Under Offer
1 Chineham Shopping Centre, Basingstoke, RG24 8BQ
- Floor Area: 1,215 sq ft
Rent: Rent on application
- Service Charge: £6,921.43 per annum
- Business Rates Payable: £9,980 per annum
- Business Rates Note: 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
Key Points
- Located next door to Tesco's
- Large out-of-town shopping centre.
- Anchored by Tesco, Matalan, Boots, Costa, M&S, Poundland, Greggs.
- Excellent free customer car parking.
- With Mezzanine of 514 sq ft
Property Summary
Prominent Retail Opportunity in well-established out-of-town shopping centre
Description
Chineham Shopping Centre is located approximately 2 1/2 miles to the north east of Basingstoke town centre with a drive time of just 8 minutes from the train station. Basingstoke's local bus services run between Chineham and Basingstoke town centre approximately every 10 minutes and from the bus station in Festival Place to many destinations.
The centre is fully pedestrianised and is anchored by Tesco, Matalan and Boots. Other occupiers include M&S, Costa, Iceland, Greggs and Domino's. There are three large free customer car parks and a petrol filling station on-site.
The subject property comprises of a ground floor sales area, with staff toilets to the rear. The property also comprises first floor offices and staffroom/ kitchenette, comprising of 514 sq ft.
Location
Basingstoke is one of the principal commercial and retail centres in Hampshire and is located approximately 49 miles south west of London, 26 miles west of Guildford, 32 miles north of Southampton and 19 miles south of Reading. The town enjoys excellent road communications lying just 2.3 miles north of the M3 motorway (J6) and 15 miles south of the M4 motorway (J11), both of which connect to the M25 London Orbital motorway to the east.
The Basingstoke catchment population is one of the most affluent of the PROMIS
catchments. The total population of the Basingstoke primary catchment area is over 220,000 with an estimated shopping population of 208,000. Furthermore, the town is projected to see above-UK average growth in population.
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.
