Hermes Investment Management has announced a further letting at The Loddon Centre (TLC) Industrial Park in Basingstoke, to Videlio Media Limited.
The latest in a run of deals on the estate has seen Videlio sign up to a new 10 year lease with a 5 year break option, paying £7.00 per sq ft for a unit of 11,130 sq ft.
Videlio Media Limited is an organisation specialising in the design and implementation of master control broadcast rooms, studio systems, outside broadcast vehicles, satellite uplinks and facilities for streaming media. Its UK premises will be relocating from Alton.
Hermes were represented by BDT incorporating Woodford & Co as a joint agent in the transaction. Richard Thomas commented: “Videlio will prove a welcome addition to TLC, which is now almost fully let. The company recognised the attributes offered by repositioning themselves closer to the M3 and the improved connectivity that comes with such a move”.
There are two remaining refurbished units on the estate, one of which is under offer on a subject to planning basis. The remaining unit offers space comprising 17,820 sq ft and is being marketed at a rent of £7.25 per sq ft.
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Contact for further information:
bdt Woodford & Company
Telephone: 01256 840 777
13th June 2016