Commercial Property in RG19 available for sale
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Manufacturing Units for Sale near RG19, Thatcham

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Manufacturing Units for Sale Within 10 miles of the RG19, Thatcham

More details for 17 Priestley Rd, Basingstoke - Industrial for Sale

17 Priestley Rd

Basingstoke, RG24 9JP

  • Industrial for Sale
  • £5,000,000
  • 79,231 sq ft
  • Air Conditioning
  • Security System
  • Reception

Basingstoke Industrial for Sale

The Long Leasehold interest is for sale at a guide price of £5 million plus VAT, benefitting from full vacant possession, provided upon completion. The long leasehold interest was re-geared for a new term of 150 years on 1st September 2016, which expires on 31st August 2166 (approximately 140 years unexpired). The current ground rent payable reflects £68,340 per annum exclusive, and is subject to 5 yearly upward only rent reviews, calculated to the higher of 20% of the open market rental value (excluding Unit 2) or 55% of the bare site rental value (assuming certain disregards). The next rent review is due on 1st September 2026. The permitted user clause within the ground lease allows for B1/B2 and B8 of the former Use Classes Order 1987, which allows for light industrial, offices, R&D, heavy/general industrial and storage and distribution.

Contact:

Baker Davidson Thomas Limited

Property Subtype:

Manufacturing

Date on Market:

25/03/2026
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