Basingstoke Town Centre Offices let by Sovereign Housing Association
The recent letting of Chailey Court in Central Basingstoke will offer a short term home to Scottish & Southern Energy plc whilst they undertake a comprehensive refurbishment programme of their existing office campus on the opposite side of Winchester Road.
bdt, acting on behalf of Sovereign Housing Association (formerly Kingfisher Housing Association) report the letting of the 13,300 building by way of a 3 year lease term. The accommodation will be used as “swing space”.
With SSE now offering security of income, BDT have been instructed by Sovereign to identify an investment purchaser for the property at a guide price of £1.3 million. The eventual buyer would benefit from the short term income and inherit a planning consent for conversion of Chailey Court into town centre apartments – a planning consent which has recently been renewed and would create a scheme of 24 one and two bed apartments with associated parking.
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Contact for further information:
Telephone: 01256 840 777
26th September 2012