4 Cartel Business Centre, Stroudley Road, Basingstoke, RG24 8FW

  • Office / Investment / Development
  • 5,291 sq ft
  • For Sale
4 Cartel Business Centre, Basingstoke, Office / Investment / Development For Sale - IMGP5087.JPG
4 Cartel Business Centre, Basingstoke, Office / Investment / Development For Sale - IMGP5092.JPG
4 Cartel Business Centre, Basingstoke, Office / Investment / Development For Sale - IMGP5091.JPG
SOLD
Property Type Office / Investment / Development
Tenure For Sale
Size 5,291 sq ft
Price Price on application
Business Rates Upon Enquiry
Service Charge n/a
Energy Performance Rating This property has been graded as D (80)

Office Investment - For Sale

Key Features

  • Lease to expire April 2030 with a break in 2025
  • Net rent £51,000
  • Initial yield of 8% after costs
  • 89 year unexpired ground lease

Description

The property comprises a 2 storey detached building and is part of a development of 5 similar style units. The premises is open plan in construction, but has been divided to provide some individual room. It is set out on ground and 1st floor and benefits from suspended ceilings, raised floors, carpets and air-conditioning. Externally, there is parking for 16 cars. Part of the ground floor is used as a lab/storage space which is accessed separately from its own loading door 2.9 m (w) x 2.7 (h). The accommodation has the following net internal areas:

Location

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 is situated on the Daneshill Industrial Estate, immediately off Wade Road. It is therefore easily accessible to the Ringway and also to the Chineham Shopping Centre.