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Agent's details

1 Bridge Street, SO23

To rent: ROA|818 - 2,422 Sq Ft|Restaurants/Cafes, Retail - High Street, Licensed & Leisure, Retail

Property details

TO RENTROA
SIZE818 - 2,422 Sq Ft
ADDRESS1 Bridge Street, Winchester, SO23 9BH
TYPERestaurants/Cafes, Retail - High Street, Licensed & Leisure, Retail
TENURETo Let
POSTED ON16th July 2024

Description

Key Points

  • Character commercial Use Class E property on edge of Winchester City Centre between Broadway and Chesil Street
  • Currently trading as a restaurant over 3 floors with approx. GIA 2,422 sqft (225 sqm)
  • Unique waterside views of River Itchen and City Mill building
  • Prominent location on arterial route in to City from M3 (J10/Bar End)
  • Suitable for a variety of uses within Class E including food & beverage, retail, business services
  • New lease terms to be agreed with guide rent £45,000 per annum exclusive of VAT
  • Summary

    To Let: A character commercial Use Class E property with approx. GIA of 2,422 sqft arranged over 3 floors benefitting from riverside views

    Description

    This character building which joins the adjacent City Mill dates from the 18th Century and is two storeys above basement and of brick construction under a pitched tile roof. To the front is a tile hung elevation at first floor; to the side is an imposing return frontage with the brick façade facing the river from basement level upwards. The fenestration is mainly wood framed with sash windows.
    The property sits on a plot of approximately 0.027 acres.

    Location

    The property is located in the historic city of Winchester, 65 miles south-west of London and 13 miles north of Southampton on the western edge of the South Downs National Park. The city has a population of 45,184 and the wider City of Winchester district is 116,800 (2011 census).
    Bridge Street is located on the eastern edge of the City Centre with property benefitting from a highly visible position close to the roundabout junction of Chesil Street, a main vehicular and pedestrian route in to the City. The property sits on the bank of the River Itchen on one of the City’s main walking routes and is close to the well-known King Alfred statue on the Broadway. The immediate are comprises parades of various independent commercial businesses including café, art gallery, retail units and the Chesil House events venue. Hospitality operators in the immediate area include Kyoto Kitchen, The Chesil Rectory and The Bishop on the Bridge. Transport connections in the area are good with a large multi-storey car park nearby (600+ spaces). The property is within the administration of Winchester City Council.

    Availability_text

    The accommodation comprises the following areas:

    Internal Description

    The property currently trades as a restaurant and is configured to provide the following:
    Ground floor: The property entrance is immediately off Bridge Street which leads to an open plan customer area with table seating for 34. To one side of the property are bay windows with elevated seated views of the river. Features include an open pizza kitchen with oven and preparation area, service space to the rear and spiral staircase to both levels.
    First floor: The floor provides a larger open plan customer area with the front section benefitting from a vaulted ceiling with a floor to pitch height of approximately 5.0m (2.8m elsewhere). This floor also benefits from elevated views of the river and Bridge Street. Features include service space to the rear.
    Basement: This floor provides dual access to the ground floor with accommodation including kitchen-preparation and wash-up area, customer WCs x 2, office, storage and staff area.

    Planning & Conservation

    PLANNING & CONSERVATION
    Under the Town and Country Planning (Use Classes) Order 1987 (as amended) we understand the property benefits from Commercial Use Class E (restaurant) use. We recommend parties satisfy themselves on these points. The property is Grade II listed and located in the Winchester Conservation Area.

    Terms

    The premises will be available to let by way of a new full repairing and insuring lease for a negotiable term. Guide rent £45,000 per annum exclusive of VAT. Suitable security will be required.

    Rateable Value

    The property is listed on the 2023 Rating List with a Rateable Value of £26,500 (this is not the rates payable). The small business rates multiplier is 0.49p/£. Please visit VOA website for further details.

    Existing Business & Licensing

    The Pizza Express business is currently trading (see their website for opening hours). Please do not approach the business or staff directly.
    The property has a Premises Licence permitting the sale of alcohol Monday - Saturday 10.00 - 00.00 (Sunday hours pending confirmation).

    Viewing

    Please contact sole letting agents for Winchester City Council, Savills (Southampton) on 02380 713 900 or cbickle@savills.com

    Services

    We understand gas, electric, water and drainage are all connected.

    Location

    marker
    Location: 1 Bridge Street, Winchester, SO23 9BH

    Winchester (0.7 miles)

    Shawford (2.7 miles)

    Eastleigh (6.2 miles)

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