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L&G sell Basingstoke Homebase

Basingstoke

Legal & General have put the freehold of the Homebase, Winchester Road, Basingstoke on the market for £17m

L&G sell Basingstoke Homebase

Basingstoke
Disposal
£17 million
Under Offer

Legal & General have put the freehold of the Homebase, Winchester Road, Basingstoke on the market for £17m, reflecting a net initial yield of 6.19%.



The property is a prime retail warehouse investment in the very affluent town of Basingstoke. It is let to Homebase Ltd for over 11.5 years at £1,113,000 per annum. The unit is 68,496 sq ft.