Property photos
Freehold
Fixed price
£675,000
(£850.13/sq. ft)
Industrial for sale
Units 1, 2 & 3 Templar Court, Knights Park Road, Basingstoke RG21From 794 - 2,425 sq. ft
Local area information
Property location
Nearby amenities
- Oakridge Infant School 0.5 miles
- Oakridge Junior School 0.5 miles
- Basingstoke 0.7 miles
- Bramley (Hampshire) 4.5 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Basingstoke to find out more about the local area.
Features and description
- Freehold
- Sipp / Private Investor Purchase
- All 3 units let to Allscreens Nationwide Ltd at £40,500 pax
- Lease expiry August 2029
- Comprising 3 modern industrial units from 794 sq ft to 816 sq ft
- Extremely rare freehold small 'starter' unit scheme
- Modern construction built around 2006
Description
The scheme was constructed around 2006 and was conceived to provide small start-up units for the Basingstoke industrial market with the added benefit of B2 planning consent, which permits motor trade related uses.
The development was designed to form two terraces with parking and loading. The premises were built to a high specification with extremely good eaves height of 7.1 m (max). Each unit benefits from one allocated car space (3 in total).
Location
Basingstoke is a major centre for commerce and industry with a borough population of approximately 180,000. The Town is 45 miles to the southwest 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.
Templar Court is positioned at the end of Knights Park Road off the Houndmills Roundabout. The Houndmills Estate itself lies immediately to the north west of the town centre and railway station, and offers easy links to Ringway North and Ringway West. Bus routes also serve the estate and it is within walking distance from the town centre. Junction 6 of the M3 motorway is within easy direct access.
Viewings
For further information strictly through appointment through the sole agents.
Terms
Units 1,2 & 3 are let under one Fri lease to Allscreens Nationwide Ltd for a term of 6 years from 29th August 2023, subject to a tenant only break clause on 28th August 2029 at an initial rent of £40,500 pax. The lease is subject to tenant only break clause on 28th August 2026 and an upward only rent review on 29th August 2026. The lease was contracted outside of the Security of Tenure and Compensation provisions of the Landlord & Tenant Act 1954 part II as amended.
Allscreens now have a staff of over 200 and The premises are leased for a term of 6 years from 29th August 2023, subject to a tenant only break clause on 28th August 2026. The lease is drawn on a fully repairing and insuring basis.
Investment Summary
• Allscreens Nationwide Ltd acquired the business of First Direct Windscreens Ltd who originally took the lease on Units 1 & 2 in 2009 (and
expanded into Unit 3 in 2023).
• Units 2 & 3 have been knocked through with a single personnel door
• Extremely rare Basingstoke freehold industrial investment
• Ideal sipp purchase / private investor purchase
• Built to a high specification around 2006 with generous eaves height of 7.1 m
• Lease expiry 28th August 2029 (Subject to a tenant break in August 2026)
• Basingstoke is 45 miles to the south west of London served by Junctions 6 and 7 of the M3 motorway, which are both within easy access
• Within walking distance from the town centre
• Comprises an estate of 14 units with B2 planning
• Additional management admin profit income
Tenant
Allscreens Nationwide Ltd have over 200 staff and group sales of over £22 million operate from over 40 locations nationwide. Allscreens purchased the business of First Direct Windscreens Ltd which was a well established windscreen company, who originally took the lease at Templar Court in 2009.
The scheme was constructed around 2006 and was conceived to provide small start-up units for the Basingstoke industrial market with the added benefit of B2 planning consent, which permits motor trade related uses.
The development was designed to form two terraces with parking and loading. The premises were built to a high specification with extremely good eaves height of 7.1 m (max). Each unit benefits from one allocated car space (3 in total).
Location
Basingstoke is a major centre for commerce and industry with a borough population of approximately 180,000. The Town is 45 miles to the southwest 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.
Templar Court is positioned at the end of Knights Park Road off the Houndmills Roundabout. The Houndmills Estate itself lies immediately to the north west of the town centre and railway station, and offers easy links to Ringway North and Ringway West. Bus routes also serve the estate and it is within walking distance from the town centre. Junction 6 of the M3 motorway is within easy direct access.
Viewings
For further information strictly through appointment through the sole agents.
Terms
Units 1,2 & 3 are let under one Fri lease to Allscreens Nationwide Ltd for a term of 6 years from 29th August 2023, subject to a tenant only break clause on 28th August 2029 at an initial rent of £40,500 pax. The lease is subject to tenant only break clause on 28th August 2026 and an upward only rent review on 29th August 2026. The lease was contracted outside of the Security of Tenure and Compensation provisions of the Landlord & Tenant Act 1954 part II as amended.
Allscreens now have a staff of over 200 and The premises are leased for a term of 6 years from 29th August 2023, subject to a tenant only break clause on 28th August 2026. The lease is drawn on a fully repairing and insuring basis.
Investment Summary
• Allscreens Nationwide Ltd acquired the business of First Direct Windscreens Ltd who originally took the lease on Units 1 & 2 in 2009 (and
expanded into Unit 3 in 2023).
• Units 2 & 3 have been knocked through with a single personnel door
• Extremely rare Basingstoke freehold industrial investment
• Ideal sipp purchase / private investor purchase
• Built to a high specification around 2006 with generous eaves height of 7.1 m
• Lease expiry 28th August 2029 (Subject to a tenant break in August 2026)
• Basingstoke is 45 miles to the south west of London served by Junctions 6 and 7 of the M3 motorway, which are both within easy access
• Within walking distance from the town centre
• Comprises an estate of 14 units with B2 planning
• Additional management admin profit income
Tenant
Allscreens Nationwide Ltd have over 200 staff and group sales of over £22 million operate from over 40 locations nationwide. Allscreens purchased the business of First Direct Windscreens Ltd which was a well established windscreen company, who originally took the lease at Templar Court in 2009.
More information
Listed by
Baker Davidson Thomas
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