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21 London St 1,703 SF Retail Building Basingstoke RG21 7NT $499,647 ($293.39/SF)



INVESTMENT HIGHLIGHTS
- Let to Rhu Bar Limited on a 10 year lease from 9th September 2019
- Used as a Bar
- Subject to Contract and Without Prejudice
- There is a possibility of the property being sold with vacant possession, subject to the Landlord and Tenant agreeing a surrender of the existing leas
- Located in Basingstoke Town Centre
EXECUTIVE SUMMARY
The subject property is being used as a Bar across Ground Floor and First Floor level. There is a cellar. On the Ground Floor, there is a seating area and a bar. On the First Floor, there is an area for further seating, with a kitchenette and two W.Cs. To the rear of the property there is an external seating area, which also provides access to a self-contained first-floor area. In this area, there is a kitchen, a W.C and shower and two floors. There is rear access to the subject property.
PROPERTY FACTS Sale Pending
Sale Type
Investment or Owner User
Property Type
Retail
Tenure
Freehold
Building Size
1,703 SF
Building Class
B
Year Built
1890
Price
$499,647
Price Per SF
$293.39
Tenancy
Single
Building Height
2 Stories
Frontage
30’ on London Road
AMENITIES
- Restaurant
- Security System
- Storage Space
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NEARBY MAJOR RETAILERS
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21 London St
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