Summary - 12, NORMANDY STREET GU34 1BX
1 bed 1 bath Shop
Income-producing town-centre shop with garden and development potential.
Passing rent £43,000 per annum
A rare mixed-use freehold on Normandy Street, offering ground-floor retail split into two demises with a maisonette above. The property produces a passing rent of £43,000 per annum and extends to approximately 1,586 sq ft, making it a clear fit for income-focused buyers or those seeking a hands-on town-centre redevelopment.
The building is Grade II listed, with retained Georgian and Victorian character including exposed beams and period fenestration. Allocated off-street parking and a decent rear garden (with an outbuilding/store) add practical value and explicit scope for change, subject to planning and listed-building consent.
Prospective purchasers should factor in the constraints: listed status will limit alteration options and may increase repair costs; the solid-brick construction likely lacks wall insulation; and the property sits in a higher-crime local area. Development potential is mentioned but any conversion or extension would require all necessary consents. The accommodation offers clear refurbishment and rental-enhancement opportunities rather than a turnkey investment.
This is best suited to investors or small developers who understand listed buildings and town-centre trading leases, or owner-occupiers prepared to manage refurbishment and consent processes. The location benefits from strong transport links to Winchester and London, a busy High Street position and nearby national occupiers, which support long-term footfall and rental demand.
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