Property Summary
- Area Sq ft: 110,000 sq ft
Property Description
St Michael’s Retail Park – 110,000 sq ft Retail & Leisure Development – Price on ApplicationSt Michael’s Retail Park, located on Winchester Road in Basingstoke (RG22 4AN), is a newly opened retail and leisure destination offering approximately 110,000 sq ft of modern trading space. Developed by DTZ Investors and completed in 2018, the park commands a strategic position moments from the M3 motorway, providing immediate access for both regional consumers and logistics.
The development includes 95,786 sq ft of ground floor A1 retail space, 56,950 sq ft of mezzanine level options, and 13,300 sq ft of dedicated A3 restaurant usage. The scheme is fully trading and features a curated mix of national occupiers including Aldi, The Food Warehouse, Smyths Toys, Sparco, Currys, Oak Furnitureland, and Nando’s indicating robust tenant demand and strong footfall performance.
While the landlord is not currently listing vacant units, interested parties are advised to approach Fraserbond agents as opportunities may still exist under confidentiality agreements.
Given local market dynamics and constrained supply within Basingstoke’s retail park segment, the environment is expected to support rental growth in this location.
Comparable trade park leasing in Basingstoke typically commands rents of around £28–£32 per sq ft for units around 2,500–3,000 sq ft. As no units are officially listed, all pricing remains subject to application and negotiation through the landlord or appointed agents.
St Michael’s embodies a compelling opportunity for major retail, leisure, or food and beverage operators seeking high visibility, long-term income security, and excellent transport connectivity via the nearby M3 corridor and strong regional demographics. The extensive car parking and modern specification further enhance its attractiveness for national or regional brands.
Fraser Bond is available to provide detailed site information, lease terms, rental advice and negotiation support. Our team specialises in major retail and leisure assets in the South East and can facilitate access to available spaces within Basingstoke’s dominant retail park environment.
Contact Fraser Bond to obtain full lettings documentation or to arrange a site viewing: