Office for sale

Southgate Street, Winchester SO23

Strapline

Auction Sale - 15/09/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions website. -

Freehold city centre office investment over 7,884 sq ft with asset management opportunities, 12 parking spaces and residential conversion potential, subject to planning.

Description

12 Southgate Street comprises an impressive Grade II* listed office building arranged over lower ground, ground and three upper floors, extending to approximately 7,884 sq ft (732.42 sq m). The property occupies a prominent position within Winchester city centre and is currently configured as a number of self-contained office suites, providing an attractive blend of character accommodation and modern office space. To the rear is a private car park providing 12 valuable parking spaces.

The property presents a compelling asset management opportunity through the enhancement of existing accommodation, refurbishment of vacant space, lease restructuring and rental growth initiatives. The flexible suite configuration also provides scope for owner-occupation or continued multi-let investment use.

In addition, the building offers significant longer-term repurposing potential. Its substantial floor area, city centre location and attractive period features make it well suited to alternative uses, including residential conversion or mixed-use redevelopment, subject to the necessary planning consents. This provides purchasers with the opportunity to secure a landmark Winchester asset capable of delivering both income-driven and development-led value creation strategies.

Location

Located in the heart of Winchester city centre, 12 Southgate Street occupies a highly prominent position on one of the city's principal retail thoroughfares. The property is situated close to a wide range of national and independent retailers, cafés and restaurants, and benefits from strong pedestrian footfall.

Transport

Road Winchester benefits from excellent road communications, with the M3 motorway (Junctions 9,10 and 11) providing direct access to London, Southampton and the wider South East. The A34 also connects Winchester to Oxford and the Midlands.

Rail Winchester Railway Station is approximately 0.8 miles north of the property and provides frequent direct services to London Waterloo (from approximately 60 minutes), Southampton, Bournemouth and Weymouth.

Air Southampton Airport is located approximately 9 miles south of Winchester and offers a range of domestic and international flights. London Heathrow Airport is approximately 60 miles to the north-east.

Bus Winchester bus station is within easy walking distance of the property and provides regular local and regional services throughout Hampshire and the surrounding area.

Tenancy

Vacant

Accommodation

Total 732.42 sq m (7,884 sq ft)

Planning

The property maybe suitable for residential conversion subject to obtaining all necessary consents. All enquiries in this regard should be made with Winchester City Council, the local planning authority.

Website: Winchester Council