Major Basingstoke house builder finds new home
7 February 2018
National house builder,
Miller Homes Ltd, have announced plans for a relocation of their Basingstoke
office within the town.
The Group will relocate
operations from Spinnaker House which is located to the north of Chineham Park,
to a newly refurbished, self-contained office building on the Faraday Office
Park scheme in the Daneshill area. They
have leased 7,200 sq ft of fully refurbished offices by way of a new 10 year
term, with a break clause at the end of the 5th year. The financial terms of the deal remain under
wraps, but the letting agents for Faraday Office Park confirm quoting rents of
£15.50 psf apply to the remaining office options.
regional operations director for Miller Homes Southern, said:
"We're excited to be moving
into our new office as this reflects our substantial growth in the south. We
identified this location as an excellent place to continue to strengthen our
already firm footing in the region."
"The new office, combined
with further land investment, will help us achieve the carefully planned and
ambitious target set for Miller Homes as a whole, which includes establishing
new communities within Hampshire, Surrey, West Sussex, Berkshire and
Oxfordshire, with plans to branch out even further in the future."
Miller Homes posted pre-tax
profits of £89 million in 2016, so will be a welcome addition to the tenant
list on the Park. Eskmuir continue to
market the fully refurbished and newly air conditioned space options from
between 1,700-6,530 sq ft. A video link showing
the quality of the
refurbishment is provided within their new website – www.faradayofficepark.com.
The Landlord (Eskmuir
Securities Ltd) were represented by Hollis Hockley.