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

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

Investment 5390 Sq ft For Sale Upon application

Key Points

•To Be Sold With Vacant Possession
•2 Bedroom Flat on the 2nd Floor
•Includes Large Town Centre Plot With Two Additional Properties
•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.

To the rear there are two additional buildings which previously formed part of the ground and 1st floor bar areas but have been sectioned off and are currently vacant. The facades of the buildings to the rear are Grade II Listed. There is also a 1 bed flat on the 2nd floor.    

Also includes a 2-bedroom flat on the 2nd floor.

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 3,300 306.58
1st floor bar 2,090 194.17
Total 5,390 500.75

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
  • 5296 Sq ft
  • For Sale
  • Offers are invited in excess of £2 million subject to planning. VAT may be payable on the sale.

NEW

  • Investment
  • 5614 Sq ft
  • For Sale
  • Offers in the order of £3.15 million
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