| Property Type | Retail |
| Tenure | For Sale |
| Size | 2,712 sq ft |
| Price | £625,000 |
| Business Rates | To be reassessed |
| Energy Performance Rating | This property has been graded as C (75) |
The property comprises a former banking hall previously occupied by Royal Bank of Scotland. The premises comprise a striking building constructed during the mid to late 1980's. The current owners are planning to carry out a significant redevelopment to form 18 residential apartments. The accommodation offers a rare opportunity to acquire a significant retail unit which is suitable for a wide variety of retail uses. Rear loading/servicing is provided towards the rear of the property which leads out on to the rear car park and service yard. A new commercial refuse area will be created (separate to the residential).
Basingstoke is 45 miles to the southwest of London adjacent to Junctions 6 & 7 of the M3 Motorway. The M4 and Reading can be easily accessed via the A33. There is also a frequent rail service to London Waterloo, timetabled at 45 minutes. Basingstoke, with a Borough population of approximately 180,000, is a major centre for commerce and industry, having attracted several international and national companies, enjoying the benefits of a diverse range of leisure/recreational facilities and the highly acclaimed Festival Place shopping centre.
The property occupies a prominent position within the pedestrianised location fronting on to Winchester Street. Nearby occupiers include Jennings Bookmakers, Honey & Ghee, Gascoigne & Pees Estate Agents, Chancellors Estate Agents, The Alchemy Bar, and The Maidenhead Inn to name but a few.
Strictly by appointment via the sole agents.
The premises are offered on a virtual freehold (999 years peppercorn ground rent). Vacant possession provided upon completion of legal formalities.