BUSINESS PARK OFFICE BUILDING, WITH 52 CAR ... - BDT - UK.COM

BUSINESS PARK OFFICE BUILDING, WITH 52 CAR PARKING SPACES 13,911 sq ft (1,292 sq m) TO BE LET



UNITS 1-3 CEDARWOOD, CHINEHAM PARK, BASINGSTOKE, RG24 8WD

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Fully refurbished and refitted 7-8 years ago Large service core area with bespoke reception and ample toilet provision Originally 3 units, now fully integrated as a single building Suspended ceilings with LG compliant lighting Air conditioning cassettes, raised floors Business Park amenities, roadside prominence

Units 1-3 Cedarwood, Chineham Park, Basingstoke, RG24 8WD

LOCATION

Basingstoke lies approximately 45 miles south west of London and is served by junctions 6 & 7 of the M3 motorway, easy access is afforded to Heathrow, Gatwick and Southampton airports. Fast and frequent rail services run to the heart of London (Waterloo is 45-50 minutes travel time). The internal road system is highly efficient and the Festival Place Shopping Centre is regarded as one of the most successful retail developments in recent years. To view the approximate location go to www.multimap.com and type in postcode RG24 8WD.

DESCRIPTION

Chineham Park is home to a number of national and international companies, and lies approximately 2½ miles north of the town centre and M3 motorway junction, accessed via the Ringroad and the A33 trunkroad. It is widely thought of as one of North Hampshire’s foremost Business Park schemes. Units 1-3 Cedarwood are prominently positioned close to the centre of the Park, overlooking the central roundabout. Accommodation is arranged over 2 floors, principally fully fitted as open plan air conditioned offices, but on ground floor level there is provision of some low height production or storage space, a break-out area, comms rooms, demo room and extensive meeting rooms or training facilities. Amenities include air conditioning cassettes, raised floor (first floor), existing and good quality partitioning layout, extensive toilet facilities and suspended ceilings with LG compliant lighting. Natural light is excellent with windows on all elevations. A total of 52 parking spaces are available (at a ratio of 1:268 sq ft).

ACCOMMODATION

The total net internal floor area over the two floors is understood to be approximately 13,911 sq ft (1,292 sq m), subject to final measurement. Space is arranged fairly equally over the two floors.

LEASE

Available by way of an underlease until May/June 2017. Alternatively, a new headlease could be introduced directly from the landlord of Park, on terms to be agreed.

RENT

Further rental guidance is available upon application and discussions will be necessary with the Chineham Park landlord.

ENERGY RATING

The property has an energy rating of C (69).

RATES

The rateable value of the building is £168,000, which should result in rates payable between April 2015/16 of £82,824 (£5.95 per sq ft). However, interested parties are advised to make their own enquiries of the Council’s Rating department on 01256 844844.

VIEWING

Strictly by appointment through the sole agents:

e-mail: [email protected] Ref:RT/ss/ 1-3 Cedarwood (26.08.2015) Sales & Lettings • Acquisitions • Rent Reviews • Lease Renewals • Rating • Valuations • Development • Investment • Management 7 Faraday Office Park, Faraday Road, Basingstoke, Hampshire RG24 8QQ Misrepresentation Act 1967: The particulars contained in these details are believed to be correct, but they cannot be guaranteed and they are expressly excluded from any contract. Finance Act 1989: Unless otherwise stated, all prices and rents are quoted exclusive of Value Added Tax (V.A.T.). Any intending purchaser or lessees must satisfy themselves independently as to the incidence of V.A.T. in respect of any transaction.