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13 Church St 1,856 sq ft Retail Property Basingstoke RG21 7QG £400,000 (£215.52/sq ft) 6.50% Net Initial Yield

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Investment Highlights

  • Prominent High Street location
  • Public transport connectivity
  • Neighboured by many notable retailers

Executive Summary

Fully income producing retail investment with substantial upper parts and parking.
Rent currently £26,000 pax, rising to £28,000 pax in March 2026. Tenant renewed on a 10 year lease from 23.03.2023 (Expiring in 2033).

Property Facts Sale Pending

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront
Property Size
1,856 sq ft
Costar Property Class
C
Year Built
1896
Price
£400,000
Price per sq ft
£215.52
Yield
6.50%
NOI
£26,000
Tenancy
Single
Number of Floors
3
Plot ratio
2.19
Total Plot Size
0.02 ac
Frontage
26 ft on Church Street

Amenities

  • Signage
  • Storage Space

Nearby Major Retailers

Starbucks
Costa Coffee
Pret A Manger
National Westminster Bank Plc
HSBC
Barclays
Santander
Metro Bank
Lloyds Bank
eurochange
  • Listing ID: 33246542

  • Date on Market: 20/09/2024

  • Last Updated:

  • Address: 13 Church St, Basingstoke RG21 7QG

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