We use 'cookies' to ensure that we give you the best experience on our website and if you continue to use this site we will assume that you are happy with this. If you would like to know about 'what a cookie is' and how we look after your data privacy here, follow the 'Learn More' link to read our Privacy Notice.

Okay, I'm happy with that.    Learn More
News | Independent Commercial Property Agents | PAI

View our News and Deals or read our 'Viewpoint' blog.

Prominent Basingstoke Car Showroom let

Friday, 28 May 2021

Prominent Basingstoke Car Showroom let

On behalf of a private client, PAI members London Clancy have successfully let 26/28 Andover Road Newfound.  

The site is prominently located on the Andover Road, at Newfound on the edge of Basingstoke, and comprises a car showroom, forecourt, workshop & MOT use, 3 bedroom flat and 3 bedroom detached bungalow. The total site area comprises 0.5 acres.   

Following an all-encompassing marketing campaign, on a For Sale / To Let basis, London Clancy negotiated new lease terms with Ellahi Motors, a well-established car sales and workshop business, who are already located in Basingstoke. 

The quoting rent for the site was £97,500 per annum exclusive. 

Russell Ware commented, interest was strong from motor trade related businesses, and also developers looking at the purchase aspect for redevelopment. Due to the commitment on all sides, we were able to conclude this letting within a week of instructing solicitors.