The Destination Basingstoke website (www.destinationbasingstoke.co.uk) has reported that Sainsbury’s has won permission to modernise its distribution depot on the Houndmills estate in Basingstoke. It will extend its existing distribution warehouse centre following the acquisition of 10 acres of adjacent land from Lansing Linde. The project will secure the future of 700 jobs and it is…
As trailed previously here, following the approval by the House of Commons on 8th February 2012 of the Local Government Finance Report (England) 2012/2013, the Secretary of State has calculated the non-domestic rating multipliers for England 2012/13 as follows; NON-DOMESTIC RATING MULTIPLIER 45.8p (0.458) SMALL BUSINESS NON-DOMESTIC RATING MULTIPLIER 45.0p (0.450) These figures have been…
ASHWOOD WITHDRAWN FROM MARKET Telecoms connectivity and communications provider, Level 3 Communications, is to reoccupy office space in one of Chineham Park’s flagship buildings, Ashwood Level 3 joined forces with Global Crossing in the autumn of 2011. Their business plan will result in immediate reoccupation of 14,000 sq ft in the Basingstoke site – a…
The British Property Federation today added its weight to a new campaign to get the government to cap the annual business rates increase at 2%, in line with its target for inflation, to help struggling high street retailers. Responding to the launch of the Association of Convenience Stores’ campaign to cap business rates increase at…
Industrial and warehouse space available To Let Hot on the heels of our instruction from Motorola (see News story below), we can also announce further agency disposal instructions on Basingstoke’s premier out of town commercial development, Chineham Park. Owners of the Park, MEPC, have appointed BDT as joint letting agents alongside Hollis Hockley, in the…
MOTOROLA LOOK TO EXIT REDWOOD 3 We are excited to announce our most recent agency instruction – Motorola Ltd and Johnson Controls are to appoint BDT alongside Jones Lang LaSalle in the marketing of corporate office space on Chineham Park in Basingstoke. Redwood 3 (pictured below) is a striking headquarters office building totalling 66,500 sq…
The Department for Communities and Local Government has officially announced today that the provisional non-domestic multiplier for 2012/13 will be 45.8p. The small business non-domestic multiplier will be 45.0p. These provisional multipliers will be confirmed in March 2012. If you have any questions about the new multiplier or your rating assessment, then please do not…
BDT Partners endure “hilliest sauna ever”! Now that we can walk without limping again, we can rather belatedly report that 2 of the 3 BDT partners ran in the inaugural Basingstoke Half Marathon back in October this year. Neil Davidson and Richard Thomas braved the searing heat wave of early October to run an undulating…
Moving Jobs to Basingstoke We reported earlier this year that Network Rail and Basingstoke & Deane Borough Council had agreed terms on the Gresley Road triangle site in Basingstoke; the majority of the 8 acre site being earmarked for a £10 million design and build regional training centre. Well, the deal remains live, with…
SOME 26,000 SQ FT OF TRANSACTIONS CONCLUDED IN 2011 Just under 26,000 sq ft of open market lettings or lease renewals have taken place so far this year in Network House on Basing View, where BDT act in a joint agency role for Commercial Estates Group. The largest transactions have involved lease renewals on two…