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16 Mayfair House Festival Place, Churchill Way, Basingstoke, RG21 7LT
Use Class
E(a)
Size
1,103 sq ft
Rent pa
£92,500
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. Basingstoke has a catchment population of 850,000 within 30 minutes drive time of the centre (source: RCT) and footfall levels within Festival Place are over 20 million per annum. 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 adjacent to Holland & Barrett, close to Body Shop with Monsoon and Beaverbrooks all trading in the immediate vicinity. Festival Place is anchored by Debenhams, BHS and Marks & Spencer.
Key Information
Viewing
Strictly by appointment.
Accommodation
1,103 Sq.Ft
Financial
Lease Type
New Lease
Lease Term
10 years
Rent
Subject to contract, rental offers are invited in the region of £92500 per annum exclusive of rates, service charge, VAT (if applicable) and all other outgoings.
Rates
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. Tranitional phasing may apply.
Costs
Each party is responsible for their own legal and other professional costs incurred in the transaction.
Service Charge
£10,214
Tenure
Leasehold
Rates
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.
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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