£625,000
(£230.46/sq. ft)
Retail premises for saleGround Floor, 19-23 Winchester Street, Basingstoke RG21
2,712 sq. ft
EPC Rating: C
Freehold
About this property
Extensive frontage (15.6m)
Suitable for retail uses such as convenience store, world food supermarket etc
Rare purchase opportunity
Possibility of subdivision into say 2 retail units
Potential to install mezzanine (STPP and building regulations)
Description
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).
Location
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.
Viewings
Strictly by appointment via the sole agents.
Terms
The premises are offered on a virtual freehold (999 years peppercorn ground rent). Vacant possession provided upon completion of legal formalities.
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).
Location
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.
Viewings
Strictly by appointment via the sole agents.
Terms
The premises are offered on a virtual freehold (999 years peppercorn ground rent). Vacant possession provided upon completion of legal formalities.
Mortgage calculator
Monthly repayment
£3,126 per month
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