Privately owned Crescent Pharma Limited has acquired the Freehold interest in Key House, a 9,627 sq ft three storey office building situated on the southern side of Basingstoke town centre. The property which has in recent years been used as a private school, will be comprehensively refurbished during the course of 2019 in readiness for the company to relocate next year.
Crescent Pharma was formed in 2003 and is now manufacturing more than 150 generic and branded medicine products which it exports to over 22 territories globally, albeit with a strong UK focus. The business has warehouse distribution units in London, Andover and North England.
Nick Olliffe represented the Vendors in this transaction. The purchase price is undisclosed.