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Investment - Retail High Street to Buy

Silver Hill, Winchester, SO23

£5,800,000 £291 /sf
19,923 sf
 
£5,800,000 £291 /sf
19,923 sf
Let to Sainsbury’s Supermarkets LTD for 99 years from March 1977.
Current rent £269,000 per annum.
5 yearly, upward only rent reviews to market value, assuming a term equivalent to the unexpired term.
Being a pre-1995 lease, the landlord benefits from Privity of Contract in the event of Sainsbury’s assigning their lease.
Investment to Buy
Investment - Retail High Street

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RE: Silver Hill, Winchester, SO23  (210226170148)

map markerSilver Hill, Winchester, SO23

The property is situated at the junction of Silver Hill and Middle Brook Street, just to the north of High Street and south of the Brooks Shopping Centre which is the principal shopping area in Winchester. Nearby occupiers include Marks and Spencer, Primark, Poundland, Debenhams and Superdrug. Winchester train station is located a short distance to the east of the subject property. Winchester City Council has revealed plans to revitalise the Central Winchester Regeneration area in the heart of the city centre, putting the subject property in a great strategic location.
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