Office for sale in Dame Mary Fagan House, Lutyens Close, Basingstoke RG24
* Calls to this number will be recorded for quality, compliance and training purposes.
Property description
Key Points
Description
Dame Mary Fagan House is located on an approximate 3.26 acre site and comprises of a Modern Office Building with 209 car parking spaces (approximately 1:209 sq ft net ratio). The property is located from level 0 to level 3, with the breakdown of the sizes of each level stated in the accommodation section.
The Freehold of Dame Mary Fagan House is available for sale, or alternatively, the remaining vacant office suites are available to let.
Location
Basingstoke is North Hampshire’s principle commercial centre, supporting a borough population of 180,000 people. Communications are vital to the continuing growth of the town, with excellent links to the national rail network via a highly efficient internal ring road system and with fast direct rail services to London Waterloo (45 minutes).
The subject property is located two miles north-east of Basingstoke town centre, which benefits from excellent amenities including the well established Festival Place Shopping Centre.
Viewings
All viewings are to be arranged in advance with Curchod & Co.
Tenancy Information
The current tenancies at the subject property are as set out below:
Cdw Limited currently occupy part of Level 3 Dame Mary Fagan House (with an approximate area of 5,328 sq ft) on a 10-year lease from 1st February 2019 at an annual rent of £102,953 + VAT. There is an upwards only rent review at expiry of the 5th Year of the Term, the Tenant may determine this Lease on the date of expiry of the 3rd and 6th years of the Term subject to complying with specific conditions. It is understood that the lease is inside the security of tenure provisions within the Landlord and Tenant Act 1954.
Hampshire and Kent Commercial Services llp (Trading as Connect2Hampshire) currently occupy the South Wing Level 3 Dame Mary Fagan House (within an approximate area of 2,664 sq ft) on a 10-year lease from 1st April 2019 and pay an inclusive rent of £62,500 per annum + VAT which is reviewed annually in line with cpi. There is a break clause which either party may determine on the 6th anniversary of the lease subject to meeting the required break option conditions.
The nhs occupy part of the subject property on a licence basis. Further information on this is to be confirmed.
Curchod & Co can provide full lease documentation upon request.
Subject To Contract
Subject to contract.
Property info
Vertex Plan 01.pdf View original
View Floorplan 1(Opens in a new window)
Vertex Plan 02.pdf View original
View Floorplan 2(Opens in a new window)
Vertex Plan 03.pdf View original
View Floorplan 3(Opens in a new window)
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
London Clancy, RG21 on +44 1256 700043 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by London Clancy, and do not constitute property particulars. Please contact London Clancy for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.