Sale of long leasehold at Rankine Road, Basingstoke

The St Julian’s Estate Ltd (advised by Legat Corbishley) has assigned the residue of their long leasehold interest in 1 Rankine Road, East Daneshill, Basingstoke for £900,000 to an owner occupier.

The industrial/warehouse unit is of steel framed construction, column free, with aggregate panelled external cladding. It comprises some 18,886 sq ft and includes office content of 18.7%. The property was constructed in the 1980s and has a clear height to eaves of about 5.0m and a maximum height of 7.24m. It forms part of a shared site of 1.39 acres.

Jim London comments; “This deal illustrates the continuing strong interest from owner occupiers especially those seeking good quality accommodation with easy access to major routes”.

London Clancy and Hollis Hockley act on behalf of St Julian’s.