Basingstoke, Crown Heights - MBI Surveyors
15962
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Basingstoke, Crown Heights

Description

Former nursery in central location. Modern development. Existing lease of 15 years from 2015. A1/D1 planning.

Transaction

Size

Lease Assignment 2,136 sq ft

Rent

Surveyor

£19,000 pax Matt Brooks

THE OPPORTUNITY

  • A1 (retail) or D1 (medical) use
  • Lease available for assignment subject to landlord consent
  • 1 allocated car parking space
  • Nearby occupiers include Londis, Anytime Fitness, Medical Centre and Pharmacy
  • Close proximity to Festival Place and The Malls Shopping Centre
  • Footbridge linking the bus station and 2,800 car parking space provided in Festival Place
  • 2,136 sq ft (199 sq m) GIA
  • Unit to be taken as seen (outgoing tenant may consider a schedule of works)
  • Available immediately subject to Vacant Possession
  • Existing childrens’ nursery (same and similar use prohibited)
  • Located at ground floor beneath 288 apartments in a mixed use scheme with an additional 354 apartments in the adjacent Berkeley Homes Skyline Plaza development
  • Central location in Basingstoke
  • Current lease granted on a 15 year term from 2015 at a passing rent of £19,000 pax subject to 5 yearly reviews and inside the Security of Tenure and Compensation Provisions of the Landlord and Tenant Act 1954
  • Rateable Value £24,500 | UBR 49.1p/£ (estimated rates payable £12,029.50) – these figures should not be relied upon and are given as guidance, with further clarification and confirmation being sought from the Local Authority

KEY POINTS

  • 2,136 sq ft A1 and D1 space available by way of an Assignment of the Lease
  • 1 allocated car parking space included in the letting
  • Rent payable £19,000 pax with an unexpired term of c.10 years
  • Existing fit out in place with ability to handover in existing condition