Unit 9, Chelsea House, Festival Place
Town Centre, Basingstoke, RG21 7JR
| Property Type | Retail |
| Tenure | To Let |
| Size | 1,808 sq ft |
| Business Rates | £9,730.50 per annum Applicants may be eligible for a 75% Business Rates discount for the period 1st April 2024 to 31st March 2025 under the Retail, hospitality, and leisure relief. This is up to a cap of £110,000. To check if you are eligible, and for additional queries, it is advised to speak with the relevant council |
| Service Charge | £14,529.74 per annum |
| Energy Performance Rating | Upon enquiry |
Prominent retail premises, within Festival Place Shopping Centre
Key Points
- Prominently located on Queen Annes Square
- Ground and first floor premises
- High footfall location
- Neighbouring occupiers include, Chi, Kokoro, Cafe Giardino, Burger King
Description
The accommodation occupies a prominent position within Queen Anne's Square amongst a range of F&B operators and retailers. The unit includes a ground and first-floor retail premises.
Available area
The accommodation comprises the following areas:
| Name | sq ft | sq m |
|---|---|---|
| Ground | 911 | 84.63 |
| 1st | 747 | 69.40 |
| Total | 1,658 | 154.03 |
Location
Basingstoke is a major centre for commerce and industry with a borough population of approximately 150,000. The Town is 45 miles to the south west of London adjacent to Junctions 6 & 7 of the M3 Motorway. There is also a frequent rail service to London Waterloo, timetabled at 45 minutes.
Festival Place is the pre-eminent shopping and leisure destination in North Hampshire, boasting a strong footfall, an affluent catchment and an appealing tenant mix. The one million sq. ft. retail and leisure destination is anchored by Next and Marks & Spencer. The centre has a strong restaurant and leisure offering, with Vue cinemas, Ask Italian, Wagammas, Cote Brasserie and Five Guys to name a few.
Benefitting from a catchment of 1.3 million people, with 1.7 million people within thirty-minutes drive time, and 11,500 office workers within half a mile, Festival Place is the hub of Basingstoke town centre.
The subject property is located at the Wote Street entrance of Festival Place. Wote Street is generally accepted as the best retail position within the upper town centre, linking Festival Place shopping centre to Market Place and the Old Town.
Terms
A new lease to be granted for a term to be agreed, subject to periodic rent reviews, and to be contracted outside of the Security of Tenure and Compensation provisions of the Landlord and Tenant Act 1954, part II (as amended).
Anti Money Laundering
To comply with Anti Money Laundering regulations, Curchod & Co undertake ID checks for all successful purchasers and tenants where legislation requires us to do so.
Viewing & Further Information
For further information, or if you would like to arrange a viewing, please contact our agents: