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14 Wesley Walk Festival Place, Churchill Way, Basingstoke, RG21 7LT

Use Class

Use Class

E(a)

Size

Size

1,809 sq ft

Rent pa

Rent pa

£125,000

Market Sector

Market Sector

Shopping Centre

Description

Festival Place is Hampshire's leading regional shopping and leisure destination, located 5 minutes from junction 6 of the M3. The town centre is also home to some 50 European Business Headquarters with around 60,000 office workers.

Location

The premises are situated in a prime location opposite H&M Kids. Other retailers in the immediate vicinity include Debenhams, BHS, Top Shop, HMV and Animal.

Key Information

Viewing

Strictly by appointment.

Accommodation

1,809 Sq.Ft

Dimensions
Feet
Metres
Internal Width
21.65
6.6
Shop Depth
79.72
24.3
Areas
Sq.Ft
Sq.M
Ground Floor Area
1,809.36
168.1

Financial

Lease Type

New Lease

Lease Term

10 years

Rent

Rent is exclusive of rates, insurance and VAT (if applicable).

Rates

Transitional phasing may apply. We are verbally informed by the Local Rating Authority that the premises have been assessed for rating purposes as shown above. Interested parties are advised to make their own enquiries to the Local Authority.

Costs

Each party is responsible for their own legal and other professional costs incurred in the transaction.

Service Charge

£13,300

Tenure

Leasehold

Rates

Rateable Year:
2012
Rateable Value:
£95,500.00
Rates payable:
£41,351.00
UBR:
43.3p/£

This Property is Part of a Shopping Centre

Festival Place

Festival Place in Basingstoke comprises 1 million sq ft of retail and leisure space with over 150 retail and leisure units over two floors. Located on the M3 corridor, Basingstoke is an affluent town with a catchment of 1.3 million people. The centre is anchored by M&S, Next, Apple, H&M and a 10-screen Vue Cinema. Other key brands include Mango, TK Maxx, Sostrene Grene, Pandora, Pret A Manger, Cosy Club and Wagamama. Annual footfall increased again in 2025 to 19.3 million. Recent lettings include Mango, Superbowl, Popeyes and Hans Buffet.

GCWLM Real Estate

Disclaimer

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.

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