Newly refurbished 1,640 sq ft unit with flexible Use Class E.
Prominent town-centre frontage with glazed double entrance
A recently refurbished single-storey commercial unit on Winchester Street, offered freehold and sold at public auction. The property has been fitted out to provide a showroom, separate office, store, kitchen and WC under Use Class E, making it suitable for retail, office or small commercial operations. At 1,640 sq ft, the footprint is generous for a town-centre unit and benefits from prominent glazed frontage and good pedestrian visibility.
This lot is being sold subject to the existing lease and will be offered at auction on 19th November 2025. The asking price reflects £91.50 per sq ft and the sale is listed with a public notice/repossession. Important practical points for investors: tenure details are recorded as unknown, on-street parking is limited, and the surrounding area records very high crime levels, which may affect tenant mix and insurance costs.
For an investor seeking a town-centre asset, the property’s recent refurbishment reduces immediate capital expenditure and the Use Class E flexibility broadens re-letting options. Fast broadband and a prominent arterial route location provide functional advantages for a wide range of commercial occupiers. Conversely, the high local crime rate, constrained vehicle access and the unresolved tenure information are material considerations when assessing yield, management costs and long-term security.
Bidders should factor the auction sale process and existing lease into their due diligence. The unit’s condition appears good externally and internally refurbished, but purchasers should confirm lease terms, service arrangements, access rights and local operating costs before committing.
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