Office for sale in Cromwell Place, Hampshire International Business Park, Basingstoke RG24

£3,500,000 (£341.43/sq. ft)
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Office for sale

From 10,251 - 31,159 sq. ft*

Property description

Key Points

  • Freehold with vacant possession of 10,251 sq ft
  • Contracted rent of £347,772 pax on ground and first floors
  • Unexpired term of approximately 2 years to expiry on the let space
  • Description

    Cromwell Place is a modern 4-storey, corporate office building constructed in circa 1992. The L-shaped suites benefit from south facing panoramic views towards Chineham and Basingstoke Town Centre. The double height reception provides direct access to all floors by way of two 13-person lifts or the staircase. Recent M&E improvements have included upgrading the chillers and the installation of new boilers for a total cost of £311,032. The second floor is currently vacant and benefits from the existing Cat B fit out. The second floor can be divided to provide suite sizes of approximately 4,000 sq ft or 6,000 sq ft.

    Location

    Cromwell Place is situated to the north of Chineham Park and forms one of the buildings which comprise the Hampshire International Business Park, located around 3 miles north east of Basingstoke town centre and junction 6 of the M3 motorway. The building is positioned in a parkland setting with amenities nearby including a gymnasium, day nursery centre and a coffee/food outlet.

    Availability_Text

    The accommodation comprises the following areas:

    Specifications

    Basingstoke is a strategic office location in North Hampshire, located along the M3 corridor which offers excellent connections to neighbouring commercial centres such as London (42 miles north east) and Reading (11 miles north).
    Double height reception area
    Suspended ceilings
    Large kitchen and breakout areas
    Full access raised floors (with floor boxes)
    4 pipe fan coil air-conditioning
    Two 13 person passenger lifts
    136 car parking spaces
    Large site area of approximately 1.56 acres (0.63 hectares) with low site coverage.
    Hampshire International Business Park and the adjacent Chineham Park has extensive amenity offering with a gym, day nursery centre and coffee/
    food outlet

    Freehold

    VAT

    To be sold as a togc.

    Property info

    * Sizes listed are approximate. Please contact the agent to confirm actual size.

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    For more information about this property, please contact
    Baker Davidson Thomas, RG24 on +44 1256 677990 * (local rate)

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    Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Baker Davidson Thomas, and do not constitute property particulars. Please contact Baker Davidson Thomas for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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