No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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Offers in excess of£600,000 | 10,312 sq ft
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Property for sale

Armstrong Road, Basingstoke RG24
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Property
0 bed
0 bath
10,312 sq ft / 958 sq m

Property description & features

  • CASH BUYERS ONLY
  • PRIME LOCATION
  • GREAT INVESTMENT
  • 7 OFFICE SPACES
  • 5 DESIGNATED STORAGE AREAS
  • DANESHILL INDUSTRIAL ESTATE
  • OVER 10,000SqFt
*CASH BUYERS ONLY - LARGE WAREHOUSE WITH GREAT POTENTIAL IN BASINGSTOKE - OVER 10,000SqFt - IDEAL FOR INVESTOR AND OCCUPIERS*

OC Commercial is delighted to present this rare opportunity to purchase a unit that offers ample office space and a large warehouse facility, with a substantial yard that is gated, and fitted with an Access Control system. Further benefits include an additional extension at the rear of the building, providing further storage.

Part of the Daneshill estate, the Property is situated at the junction of Armstrong Road and Swing Swang Lane, with easy access to Junctions 6 and 7 of the M3 Motorway. There is also frequent rail service to London Waterloo (approx. 45 minutes).

Due to the size of the unit, there is potential to harness free renewable energy simply by adding solar panels to the roof space. Factories and warehouses are bringing their energy costs down by producing their own free electricity on-site.

FULL NAME OF FREEHOLDER: Basingstoke and Dean Borough Council
YEARS REMAINING ON LEASE: 48 years / auto-renewing at the end of lease
SERVICE CHARGE: None
GROUND RENT: Current £41,000/- yearly
Reviews every 20 years
BUSINESS RATES
25600/- yearly
CURRENT RENT BEING: About 43500/- tenants (a combination of rented parking space and Gym: option to serve a 3-month notice). Potential earnings approximately £130k p/a if fully rented

Property information from this agent

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    Together, the co-founders of OC Homes boast more than 50 years of experience in the property market. Alongside our dedicated and knowledgeable team, OC Homes has worked exceptionally hard to build a strong reputation as a trustworthy and reliable agency. Priding ourselves on our traditional enthusiasm and work ethic, OC Homes is confident that we offer a service second to none. This has been the foundation of our success and the main reason our clients recommend OC Homes to family and friends. Our independent status allows us to create bespoke marketing strategies tailored to match your specific circumstances, whether you are selling, letting, renting, or buying, we don’t believe in ‘one-size-fits-all’! With technology being a major theme in most businesses worldwide, OC Homes has embraced it. We have links to all major property portals to ensure we achieve the widest and best marketing exposure for our clients as well as access to industry-leading property technology. OC Homes is committed to providing each of our clients with relevant and reliable information using our knowledge, professionalism, and integrity helping them keep ahead of London and Essex’s fast-paced property market. Residential sales and lettings are only part of our offering, our other services include Commercial, Survey, Free Valuation, Planning, and Management Advice, We can even help with your mortgage. The OC Homes's commitment to our Landlords, Sellers, Buyers, and Tenants alike, is not just to offer the best service and value for money - but to deliver it. Entrust us with your property requirements and we will surpass all your expectations. “We are what we repeatedly do. Excellence, therefore, is not an act but a habit.” Aristotle The OC Ethos At OC Homes, our team is professional, committed, friendly, and experienced. We are dedicated to providing quality customer service and are passionate about delivering excellent results for our clients. We are approachable and always happy to offer advice that will help you find the solution you need for your property requirements. We understand the London and Essex property market like no other, so we take pride in sharing our knowledge with our clients. We believe it is vital that you are kept fully informed and understand the process just as well as we do. Together we will ensure that the best results are achieved. Our business is built on you, which is why our values are based on trust, honesty, transparency, and accountability. This gives us a stellar reputation that places us at the top of many review platforms and reinforces our position as the agent of choice for over a decade. OC Homes is exactly what you will see in those reviews; reliable, efficient, and knowledgeable. The OC Group OC Group is a conglomerate of both Residential & Commercial property services as well as Sports & Talent Management. OC Homes and Commercial are focused on property-related sales and letting for the residential and commercial markets and have been established since 2008. OC Sports Management is an all-round service covering several sports including football, cricket and boxing. Services range from Talent Management, Endorsement and sponsorship deals, Relocation and concierge Services and Wealth Management, established in 2015. The OC Group ethos is maximum exposure, maximum performance, and maximum communication for all of our clients. Our business is built on you, which is why our values are based on trust, honesty, transparency and accountability. This gives us a stellar reputation that places us at the top of many review platforms and reinforces our position as the agent of choice in both the property and sports industries. OC Group is exactly what you will see in those reviews; reliable, efficient, and knowledgeable. Together we win.

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    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.