Investments.

Basildon.

78-104 Town Square & 1A/B Market Pavement

Map View

Status.

Under Offer

Service Charge.

EPC.

An EPC has been commissioned. A full report is available upon request.

Legal Costs.

Each party is to be responsible for their own legal costs incurred in this transaction.

Location.

Basildon, situated in Essex, is the largest town and primary commercial hub in the Borough of Basildon. Located approximately 11 miles (17.6km) south of Chelmsford and 26 miles (41.6km) east of Central London, it occupies a strategic position within the northern part of the Thames Gateway, the UK’s largest regeneration area. Boasting a town population of circa 115,000 people, Basildon, along with its’ broader borough, totalling approximately 187,700 people, ranks among the largest urban areas in Essex.

 

The property occupies a large portion of the south side of the pedestrianised Town Square between Primark and Market Pavement. Other retailers located nearby on Town Square include Primark, WH Smith, B&M, Barclays and Metro Bank. 

Description.

 Originally constructed as part of the New Town development in 1960, the property was fully refurbished in 1990. The property totals circa 54,634sqft and comprises the following: • 14 shop units, 12 of which occupy the prime Town Square frontage. There are an additional 2 shops on the side return (Market Pavement) which leads to Market Square and the bus station. The Town Square shops are of a uniform, rectangular shape and provide good quality, flexible accommodation for modern retail requirements. 7 of the shops have additional storage at 1st floor. • 3 floors of multi-let offices, sub-divided into individual suites. The dedicated entrance to the Southgate House offices is at 88 Town Square. There is a passenger lift serving all floors from the communal foyer. Southgate House is a busy and flexible office facility, popular with tenants benefitting from ‘walk up’ town centre style businesses. 

Rent.

£934,845.00 pax

Availability.

Share.

All viewings are strictly by prior appointment.

Will Civil.

Surveyor | Investment

David Freeman.

Partner | Investment

Jonny Gooch.

Associate Partner | Investment

Contact.

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DTZ Investors

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