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Matrix House Basing Vw 95,000 sq ft 58% Let Office Property Basingstoke RG21 4FF £9,500,000 (£100/sq ft) 16.14% Net Initial Yield
Investment Highlights
- 105,000 sq ft landmark asset
- Excellent town-centre parking
- Large, flexible floorplates
- Modern Grade A workspace
- Prime Location
Executive Summary
The property provides efficient, flexible floorplates arranged around a striking full-height atrium incorporating a café, gym, breakout areas and conferencing facilities, supported by an exceptional town-centre parking having 362 spaces.
Multi-let to a diverse line-up of strong covenants including WSP, Genus, Penningtons and Mastercontrol, the building produces a net passing rent of £1,635,834 p.a. after head rent deductions and a WAULT of 3.6 years to expiry. With headline rents in Basingstoke now reaching £38.00 psf, the asset offers clear reversionary potential, alongside numerous active asset management opportunities.
Offers in excess of £9,500,000 reflect a compelling 16.14% NIY and a low capital value of £90 psf, presenting a rare opportunity to acquire a high-spec, income-producing South East office investment with significant upside.
Property Facts
Amenities
- 24 Hour Access
- Atrium
- Bus Route
- Conferencing Facility
- Fitness Centre
- Restaurant
- Security System
- Wheelchair Accessible
- Accent Lighting
- EPC - E
- Monument Signage
- Air Conditioning
- On-Site Security Staff
- Raised Floor System
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
The office space is arranged around a striking enclosed atrium facility, with two office blocks forming an L-shaped structure, where floors are connected by glass clad link bridges which overlook a stunning atrium. The atrium itself incorporates the street area available for communal break out purposes, together with a restaurant, gymnasium, conference facilities and meeting rooms. The office areas are principally open plan in design, but easily partitioned without compromising natural light or air-conditioning. On-site parking is provided in two decks of basement parking beneath the building and in a separate, two tiered car park adjacent.
The office space is arranged around a striking enclosed atrium facility, with two office blocks forming an L-shaped structure, where floors are connected by glass clad link bridges which overlook a stunning atrium. The atrium itself incorporates the street area available for communal break out purposes, together with a restaurant, gymnasium, conference facilities and meeting rooms. The office areas are principally open plan in design, but easily partitioned without compromising natural light or air-conditioning. On-site parking is provided in two decks of basement parking beneath the building and in a separate, two tiered car park adjacent.
The office space is arranged around a striking enclosed atrium facility, with two office blocks forming an L-shaped structure, where floors are connected by glass clad link bridges which overlook a stunning atrium. The atrium itself incorporates the street area available for communal break out purposes, together with a restaurant, gymnasium, conference facilities and meeting rooms. The office areas are principally open plan in design, but easily partitioned without compromising natural light or air-conditioning. On-site parking is provided in two decks of basement parking beneath the building and in a separate, two tiered car park adjacent.
The office space is arranged around a striking enclosed atrium facility, with two office blocks forming an L-shaped structure, where floors are connected by glass clad link bridges which overlook a stunning atrium. The atrium itself incorporates the street area available for communal break out purposes, together with a restaurant, gymnasium, conference facilities and meeting rooms. The office areas are principally open plan in design, but easily partitioned without compromising natural light or air-conditioning. On-site parking is provided in two decks of basement parking beneath the building and in a separate, two tiered car park adjacent.
The office space is arranged around a striking enclosed atrium facility, with two office blocks forming an L-shaped structure, where floors are connected by glass clad link bridges which overlook a stunning atrium. The atrium itself incorporates the street area available for communal break out purposes, together with a restaurant, gymnasium, conference facilities and meeting rooms. The office areas are principally open plan in design, but easily partitioned without compromising natural light or air-conditioning. On-site parking is provided in two decks of basement parking beneath the building and in a separate, two tiered car park adjacent.
