Property photos
From
£55,000 pa
(£11.28/sq. ft. pa)
Retail premises to let
2 Winchester Street, Basingstoke RG21From 4,876 - 7,137 sq. ft
Local area information
Property location
Nearby amenities
- Overton Church of England Primary School 0.5 miles
- Overton 0.8 miles
- Whitchurch Church of England Primary School 3.2 miles
- Whitchurch (Hampshire) 3.3 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- New lease, nil premium
- Substantial Ground Floor & Basement, previously trading as Vault Restaurant & Bar
- Rear access and goods delivery
- New Lease Terms
- Rear Yard/Servicing Area
- Planning permission secured for rear terrace and seating
Description
The property comprises a former restaurant/bar. The three storey period building is constructed of brick with timber sash windows under a pitched tile roof with dormer windows, and was sympathetically restored around 2022. The previous Tenant has invested heavily to create a fine dining experience, which included kitchens on the ground and first floor, and bar areas in the basement, ground floor and first floor. WCs are located on all three floors.
Location
Basingstoke is 45 miles to the southwest of London adjacent to Junctions 6 & 7 of the M3 Motorway. The M4 and Reading can be easily accessed via the A33. There is also a frequent rail service to London Waterloo, timetabled at 45 minutes. Basingstoke, with a Borough population of approximately 180,000, is a major centre for commerce and industry, having attracted several international and national companies, enjoying the benefits of a diverse range of leisure/recreational facilities and the highly acclaimed Festival Place shopping centre.
The property occupies a prominent corner position, within a pedestrianised location fronting onto Winchester Street, Market Place and Church Street in Basingstoke’s ‘Old Town’. The ‘Old Town’ is a secondary retailing pitch popular with A2 ad A3 occupiers. Nearby occupiers include Zizzi’s, McDondald’s, Wetherspoons, Poppins, Leightons Opticians, Barclays Bank to name but a few. The Willis Museum and Art Gallery is diagonally opposite the property.
Terms
Option 1: Leasehold – Ground Floor and Basement
The ground floor and basement are available on a new effective fully repairing and insuring lease for a period term to be agreed.
Rent: £55,000 per annum exclusive rising to £65,000 per annum exclusive in the 5th year.
Option 2: Leasehold – Entire Building
The entire building is available to let on a new Full repairing and insuring lease for a term by arrangement.
The rent is £85,000 per annum exclusive.
Rent Free Period
Three months from completion of the lease or occupation whichever is the earlier.
Tenant's Deposit
The equivalent to six month's rent plus VAT (i.e. £51,000)
Availability
Immediately on completion of legal formalities.
The property comprises a former restaurant/bar. The three storey period building is constructed of brick with timber sash windows under a pitched tile roof with dormer windows, and was sympathetically restored around 2022. The previous Tenant has invested heavily to create a fine dining experience, which included kitchens on the ground and first floor, and bar areas in the basement, ground floor and first floor. WCs are located on all three floors.
Location
Basingstoke is 45 miles to the southwest of London adjacent to Junctions 6 & 7 of the M3 Motorway. The M4 and Reading can be easily accessed via the A33. There is also a frequent rail service to London Waterloo, timetabled at 45 minutes. Basingstoke, with a Borough population of approximately 180,000, is a major centre for commerce and industry, having attracted several international and national companies, enjoying the benefits of a diverse range of leisure/recreational facilities and the highly acclaimed Festival Place shopping centre.
The property occupies a prominent corner position, within a pedestrianised location fronting onto Winchester Street, Market Place and Church Street in Basingstoke’s ‘Old Town’. The ‘Old Town’ is a secondary retailing pitch popular with A2 ad A3 occupiers. Nearby occupiers include Zizzi’s, McDondald’s, Wetherspoons, Poppins, Leightons Opticians, Barclays Bank to name but a few. The Willis Museum and Art Gallery is diagonally opposite the property.
Terms
Option 1: Leasehold – Ground Floor and Basement
The ground floor and basement are available on a new effective fully repairing and insuring lease for a period term to be agreed.
Rent: £55,000 per annum exclusive rising to £65,000 per annum exclusive in the 5th year.
Option 2: Leasehold – Entire Building
The entire building is available to let on a new Full repairing and insuring lease for a term by arrangement.
The rent is £85,000 per annum exclusive.
Rent Free Period
Three months from completion of the lease or occupation whichever is the earlier.
Tenant's Deposit
The equivalent to six month's rent plus VAT (i.e. £51,000)
Availability
Immediately on completion of legal formalities.
Floor plans and tours
Floor plans (3)
3 floor plans available
View the floor plans to understand the space and layout of this property.
More information
Listed by
Baker Davidson Thomas
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