| Property Type | Industrial / Investment / Development |
| Tenure | For Sale |
| Size | 894 to 1,812 sq ft |
| Price | £250,000 for each unit |
| Business Rates | £10,500 - £10,750 |
| Energy Performance Rating | Upon enquiry |
The scheme was constructed around 2006 and was conceived to provide small start-up units for the Basingstoke industrial market with the added benefit of B2 planning consent, which permits motor trade related uses.
The development was designed to form two terraces with parking and loading. The premises were built to a high specification with extremely good eaves height of 7.1 m (max). Each of the units benefit from 2 allocated car parking spaces (6 in total).
The accommodation comprises the following gross internal areas:
| Name | sq ft | sq m | Availability |
|---|---|---|---|
| Unit - 9 | 918 | 85.28 | Available |
| Unit - 10 | 894 | 83.06 | Available |
| Total | 1,812 | 168.34 |
Basingstoke is a major centre for commerce and industry with a borough population of approximately 180,000. The Town is 45 miles to the southwest 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.
Templar Court is positioned at the end of Knights Park Road off the Houndmills Roundabout. The Houndmills Estate itself lies immediately to the north west of the town centre and railway station, and offers easy links to Ringway North and Ringway West. Bus routes also serve the estate and it is within walking distance from the town centre. Junction 6 of the M3 motorway is within easy direct access.
For further information strictly through appointment through the sole agents.
Units 9 and 10 are let on individual leases as follows:
Unit 9 is let to Brett Ruth Auto Ltd for a new term of 6 years from 1st June 2021 expiring on 31st May 2027 at a current rent of £12,000 pax. The lease was subject to a tenant only break clause on 31st May 2024 (not exercised). The lease also makes provision for an upward only rent review on 1st June 2024, which is unacted. The lease was contracted outside the Security of Tenure and Compensation Provisions of the Landlord & Tenant Act 1954 part II as amended.
Unit 10 is let to Brett Ruth Auto Ltd for a term renewed on 14th March 2025, expiring 13th March 2031 at a current rent of £16,000 pax. The lease was contracted outside of the Security of Tenure and Compensation Provisions of the Landlord & Tenant Act 1954 part II as amended. The lease is subject to a 3 year Tenant break clause and upward only open market rent review (13th March 2028). The Tenant paid a 3 months rent deposit when taking on the lease (reflecting £2,200) plus equivalent VAT.
• Each unit is available as 'individual' lots.
• Tenant recently renewed lease on Unit 10 (14th March 2025) reflecting a significant increase to £16,000 pax.
• Brett Ruth Auto Ltd are held under 2 separate leases and have invested significant capex by installing an MOT bay into Unit 9.
• Brett Ruth Auto have been in occupation since (2013)
• Extremely rare freehold industrial investment
• Ideal SIPP / private investor purchase
• Templar Court comprises a small unit scheme (14 units sub 1,000 sq ft) with B2 planning.
• Built to a high specification around 2006 with generous eaves height of 7.1 m
• Asset management / reversion potential
• Basingstoke is 45 miles to the south west of London served by Junctions 6 and 7 of the M3 motorway, which are both within easy access
• Within walking distance from the town centre
• Additional management / admin profit income