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Unit 5, Kensington House Churchill Way, Basingstoke, RG21 7LT
Use Class
E
Size
1,252 sq ft
Rent pa
£35,000
Description
Subject to vacant possession.
Festival Place is Basingstoke’s prime retail and leisure destination. The centre comprises over 1 million sq ft and is anchored by Marks and Spencer, Next and a 10 screen Vue Cinema. Key Occupiers within the scheme include Pandora, Sports Direct, Pret a Manger and Cosy Club.
Unit 5 is located next to Kokoro and opposite Iceland.
Key Information
Further Infomation
Terms & Conditions
Lunson Mitchenall are obliged to verify the identity of proposed purchasers / tenants once a sale / letting has been agreed. An AML form will need to be completed by proposed purchasers / tenants once Heads of Terms have been agreed.
Accommodation
1,252 Sq.Ft
The unit is arranged on ground floor and basement and provides the following approximate dimensions and net internal floor areas:-
Financial
Lease Type
New Lease
Lease Term
The unit is available by way of a new effectively full repairing and insuring lease, for a term to be agreed, subject to 5 yearly upward only rent reviews.
Rent
£35,000 pax.
Costs
Each party is to be responsible for their own legal costs.
Service Charge
The estimated annual service charge for 2024 is £12,777 pa.
Terms & Conditions
Lunson Mitchenall are obliged to verify the identity of proposed purchasers / tenants once a sale / letting has been agreed. An AML form will need to be completed by proposed purchasers / tenants once Heads of Terms have been agreed.
Vat
References to price, premium or rent are deemed to be exclusive of value added tax unless expressly stated otherwise and any offer received will be deemed to be exclusive of VAT.
Business Rates
Rateable Value 2024 £20,000 UBR 2024/25: 49.9p Rates payable 2024/25: £9,980 pa Interested parties are advised to make their own enquiries with the Local Authority.
Rates
Sustainability
A certificate is available on request.
This unit is part of Festival Place
Festival Place
Festival Place in Basingstoke comprises 1 million sq ft of retail and leisure space. The centre is anchored by a new 50,000 sq ft Next, Apple, H&M, Vue Cinema and Marks and Spencers. The centre has undergone an exciting refurbishment programme designed to modernise the centre, and create a more inspiring shopping and dining experience. The footfall has grown from 18 million to 22.4 million per annum. Recent lettings include BrewDog and Five Guys.
Misrepresentation Notice
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.
All data ©2024 Completely Property Technology Limited
This was last updated on 15/10/2024