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4 Cartel Business Centre, Unit 4, Cartel Business Centre, Basingstoke

Office for sale in Basingstoke

£595,000 / 5,291 sq ft

by BDT incorporating Woodford & Co
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3D tour image 1: Matterport 3D Scan for 4 Cartel Business Centre, Unit 4 - 1st Floor
Tour Take a 3D tour: 1st Floor
3D tour image 2: Matterport 3D Scan for 4 Cartel Business Centre, Unit 4 - Ground Floor
Tour Take a 3D tour: Ground Floor

Video

Highlights

Features

Full address
4 Cartel Business Centre, Unit 4, Stroudley Rd, Cartel Business Centre, Basingstoke RG24 8FW – Basingstoke
Asking price
£595,000
Links
Pdf #1 marketing brochure/flyer

Sale details

There is 1 space available. This measures 5,291 sq ft.

Sale unit Available

Unit
Sale unit
Size
5,291 sq ft
Price
£595,000
Price per sq ft
£112.46
  • The property is let to Aquatec Group Ltd (Company no.
  • 02523284), for a term of 10 years from April 2020, subject to a Tenant’s break at the 5th year.
  • There is a £15,000 penalty if the Tenant breaks the lease.
  • The passing rent is £60,000 per annum exclusive.
  • The Tenant has a full repairing liability but there is a Schedule of Condition.
  • The Landlord is also responsible to replace any old air-conditioning units when they become beyond repair.
  • The property is held on a lease from Basingstoke & Deane Borough Council for a term of 125 years from 25th April 1985. The lease is subject to a ground rent reviewed annually to 15% of the received income.
  • The ground rent is currently £8,325 per annum, giving a current net rent of £51,675..
Sale type Investment
Tenure Long leasehold
More building details Less building details

Property facts for 4 Cartel Business Centre, Unit 4, Cartel Business Centre, Basingstoke

The property comprises a 2storey detached building and is part of a development of 5 similar style units. The premises is open plan in construction, but has been divided to provide some individual room. It is set out on ground and 1st floor and benefits from suspended ceilings, raised floors, carpets and air-conditioning. Externally, there is parking for 16 cars. Part of the ground floor is used as a lab/storage space which is accessed separately from its own loading door 2.9m (w) x 2.7 (h).

Basingstoke is a major centre for commerce and industry with a borough population of approximately 150,000. The Town is 45 miles to the south west 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. The property is situated on the Daneshill Industrial Estate, immediately off Wade Road. It is therefore easily accessible to the Ringway and also to the Chineham Shopping Centre.

Number of storeys
2
Parking ratio
3.02
Rentable building area
5,291 sq ft
Lot size
0.3 acres
Construction material
Steel
Year built
1986
Parking
Surface: 16

This office for sale is located in Basingstoke.

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Leasing team at BDT incorporating Woodford & Co

Basingstoke, Gbr

www.bdt.uk.com

BDT are an independent practice of chartered surveyors and rating specialists, based in Basingstoke.

A profile photo of Brian Pickett

Brian Pickett, Director

Brian has been a Director at bdt since its merger with Woodford & Company in September 2015. Before that he worked at Woodford & Company from 1995, becoming a Director in 2005. His previous experience involved working in London for 10 years at Drivers Jonas and Chesterton, having completed a Real Estate degree at Trent Polytechnic in 1983, and subsequently qualified as a Chartered Surveyor in 1985.
A profile photo of Richard Thomas

Richard Thomas, Director

Richard has been with the Baker Davidson Thomas business since 1993 having previously worked in the local market after obtaining an Estate Management degree at Oxford in 1983. He became a qualified Chartered Surveyor in 1986.
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Disclaimer. Property descriptions, images and related information displayed on this page are based on marketing materials found on the website registered to BDT incorporating Woodford & Co. Realla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact BDT incorporating Woodford & Co for full details and further information. 8600941