Industrial for sale in Units 1-3 & 9-11 Templar Court, Knights Park Road, Basingstoke RG21

Key Points

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). The smaller units all have one allocated car space, and the larger units benefit from two allocated car parking spaces.

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.

Investment Summary

• Extremely rare Basingstoke multi-let freehold industrial investment
• Small 'starter' unit scheme (sub 1,000 sq ft) totalling 5,131 sq ft
• Built to a high specification around 2006 with generous eaves height of 7.1 m
• Asset management/strong reversion potential
• Total current income stream reflecting £78,400 pax
• 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
• 45 minute rail service to London Waterloo from Basingstoke station
• Units 1,2 and 3 let to Allscreens Nationwide Ltd who operate from 14 depots nationwide
• Brett Ruth Auto have been on the estate since (2013) and Nationwide Windscreens (Formally Direct Windscreens) since 2008
• Comprises an estate of 14 industrial units with B2 planning and slanted towards motor trade related tenants
• Additional management profit / income £2,417.88

Tenancy Schedule

Please see annexed.