Central location near station with immediate rental income and redevelopment potential.
Ground-floor cafe let to June 2030, producing £9,600 pa income
This freehold mixed-use building in central Winchester offers immediate rental income and strong tenant demand. The ground-floor commercial unit is let to an established café until June 2030, producing a known income stream; upper floors have a proven history of HMO-style lettings across four bedrooms, giving clear potential for continued multi-let income.
The property’s location opposite Winchester station and within a short walk of the city centre, colleges and schools supports high footfall and lettability. Connectivity to London via frequent mainline services and easy M3 access further broadens appeal to commuters and students, enhancing rental flexibility.
Buyers should note material auction conditions: unconditional sale with a 5% deposit on the fall of the hammer and a buyers’ premium of 5% + VAT (minimum £5,000 + VAT). Completion is required within 28 days. The building has a single bathroom and a small plot; the area records higher local crime rates, which may affect management and insurance costs. Prospective purchasers must consult the legal pack for special conditions and any additional costs.
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