Fat Face, Winchester, building bought by Gentian Developments

AN INVESTMENT COMPANY has acquired a prominent retail space on Winchester High Street for almost £2m.

Winchester-based Gentian Developments, which invests across the UK, has completed the purchase of 28 High Street for £1.8m from a Jersey-based company.

This 3,250 square foot building is part of Gentian’s ongoing investment in Winchester’s retail offering.

The basement, ground floor and part of the upper floor are leased to the popular British lifestyle brand Fat Face until 2028. The empty 1.50 m² area on the first and second floor will be renovated by Gentian.

Gentian Developments made three further acquisitions on Winchester High Street in 2021. Their Town Center Regeneration portfolio now includes 126 High Street, currently leased to Mountain Warehouse, 46 High Street, currently leased to Seasalt, and 7-8 High Street, currently leased to Closs & Hamblin and Rick Stein Seafood Restaurant.

These important historical and attractive buildings are now locally owned and cared for.

Gentian Developments Property Director Alex Hirst said: This fourth acquisition on Winchester’s High Street demonstrates our continued commitment and confidence in the retail supply and future of the city. We have a vested interest in making sure our local High Street is an attractive place that people want to visit.”

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