Prime Town Centre Shop

Key Points

• Prominent Town Centre Location
• Wide Shopfront
• High Footfall Location

Description

The property occupies a prominent position at the entrance to Festival Place.

Offering a sales area of 1,853 sq ft, the property also benefits from a large basement, presently arranged to provide a staff room and male and female toilets.

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 thirtyminutes 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

The accommodation is available on the basis of a new FRI lease for a term to be agreed.