Prominent Retail Opportunity in well-established out-of-town shopping centre

Key Points

• Large out-of-town shopping centre.
• Anchored by Tesco, Matalan, Boots, Costa, M&S, Poundland, Greggs.
• Well fitted/presented.
• Excellent free customer car parking.

Description

Chineham Shopping Centre is located approximately 2 1/2 miles to the north east of Basingstoke town centre with a drive time of just 8 minutes from the train station. Basingstoke's local bus services run between Chineham and Basingstoke town centre approximately every 10 minutes and from the bus station in Festival Place to many destinations.

The centre is fully pedestrianised and is anchored by Tesco, Matalan and Boots. Other occupiers include M&S, Costa, Iceland, Greggs and Domino's. There are three large free customer car parks and a petrol filling station on-site.

Location

Basingstoke is one of the principal commercial and retail centres in Hampshire and is located approximately 49 miles south west of London, 26 miles west of Guildford, 32 miles north of Southampton and 19 miles south of Reading. The town enjoys excellent road communications lying just 2.3 miles north of the M3 motorway (J6) and 15 miles south of the M4 motorway (J11), both of which connect to the M25 London Orbital motorway to the east.

The Basingstoke catchment population is one of the most affluent of the PROMIS catchments. The total population of the Basingstoke primary catchment area is over 220,000 with an estimated shopping population of 208,000. Furthermore, the town is projected to see above UK average growth in population.