18 London Street, Basingstoke, RG21 7NT

  • Retail
  • 641 sq ft
  • To Let / For Sale
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No VAT
Property Type Retail
Tenure To Let / For Sale
Size 641 sq ft
Price £295,000
Rent £23,000 per annum
Business Rates Upon Enquiry
Rateable Value £14,750
Energy Performance Rating This property has been graded as C (65)

Town Centre Retail Premises suitable for Use 'Class E'

Key Features

  • New lease Terms
  • Centrally located 'top of town' in pedestrianised street
  • Suitable for a variety of uses
  • LED lighting
  • Well fitted
  • Previous use beauty therapy
  • No VAT
  • Rare purchase option

Description

18 London Street occupies a strong 'Top of Town' trading position. The premises comprise a well fitted retail unit with a staff area to the rear. The unit benefits from a kitchen and single wc. The premises are fitted to a modern specification, to include suspended ceiling, LED lighting and modern vinyl flooring.

Location

Basingstoke is a major centre for commence and industry with a borough population of approximately 185,000. The town is 45 miles to the south west of London and 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 is situated in a prominent trading position on the southern side of the pedestrianised London Street, one of the principal thoroughfares in the 'Top of the Town'. The premises are located within a short proximity of Market Place, with McDonalds, Zizzi's and several bars and restaurants located in the vicinity. Barclays and Natwest banks are also nearby. Festival Place is located within a short walk as are the town centre surface and multi-storey car parks.

Viewings

Strictly by appointment with the joint sole agents.

Terms

A new fully repairing and insuring lease is available for a new term to be agreed.

Legal Costs

Each party to bear their own legal costs incurred in any transaction.

Virtual Freehold

Our client will arrange for a new 999 year lease, subject to a ground rent of £200 per annum.