Basingstoke, RG21 7EB
|Property Type||Restaurant / Retail|
|Tenure||To Let / For Sale|
|Size||2,261 to 7,137 sq ft|
|Rent||£35,000 - £100,000 per annum|
|Business Rates||£27,392 per annum|
|Energy Performance Rating||Upon enquiry|
Basingstoke is a major centre for commerce and industry with a borough population of approximately 150,000. The town is 45 miles to the south west of London adjacent to Junctions 6 & 7 of the M3 Motorway. There is also a frequent rail service to London Waterloo, timetabled at 45 minutes.
The property occupies a prominent corner position, within a pedestrianised location fronting onto Winchester Street, Market Place and Church Street in Basingstoke’s ‘Old Town’. The ‘Old Town’ is a secondary retailing pitch popular with A2 and A3 occupiers.
Nearby occupiers include Zizzi’s, McDonald’s, Wetherspoons, Poppins, Leightons Opticians, Barclays Bank, National Westminster Bank.
The Willis Museum and Art Gallery is diagonally opposite the property.
|Name||Sq ft||Sq m||Availability|
|Basement - Basement||2,131||197.98||Available|
|Ground - Ground Floor||2,745||255.02||Available|
|1st - First Floor||1,678||155.89||Available|
|2nd - Second Floor||583||54.16||Available|
FORMER PERIOD BANK PREMISES TO LET/FOR SALE
Ground floor and basement restaurant/retail premises (A1/A2/A3 uses)
First and second floor B1 offices with planning permission to convert into 7 apartments.
The property comprises a former bank. The three storey period building is constructed of brick with timber sash windows under a pitched tile roof with dormer windows.
OPTION 1 - GROUND FLOOR AND BASEMENT (ONLY)
The Landlord is to undertake works to separate the ground floor and basement from the upper floors.
The ground floor and basement are available on a new full repairing and insuring lease for a period term to be agreed.
RENT - £60,000 per annum exclusive.
The property will be available for occupation once our client has completed the separation of the ground and upper floors, which is expected by April 2022.
OPTION 2 - FIRST & SECOND FLOORS
The first and second floors are available on a new full repairing and insuring lease for a term to be agreed.
RENT - £25,000 per annum exclusive.
OPTION 3 - ENTIRE BUILDING
The entire building including the first and second floors is available to let on a new full repairing and insuring lease. Term by arrangement
RENT - £85,000 per annum exclusive.
The property is available for occupation on completion of legal documentation.
OPTION 4 - FREEHOLD SALE
The freehold is available at a price of £1.5 million plus VAT.