Opportunity to acquire a modern, detached office building just a short walk from Basingstoke town centre. Recently refurbished throughout to a high standard, this self-contained property is available on a long leasehold basis and features a mezzanine at the front of the unit. The site benefits from a generous front yard, providing parking for up to 23 cars and a dedicated outdoor seating area - ideal for staff and visitors.
- Ref: 2078010
- Tenure: Freehold
- Types: Industrial Investment, Office, Office Investment, Industrial/Warehouse/Logistics
- Size: 5,540 sq ft
- Freehold: £650,000 for the long leasehold
- EPC: A
Key Features
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Full refurbishment in 2023
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Passing rental income of £58,194 per annum
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Reversionary income of £79,155 upon being fully let
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Building consists of 4 suites, with Kitchens & WC's
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Yard with 23 Parking Spaces
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High quality WCs & kitchens, including all white goods
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WAULT of 3.7 years
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Low capital value of £117 per sq ft
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EPC A
Location
5 Cartel Business Centre, Stroudley Road, Basingstoke, South East, RG24
Located on the Daneshill Estate, adjacent to Wade Road, The Cartel Business Centre offers excellent connectivity. It's just 1.5 miles from Junction 6 of the M3 via Basingstoke's Ringway system, with regular bus links to the town centre and Chineham Shopping Centre within walking distance.
