Grade II, Kitchen, Modern, Open plan, Restaurant, Train transport
3,300 sq ft
The Tonic Bar is an attractive character 2/3-storey corner property. The ground floor trade area comprises of an open plan public bar and a small cocktail bar area to the rear. The first floor trade area comprises of an open plan public bar with an additional lower bar area. On the second floor there is a 1-bedroom staff flat and a separate well presented 2-bedroom owners flat.
The Tonic Bar is prominently located in the pedestrianised thoroughfare on London Street on the corner with May Place adjoining the Red Lion Hotel. Other nearby retailers include HSBC, Zizzi, McDonalds and the Post Office.
Basingstoke is a modern and vibrant town which is continuing to grow and has one of the south's best shopping centres in Festival Place.
is located in Basingstoke.
20-22 LONDON STREET, BASINGSTOKE, HAMPSHIRE, RG21 7NY
The Tonic Bar is a freehold pub/restaurant of circa 6,900 sq ft set over three floors
• Ground floor bar/restaurant (circa 3,300 sq ft). first floor bar/restaurant (circa 2,090 sq ft)
• Substantial well-presented two/three-storey character property
• Prominently situated in Basingstoke Town Centre
• Two-bedroom owners flat and one-bedroom staff flat
• Well-established business licensed until 4am on Fridays and Saturdays
• Potential residential conversion of upper parts (STPP)
Freehold: Price on Application
The Tonic Bar is prominently located in the
pedestrianised thoroughfare on London Street on the
corner with May Place adjoining the Red Lion Hotel.
Other nearby retailers include HSBC, Zizzi, McDonalds
and the Post Office.
Basingstoke is located just off junction 6 of the M3
motorway which links the M25 and London with
Southampton on the south coast. The railway station is
in the town centre and has a frequent service to London
Basingstoke is a modern and vibrant town which is
continuing to grow and has one of the south’s best
shopping centres in Festival Place. The Anvil in
Basingstoke is one of the region’s leading music, dance,
theatre, opera and comedy clubs.
Originally four separate buildings, the Tonic Bar is an
attractive character 2/3-storey corner property with a
small basement. Part of the building to the rear on May
Place is Grade II Listed relating to the façade.
Internally, the ground floor trade area comprises of an
open plan public bar with two stage areas and a small
cocktail bar area to the rear. Ancillary areas include,
customer WC’s, a fitted catering kitchen, beer cellar
area, glass wash area, prep room with large freezer,
office and two general store rooms.
The first floor trade area again comprises of an open
plan public bar with an additional lower bar area.
Ancillary areas include a DJ booth, store room for music
equipment, customer WC’s and a general store room.
On the second floor there is a 1-bedroom staff flat and
a separate well-presented 2-bedroom owners flat.
Externally, there is a rear passage way used as a fire
escape and for deliveries.
In our opinion and subject to the usual consents, the
1st floor could be converted into self-contained flats.
An inspection of the property is highly recommended
to appreciate the size of the property and its
prominent location in Basingstoke town centre.
Tonic Bar has been owned and operated by the
current owners for the past 10 years trading as a
vibrant evening and late night town centre bar with
live DJ’s most Fridays and Saturdays. The business’s
reputation has been built steadily over the years
having been well run by the current owners. A new
owner will immediately benefit from the
businesses’ good reputation and steady stream of
clientele. For further information, please log on to
the business website www.tonicbar.co.uk
In our opinion, due to its size and location, this
property will be of interest to a number of
operators including public house, restaurant and
late night bar operators as well as property
investors who may look to rent out the ground
floor trade area and develop the upper floors into
Due to our client’s forthcoming retirement, they
have reluctantly taken the decision to place this
property on the market which now represents an
excellent and rare opportunity to acquire a
freehold property of this size in Basingstoke town
centre. An inspection of the property is highly
recommended to appreciate it fully.
Detailed trading information will be available to seriously
interested parties following a formal inspection of the property.
Due to their impending retirement, the sellers have recently
decided to open on Friday and Saturday nights only.
The property is listed in the VOA business rates list as having a
rateable value of £97,500 with effect from 1st April 2017.
Freehold – Price on application
The property has A4 planning consent.
Legal Costs and Confidentiality
Each party is to bear their own legal costs incurred in this
All prices quoted may be subject to VAT provisions.
Please note that the staff will transfer with the sale of the
business in accordance with TUPE.
Via sole agents Davis Coffer Lyons.
T 020 7299 0706
T 020 7299 0740
52 Portland Place
London, W1B 1NH
Davis Coffer Lyons provide these particulars as a general guide to the property, which is offered subject to contract and to being available. These particulars do not
constitute an offer or a contract or any part of an offer or contract. We (or anyone in our employ) do not imply, make or give any representation, guarantee or
warranty whatsoever relating to the terms and neither does our client (the vendor or lessor). Any intending purchaser must by inspection or otherwise, satisfy
himself as to the correctness of any of the statements contained in the particulars. All negotiations must be conducted through Davis Coffer Lyons Limited.
Disclaimer. Property descriptions, images and related information displayed on this page are based on marketing materials found on the website registered to Davis Coffer Lyons. Realla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Davis Coffer Lyons for full details and further information.