Room & WC
27.85 sq.m / 300 sq.ft
Basement 17.42 sq.m / 187 sq.ft (access from trap door in shop) Total net internal area
98.2 sq.m / 1,057 sq.ft
TERMS Available on the remainder of a 20 year FRI lease at a passing rent of £37,500 pa with the lease expiring on 09 February 2034 (to be confirmed). The lease benefits from a Tenant only break option at the 15 th year of the term, subject to 6 months notice.
DISCLAIMER
Holloway Iliffe & Mitchell Limited
Registered Office:10 Acorn Business Park Northarbour Road Portsmouth PO6 3TH
BUSINESS RATES Rateable Value: To be re-assessed. You are advised to confirm the rates payable with the local council before making a commitment.
OTHER COSTS Each party to pay their own legal costs incurred in the transaction. Unless stated, all prices and rents are quoted exclusive of VAT.
For the Lessors or Vendors of this instruction, whose Agents they are, give notice that; These particulars are set out as general guidance only to intending Purchasers or Lessees, and do not constitute any part of an offer or contract. Details are given without any responsibility and any intending Lessees, Purchasers or Third Parties should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. No person in the employment of Holloway Iliffe & Mitchell has any authority to make any representation or warranty whatsoever in relation to this property.
VIEWING Strictly by appointment with sole agents Tom Holloway T 023 9237 7800 E [email protected] As responsible landlords, our client has regard to the recommendations of the Code of Practice for Commercial Leases in England & Wales. If you are professionally represented, you should ask your advisor for a copy. Alternatively, the document can be found at www.leasingbusinesspremises.co.uk or be obtained from The Royal Institution of Chartered Surveyors (Tel: 020 7343 3806) In accordance with the code, our client is willing to consider alternative lease terms to those proposed. If you wish to suggest different terms, please set these out clearly in your reply. Please bear in mind however that variations may affect the level of rent proposed.
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Date Prepared: 20-Feb-2018
