Commercial Property in Hannington Hampshire available for sale
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Commercial Properties for Sale near Hannington, Hampshire, Tadley

Commercial Properties for Sale Within 5 miles of the Hannington, Hampshire, Tadley

More details for Prewett Road, Peggs Way, Park Village, Basingstoke - Build-to-Rent for Sale

Block J Commercial Centre - Prewett Road, Peggs Way, Park Village

Basingstoke, RG24 9RG

  • Build-to-Rent for Sale
  • £2,400,000
  • 41,550 sq ft

Basingstoke Build-to-Rent for Sale

The property, developed in 2013 comprises a single and three-storey building with the ground floor commercial units benefiting from aluminium framed glazed shop fronts and rear loading. The elevations above Units 1 and 2 incorporating the residential apartments are finished in a combination of red facing brick, white render, and vertical timber cladding, surmounted by a flat roof. The ground floor comprises five retail units let to three tenants providing a total of approximately 9,256 sq ft of retail accommodation with four self-contained flats above which have been sold off on long leases to individuals. There are 16 car parking spaces to the front of the property including two designated EV charging bays. The property has been measured in accordance with the RICS Code of Measuring practice and provides the following approximate floor areas. The property retail element is let to three tenants on effective FRI terms, producing an income of £189,580 per annum subject to 5 yearly open market and RPI rent reviews. Southern Co-Operative Ltd who have recently renewed their lease have underlet Unit 4A to Bombshell Hair and Beauty and Unit 4B to Barnardo’s since 2015. Additionally, there are 2 EV charging bay stations producing £6220 per annum and at first and second floor levels above units 1 and 2 there are four selfcontained flats which have been sold off on long leases to individuals generating ground rents of £940 per annum. The combined income is £196,740 per annum with the retail rents equating to a modest £20.50 per sq ft overall. The interest is freehold. We are seeking offers for our client’s freehold interest of £2,400,000 (Two Million Four Hundred Thousand Pounds) subject to contract and exclusive of VAT reflecting a net initial yield of 7.7% allowing for purchaser’s costs of 6.3%.

Contact:

Whitmarsh Holt Young

Property Subtype:

Apartment

Date on Market:

03/02/2026

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More details for Pumphouse Way, Basingstoke - Office for Sale

Park Prewett - Barn - Pumphouse Way

Basingstoke, RG24 9EU

  • Office for Sale
  • £350,000
  • 2,807 sq ft
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FAQs about Commercial Properties For Sale in Hannington Hampshire

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How many Commercial Property listings are available for sale in Hannington Hampshire?
There are currently 0 Commercial Properties available for sale near Hannington Hampshire. These Hannington Hampshire Commercial Property listings have an average size of. The largest available listing in Hannington Hampshire is. The thriving commercial centre and excellent transport links in Hannington Hampshire make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in Hannington Hampshire?
Several factors can impact the price of Commercial Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices in Hannington Hampshire currently range from to per square foot. While the average net initial yield for Commercial Properties is.
What other types of commercial property are available for sale in Hannington Hampshire?
There is a diverse range of commercial properties available in Hannington Hampshire to suit various business needs. Hannington Hampshire offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 0 Hannington Hampshire commercial property listings in the area, potential owners can find suitable options that meet their requirements.
What are the advantages of investing in commercial property in the UK?
Commercial property investment can provide long-term income through leases, capital appreciation, and portfolio diversification. Compared to residential property, commercial leases are often longer and place more responsibility on tenants for repairs and maintenance.
What is a net initial yield and why is it important?
Net initial yield is the annual rental income expressed as a percentage of the purchase price (after acquisition costs). It’s a key measure used by investors to compare return on investment across different commercial properties.
Do I need a commercial mortgage to invest?
Many investors use commercial mortgages to finance purchases. Lenders typically require a larger deposit than for residential property (often 25–40%) and will assess the property’s rental income and condition as part of the loan application.
What should I look for when doing due diligence?
Due diligence includes reviewing lease terms, tenant strength, service charges, planning permissions, condition reports, and title deeds. A commercial solicitor and surveyor are strongly recommended before purchase.
What are the risks of investing in commercial property?
Risks include void periods (no rental income), tenant default, maintenance liabilities, and changes in market conditions or planning regulations. Mitigating these requires proper property management and lease structuring.
Can overseas investors buy commercial property in the UK?
Yes, the UK market is open to international investors. However, you may need a UK-based legal representative and must comply with HMRC tax obligations, including stamp duty and possible capital gains tax on disposal.

Discover More Commercial Properties for Sale in the Hannington, Hampshire, Tadley

Market Overview for Commercial Properties in Hannington Hampshire

Key information for Commercial Properties investors in Hannington Hampshire and comparable markets. This summary brings together pricing and building size data to provide a clear view of market conditions and potential investment opportunities.

City Avg Price Per Sq Ft Avg Size Available
Whitchurch £337 2,155 sq ft
Tadley £66 2,333 sq ft
Basingstoke £161 9,590 sq ft
Thatcham £96 11,543 sq ft
Newbury £129 8,361 sq ft

Rental Price Trends in Hannington Hampshire

The price per square foot range for Commercial Properties in Hannington Hampshire and nearby cities. These metrics help establish valuation benchmarks and highlight possible value opportunities in the market.

City Min £ Sq Ft Avg £ Sq Ft Max £ Sq Ft
Whitchurch £152 £337 £521
Tadley £59 £66 £74
Basingstoke £43 £161 £359
Thatcham £96 £96 £96
Newbury £72 £129 £188

Available Building Sizes

A summary of the current sizes of Commercial Property for sale in the Hannington Hampshire area. Refine your search based on space requirements and investment level.

City Smallest Property Avg. Sq Ft Largest Property
Whitchurch 481 sq ft 2,155 sq ft 3,828 sq ft
Tadley 2,200 sq ft 2,333 sq ft 2,466 sq ft
Basingstoke 1,047 sq ft 9,590 sq ft 41,550 sq ft
Thatcham 11,543 sq ft 11,543 sq ft 11,543 sq ft
Newbury 2,778 sq ft 8,361 sq ft 18,000 sq ft

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