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Marketed by
42 Queen Annes's Walk Festival Place, Churchill Way, Basingstoke, RG21 7LT
Use Class
E(a)
Rent pa
£33,000
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 adjacent to River Island. Other nearby retailers include Apple, Butlers, Phase Eight, USC and French Connection. Festival Place is anchored by Debenhams, BHS and Marks & Spencer.
Accommodation
Financial
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.
Service Charge
The service charge estimate for the current financial year is £1,899.
Tenure
Leasehold - The premises are available on a new 15 year effectively full repairing and insuring lease to include 5 yearly upward only rent reviews.
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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