5 Kensington House Festival Place, Churchill Way, Basingstoke, RG21 7LT

Use Class

Use Class

E

Size

Size

353 - 899 sq ft

Rent pa

Rent pa

£45,000

Market Sector

Market Sector

Retail & Shopping Park

Location

Basingstoke is an affluent commuter town, with a shopping catchment of 221,000. Festival Place is the heart of Basingstoke, dominating the retail and leisure provision, welcoming c.19m visitors annually. The centre is anchored by M&S, Apple, Next, JD Sports, Sports Direct and Tesco. Alongside a strong leisure offering including Vue, Wagamama, Nando’s and Cosy Club.

Accommodation

353 - 899 Sq.Ft

Approximate net internal areas:

Areas
Sq.Ft
Sq.M
Ground Floor
899
83.52
Basement
353
32.95

Additional Contacts

Asset Managers

Sovereign Centros logo

Sovereign Centros

Financial

Lease Term

The property is available for a term to be agreed.

Rent

£45,000 pax.

Insurance

£482

Costs

Each party to be responsible for their own costs.

Service Charge

The approximate annual service charge is £12,569 pa.

Business Rates

Rateable Value: £23,750 UBR (2026): 49.9p Interested parties are advised to make their own enquiries with the Local Authority on 01256 845276.

Rates

Rateable Year:
2025
Rateable Value:
£20,000.00
Rates payable:
£9,980.00
UBR:
49.9p/£

Sustainability

Band D. Report available on request.

This Property is Part of a Retail & Shopping Park

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

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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