Unit 5, Kensington House Churchill Way, Basingstoke, RG21 7LT

To Let
Unit 5, Kensington House, Festival Place, Basingstoke - Picture 2024-10-15-11-50-51
Use Class

Use Class

E

Size

Size

1,252 sq ft

Rent pa

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:-

Areas
Sq.Ft
Sq.M
Ground Floor
899
83.5
Basement
353
32.8

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

Rateable Year:
2024
Rateable Value:
£20,000.00
Rates payable:
£9,980.00
UBR:
49.9p/£

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.

Lunson MitchenallGCW

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