Basingstoke, Hants, RG21 8SR
|Availability||To Let / For Sale|
|Size||921 to 1,906 sq ft|
|Rent||£33,000 per annum|
|Business Rates||£9,132 PA (based on rateable value of £18,600). For confirmation of rates payable contact Basingstoke & Deane Borough Council on 01256 844844|
|Energy Performance Rating||This property has been graded as 28 (B)|
Basingstoke is served by Junctions 6 & 7 on the M3 Motorway. Easy access is afforded to Heathrow, Gatwick and Southampton airports. Fast and frequent rail services run to the heart of London (Waterloo is 45 - 50 minutes travel time).
Sarum Hill is conveniently situated in the "upper town" area and serves as a link between Winchester Road and Worting Road. The pedestrianised section of the upper town is within a 200 metre walk. The railway station is a 10 minute walk northwards through the main Festival Place and The Malls shopping areas.
|Description||Sq ft||Sq m|
The subject property is a detached office building constructed in 1982 located on a self-contained site which is set back from the road frontage, with a landscaped area to the front elevation. The building is of rendered blockwork construction, with new UPVC replacement windows on all elevations, under a pitched tiled roof. Internally the office space is arranged over 4 sizeable open plan rooms arranged either side of the central lobby/stairwell, over the ground and first floors respectively. Areas are easily sub let if necessary in the future. Each floor benefits from both male and female WC facilities and kitchenettes. The gas boiler has been replaced recently and serves the entire property. The benefit of 18 car spaces can be offered within easy walking distance of the property. At present 8 of these spaces are licensed to other businesses, but these agreements expire towards the end of 2019. They may be renewed or relinquished.
Our client will let the property in its entirety on new lease terms to be agreed, or can sell the freehold interest with vacant possession. The rent for any new lease is to be £33,000 per annum, to include rental value attributed to the unusual number of allocated car spaces. Alternatively, the property could be purchased subject to a guide price of £425,000. We are informed that VAT would not apply to the sale.
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