Hurtwood Capital makes first purchase in Winchester

By Stephen Emerson

9 February 2024

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The property is Hurtwood Capital's first purchase in Winchester

Family-owned investment company Hurtwood Capital has made its first acquisition in Winchester through the purchase of a prominent Winchester building.

The Grade II Listed property, at 17 The Square, occupies a prominent corner position on a pedestrian thoroughfare and is fully let to Pavers Limited, trading as Jones The Bootmaker, on a lease expiring in February 2028.

The sale was managed by Primmer Olds B.A.S on behalf of an unnamed pension fund client with the transaction completing in six weeks.

Hurtwood Capital has holdings across the South East and South West of England and is also the owner of The Business Magazine.

Primmer Olds B.A.S agent Oliver Noble said: "It was great to be involved in the transaction of a landmark building in central Winchester, growing our presence in the city.

"It goes to show with a motivated seller and purchaser and good lawyers, transactions can move quickly to everyone’s benefit. We look forward to continuing to grow our presence in Winchester and the South Coast as the go to agent for property investment transactions."

Frettens advised Hurtwood Capital and Ashfords advised the seller.

By Stephen Emerson

Stephen Emerson is the Managing Editor of The Business Magazine and is responsible for the publication's print publications and online properties including the newly launched Biz News websites in Hampshire and Dorset.

Stephen has been a journalist for 20 years and has worked at local, regional and national publications and led a team which made The Scotsman website one of the fastest growing news sites in the UK with over eight million monthly users.

He has a keen interest in technology, property and corporate finance and telling the stories of the people behind the successful firms in these sectors.