prime retail unit to let - Realla

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PRIME RETAIL UNIT TO LET

16 CHURCH STREET, BASINGSTOKE, HAMPSHIRE, RG21 7QH

 New lease available from July 2016  Prime location adjacent to Festival Place  Superbly fitted including mahogany shop front and security shutters  1 car parking space behind  A1 retail use - alternative uses considered (subject to planning)

16 Church Street, Basingstoke, Hampshire, RG21 7QH

LOCATION

The premises are situated in a prime trading position towards the bottom of Church Street, directly adjacent to one of the main Festival Place Shopping Centre entrances leading to the “Top-of-Town” via Queen Anne’s Square. Nearby occupiers include Wimpy, Zip Yard, Nicola’s Florist, Naomi House, Winkworths Estate Agents and various other independent and national retailers. The mainline Basingstoke Railway Station is within a 5 minute walk which provides a fast and frequent direct service into the heart of London (Waterloo timetabled at approx. 45 minutes). Junction 6 of the M3 motorway is approx.. 1.5 miles distant. Basingstoke is a major commercial centre with a catchment population of approx. 150,000.

DESCRIPTION

The subject premises comprise a ground floor shop with yard/parking to the rear accessed from New Street via Joyces Yard and Haymarket Yard. The premises are essentially divided into mainly a retail area with a room behind devoted to watch and jewellery repairs. There is a single wc and secure stockroom and kitchen which leads out into the rear yard at the back. The accommodation comprises a well fitted retail unit including a mahogany shop front and window displays (installed 2009), security shutter and chubb security alarm and various glass counters and display units. The business currently employs 4 members of staff.

TERMS

A new lease is available directly from the landlord from July 2016 at a rent of £18,500 per annum exclusive on terms to be agreed, subject to contract.

BUSINESS RATES

Rateable Value Uniform Business Rate (2016/17) Rates Payable (approx.)

£15,500 48.2p/£ £7,471

Interested parties are advised to check with Basingstoke & Deane Borough Council .

LEGAL COSTS

Both sides legal costs are to be paid by the acquiring party

ENERGY PERFORMANCE RATING

VIEWING

STRICTLY ACCOMPANIED AND BY PRIOR APPOINTMENT VIA THE SOLE AGENTS.

RUSSELL WARE LONDON CLANCY 01256 462222 [email protected]

Misrepresentation Act 1967 – London Clancy for themselves and for the vendors/lessors of this property whose agents they are, give notice that: a) These particulars are set out as a general outline only for the guidance of intending purchasers/lessees and do not constitute part of an offer or contract. b) All descriptions, dimensions, references to condition and necessary permissions for use and other details are given in good faith and are believed to be correct, but any intending purchaser or lessee should not rely on them as statements or representations of fact but satisfy themselves by inspection or otherwise as to the correctness of teach of tem. c) We have not tested any of the service installations and any purchaser/lessee must satisfy themselves independently as to the state and condition of such items. d) No person in the employment of London Clancy has any authority to make or give any representations or warranties whatsoever in relation to this property. Finance Act 1989 – Unless otherwise stated, all prices and rents are quoted exclusive of Value Added Tax. Any intending purchaser or lessee must satisfy themselves independently as to the incidence of VAT in respect of any transaction B/579/R