| Space | Size | Space Use | Condition | Available |
| Ground-Ste 1 | 3,214 sq ft | Office | Full Fit-Out | Now |
| 3rd Fl-Ste North | 7,200 sq ft | Office | Full Fit-Out | Now |
| 3rd Fl-Ste South | 7,200 sq ft | Office | Full Fit-Out | Now |
| 4th Fl-Ste 1 & 2 | 5,507-12,813 sq ft | Office | Full Fit-Out | Now |
| 5th Fl-Ste 1 | 9,440 sq ft | Office | Full Fit-Out | Now |
Ground-Ste 1
| Size |
| 3,214 sq ft |
| Space Use |
| Office |
| Condition |
| Full Fit-Out |
| Available |
| Now |
3rd Fl-Ste North
| Size |
| 7,200 sq ft |
| Space Use |
| Office |
| Condition |
| Full Fit-Out |
| Available |
| Now |
3rd Fl-Ste South
| Size |
| 7,200 sq ft |
| Space Use |
| Office |
| Condition |
| Full Fit-Out |
| Available |
| Now |
4th Fl-Ste 1 & 2
| Size |
| 5,507-12,813 sq ft |
| Space Use |
| Office |
| Condition |
| Full Fit-Out |
| Available |
| Now |
5th Fl-Ste 1
| Size |
| 9,440 sq ft |
| Space Use |
| Office |
| Condition |
| Full Fit-Out |
| Available |
| Now |
Ground-Ste 1
| Size | 3,214 sq ft |
| Space Use | Office |
| Condition | Full Fit-Out |
| Available | Now |
The office space is arranged around a striking enclosed atrium facility, with two office blocks forming an L-shaped structure, where floors are connected by glass clad link bridges which overlook a stunning atrium. The atrium itself incorporates the street area available for communal break out purposes, together with a restaurant, gymnasium, conference facilities and meeting rooms. The office areas are principally open plan in design, but easily partitioned without compromising natural light or air-conditioning. On-site parking is provided in two decks of basement parking beneath the building and in a separate, two tiered car park adjacent.
3rd Fl-Ste North
| Size | 7,200 sq ft |
| Space Use | Office |
| Condition | Full Fit-Out |
| Available | Now |
The office space is arranged around a striking enclosed atrium facility, with two office blocks forming an L-shaped structure, where floors are connected by glass clad link bridges which overlook a stunning atrium. The atrium itself incorporates the street area available for communal break out purposes, together with a restaurant, gymnasium, conference facilities and meeting rooms. The office areas are principally open plan in design, but easily partitioned without compromising natural light or air-conditioning. On-site parking is provided in two decks of basement parking beneath the building and in a separate, two tiered car park adjacent.
3rd Fl-Ste South
| Size | 7,200 sq ft |
| Space Use | Office |
| Condition | Full Fit-Out |
| Available | Now |
The office space is arranged around a striking enclosed atrium facility, with two office blocks forming an L-shaped structure, where floors are connected by glass clad link bridges which overlook a stunning atrium. The atrium itself incorporates the street area available for communal break out purposes, together with a restaurant, gymnasium, conference facilities and meeting rooms. The office areas are principally open plan in design, but easily partitioned without compromising natural light or air-conditioning. On-site parking is provided in two decks of basement parking beneath the building and in a separate, two tiered car park adjacent.
4th Fl-Ste 1 & 2
| Size | 5,507-12,813 sq ft |
| Space Use | Office |
| Condition | Full Fit-Out |
| Available | Now |
The office space is arranged around a striking enclosed atrium facility, with two office blocks forming an L-shaped structure, where floors are connected by glass clad link bridges which overlook a stunning atrium. The atrium itself incorporates the street area available for communal break out purposes, together with a restaurant, gymnasium, conference facilities and meeting rooms. The office areas are principally open plan in design, but easily partitioned without compromising natural light or air-conditioning. On-site parking is provided in two decks of basement parking beneath the building and in a separate, two tiered car park adjacent.
5th Fl-Ste 1
| Size | 9,440 sq ft |
| Space Use | Office |
| Condition | Full Fit-Out |
| Available | Now |
The office space is arranged around a striking enclosed atrium facility, with two office blocks forming an L-shaped structure, where floors are connected by glass clad link bridges which overlook a stunning atrium. The atrium itself incorporates the street area available for communal break out purposes, together with a restaurant, gymnasium, conference facilities and meeting rooms. The office areas are principally open plan in design, but easily partitioned without compromising natural light or air-conditioning. On-site parking is provided in two decks of basement parking beneath the building and in a separate, two tiered car park adjacent.
Presented by
Matrix House | Basing Vw
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