Summary
Office Investment - For Sale
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.
Lease to expire April 2030 with a break in 2025
Net rent £51,000
Initial yield of 8% after costs
89 year unexpired ground lease