Summary - BASINGSTOKE LOCALITY TEAM, DAME MARY FAGAN HOUSE, LUTYENS CLOSE RG24 8AG
1 bed 1 bath Office
Large modern office campus with 209 parking spaces — ideal for investor or developer.
Freehold available on approx 3.26 acre site with 209 parking spaces
Dame Mary Fagan House is a substantial modern office building set on approximately 3.26 acres with around 209 off-street parking spaces. The property spans multiple floors (level 0 to level 3) and features suspended ceilings, raised access flooring and two passenger lifts — suited to immediate office use or multi-tenant occupation. Part of the building is currently occupied under an income-producing arrangement until 31 March 2029; remaining suites are vacant and can be let individually.
The site will suit an investor seeking long-term rental income or an owner-occupier/developer exploring alternative uses (all subject to planning and vacant possession). Practical advantages include a separate goods entrance, generous car parking (approximately 1:209 net ratio) and good road and rail links to Basingstoke town centre and London Waterloo (circa 45 minutes). The landscaped setting and contemporary glass frontage give the building strong corporate presence.
Notable considerations: broadband speeds are slow on site, and parts of the building are occupied on differing terms (Hampshire County Council occupies ground floor and part of level 3 without a commercial lease). Freehold is offered for sale, but any change of use or redevelopment will require planning consent and vacant possession. The surrounding area data shows mixed socioeconomic indicators (area classified as deprived), which should be factored into occupational and repositioning strategies.
Overall, this is a flexible, well-specified office asset with significant parking and redevelopment potential for an investor or occupier prepared to manage lease timings and planning requirements.
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