Royal Exchange, 20-22 London Road, Basingstoke, Hants RG21 7NY

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Royal Exchange, 20-22 London Road, Basingstoke, Hants RG21 7NY

Retail 4229 Sq ft For Sale Upon application

Key Points

•To Be Sold With Vacant Possession
•2 Bedroom Flat on the 2nd Floor
•Potential For Redevelopment STPP
 
Location

The subject property is located in the centre of Basingstoke on London Street next door to the Red Lion Hotel and in the vicinity of McDonalds, Barclays Bank, JD Wetherspoon.

Basingstoke Rail Station is under a 10-minute walk away which provides services to London Waterloo in under an hour. The Basingstoke junction for the M3 can be reached in under 5-minutes by car.

Description

The Royal Exchange is an attractive character property formed over 3 floors. The ground and 1st floor comprises open plan bar areas leading up to a well-appointed 2-bedroom flat on the 2nd floor. The Ground and 1st Floors are currently operated as a bar which holds a late license (4.30am Fri & Sat, 2am rest of the week).

The overall site sits on a plot of c. 5,400 sq. ft. and has potential for redevelopment (STPP).

Accommodation  

Available sq ft sq m
Ground floor bar 2,074 192.68
1st floor bar 1,410 130.99
Flat 745.40 69.25
Total 4,229.40 392.93

Price

Upon application

Business Rates

Rateable Value - £17,500

Rates Payable (23/24) - £8,732.50 per annum

EPC

TBC

Anti Money Laundering Policy

In accordance with Anti Money Laundering Regulations, the successful purchaser will be required to provide two forms of identification and confirmation of the source of funding.

Legal Costs

Each party to bear their own legal costs incurred in the transaction

Viewing

Strictly by appointment with the sole agents Owen Isherwood

Adam Fenney

Adam Fenney
Director
07983 204530
adam@owenisherwood.com

  • Investment
  • 4912 Sq ft
  • For Sale
  • Offers are invited in excess of £1.25 million subject to contract only. VAT may be payable on the sale

Modern Offices

  • Office
  • 430 Sq ft
  • To Let
  • £23 per sq ft pax
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