Home > Auctions > 15 & 16 September 2026 15 September 2026 - 9:00am > Lot 218

15 & 16 September 2026: Tuesday 15 September 2026 - 9:00am
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    Key features

    • To be offered on Wednesday 16 September
    • Prominent Freehold Grade II Listed City Centre Office
    • Arranged over 7,884 sq ft to provide nine office suites
    • Residential conversion and wider redevelopment potential, subject to obtaining the necessary planning consents.
    • Rare city centre parking provision with 12 on-site spaces to the rear
    • Suitable for investors, developers and owner-occupiers seeking a prime Winchester asset.
    • Vacant

    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.

    Additional information

    Tenure

    Freehold

    Accommodation

    Total 732.42 sq m (7,884 sq ft)

    Tenancy

    Vacant

    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

    Notes

    Please note the areas provided are approximate. The photos and any drawings are for illustrative purposes only and may not reflect the exact boundary of the property. The property has not been internally inspected by Savills. Prospective purchasers must rely upon their own enquiries in this regard. Please refer to the legal pack.


    Additional charges and fees might be charged by the seller and/or other third parties. You are strongly advised to read the Special Conditions of Sale for the Lot prior to bidding to check for any additional charges and fees.

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        All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

        Savills are not holding any viewings for this property. For further information please download the legal pack or email the relevant Savills Contact directly.

        Viewings are in the process of being finalised and will be online shortly, please click here for a notification when they go online.

        No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

        No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

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        Local information

        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.

        Legal documents

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        EPC rating

        If no EPC rating appears please refer to the legal pack.

        Guide prices and common auction conditions

        •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

        •The reserve price is the minimum price at which the property can be sold.

        •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

        •Some properties might be open to offers prior to auction. Exchange will take place, subject to contract and no higher offers, on auction terms and as per the legal pack. Please contact the auctioneer with your best and final offer, their details can be found on each lot page.

        •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

        Please note that all prices listed, whether prior to or post auction, are subject to contract.

        The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

        The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

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