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News Article

MARLBOROUGH MEWS SUCCESS STORYDespite the general economic gloom, agents bdt and Hollis Hockley have announced lettings on 3 out of the 4 units on the Marlborough Mews development in Crockford Lane, Basingstoke.Unit 2, comprising 3,783 , has recently been let to Impact Design & Print Ltd. Impact are already based in Basingstoke and will be expanding from premises in Lennox Mall. They are specialist graphics designers and printers, handling the production of banners, vinyls, signage and exhibition displays.Unit 3, consisting of 5,800 is now occupied by Powerteam Electrical Services Ltd, With their head office in Belfast, the company supplies and constructs high voltage electrical infrastructure. One of their major clients is Scottish & Southern Energy.Unit 4, identical in size to Unit 3, has been re-let to Walkers Snack Services Ltd, who have expanded from Unit 2 on the estate. They were represented in the acquisition by London surveyors Studley.Richard Thomas at bdt reported that rents achieved reflected between £7.00 per and £7.35 per , over lease periods of 5 – 10 years, with rent free incentives granted to each tenant.The owners of Marlborough Mews, the Halladale Nelson Partnership (a subsidiary of the large Australian owned investment company, Stockland), have now completed a refurbishment of Unit 1, comprising 9,873 . Their agents are inviting enquiries, and advise that the landlord will consider shorter term leases if necessary, to suit an incoming tenant.- ENDS -January 2009Contact for further information: Richard ThomasbdtE-mail: 840 777Eileen/pressrelease/mmews


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