Property Information
Address:
Festival Place, New Market Square, Basingstoke
, RG21 7BE
Price: Rent: £22,500 to £170,000 Per Annum
Size: 24 to 318 sqm
Primary Category: Shop
All Categories:
Shop,
Property Ref/Movehut: MH360013
Property Ref/Agent: Festival Place New Market Square Basingstoke, RG21 7BE
*Please use the agent ref when calling the agent directly.
Property description
Property type:Retail
Sub type:-
Status:Existing , Renov 2002
Year built:1968
Building size:845,970 sq ft
Smallest space:267 sq ft
Largest space:3,432 sq ft
Total space:28,750 sq ft
Rent£22,500 - £170,000 pa
Parking:2500 Covered spaces are available; Ratio of 2.96/1,000 SF
Anchor tenants:BHS, Debenhams Retail Plc, Gap UK Ltd, H & M, Marks and Spencers, Next, Sports Direct, Tiger Retail Limited Features:Air Conditioning, Food Court, On Site Management, Restaurant, Security System, Storage Space
GROUND FLOOR
Main sales:1,329 sq ft
Other sales:-
Ancillary space:771 sq ft
Rent (pa)£118,500
Rates£44,103.00 Per Annum
Service charge:Not Quoting
Tenure:Leasehold
Possession:Negotiable
Term:Thru Jan 2018
Space notes:
The available space comprises basement, ground and first floor retail space.
Available on an assignment of a lease to expire 16 January 2018. The rent is £118,500 pa. A premium is sought, offers invited for
the leasehold interest.
GROUND FLOOR
Main sales:267 sq ft
Other sales:-
Ancillary space:30 sq ft
Rent (pa)£33,000
Rates£8,550.00 Per Annum
Service charge£2,000.00 Not Quoting
Tenure:Leasehold
Possession:-
Term:Thru Sep 2017
Space notes:
The available space comprises retail space with sales and storage space to the ground floor.
An assignment of an lease for a duration of 15 years expiring in 29/09/2017.
Subject to a rent review on: 07/04/2007.
GROUND FLOOR
Main sales:267 sq ft
Other sales:-
Ancillary space:30 sq ft
Rent (pa)£35,000
Rates£9,158.00 Per Annum
Service charge£1,959.00 Not Quoting
Tenure:Leasehold
Possession:-
Term:Thru Sep 2017
Festival Place 25 Mayfair House,
Main sales:1,329 sq ft
Other sales:-
Ancillary space:771 sq ft
Rent (pa):£118,500
Rates:£44,103.00 Per Annum
Service charge:Not Quoting
Tenure:Leasehold
Possession:Negotiable
Term:Thru Jan 2018
Festival Place New Market Sq,
Main sales:267 sq ft
Other sales:-
Ancillary space:30 sq ft
Rent (pa):£33,000
Rates:£8,550.00 Per Annum
Service charge:£2,000.00 Not Quoting
Tenure:Leasehold
Possession:-
Term:Thru Sep 2017
Festival Place Queens Anne's Walk
Main sales:267 sq ft
Other sales:-
Ancillary space:30 sq ft
Rent (pa):£35,000
Rates:£9,158.00 Per Annum
Service charge:£1,959.00 Not Quoting
Tenure:Leasehold
Possession:-
Term:Thru Sep 2017
Space notes:
The unit is situated in a prime position at Queen Anne’s Walk on the upper level of the shopping centre and is in close proximity to River Island, USC, Starbucks, La Senza, Paperchase, Jones, Phase Eight. A street traders plan is found on the reverse of these particulars.
The property comprises an extensive shopping centre of approximately 840,000 sq ft. Festival place was constructed in the 1960s and renovated in 2002. It contains a multi-storey car park with a capacity of 2,500. It houses over 200 shops including stores such as BHS, Debenhams, Marks & Spencers and Apple Store.
The property is located off Festival Way with frontages onto Church Street and Churchill Way. The property is situated within close proximity to junction 6 of the M3 and is Hampshire’s leading regional shopping and leisure destination. The town centre is also home to over 50 European Business Headquarters employing around 60,000 office workers.
Sale Notes:
The available space comprises ground floor retail unit with kitchen area, storage space and mezzanine storage.
A premium of £25,000 for the leasehold interest and will include fixtures, fittings equipment.
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