Light at the end of the tunnel for Prisma Park
A further letting at Prisma Park brings the total number of office occupiers within the scheme to eight. Only four fully self-contained buildings now remain available, either for sale or to lease. Individual floors are also available and offer smaller floor sizes and excellent value.
The latest tenant is OTC Optima Ltd, an established and highly successful project management consultancy. The company have relocated from Chineham into 1,075 sq ft on the first floor of Unit 10 at a rent reflecting £14.00 per sq ft for a 5 year lease, and with a 3 year break option.
Echoing the previous comments of other occupiers on the development, Rob Fern, Director at OTC commented ……”The units at Prisma offer an attractive working environment, and are built to a high standard, a combination which is actually quite difficult to identify in Basingstoke at present, despite the apparent over supply in the office market”.
The owners of Prisma Park, Equity Estates, continue to be advised by Basingstoke agents Baker Davidson Thomas and London Clancy. Richard Thomas at BDT added …… ”despite the difficult occupier market, we are now in sight of full occupation at Prisma Park, testament to the build quality and the aggressive pricing strategy adopted by our client”.
MARKETING AGENCY RELOCATING TO BASINGSTOKE
A marketing communications agency, JBPM Ltd, are the latest company to purchase one of the freehold office units on the Prisma Park scheme in Wade Road, Basingstoke.
JBPM offer design and printing creativity processes which include Digital, Lithographic, Variable data / Personalisation, Mailing Campaigns, Point of Sale and Large Format. Some of their major clients include Adaptec, BlackBerry, Capita and the Gas Safe Register.
Jim Beecham, Managing Director at JBPM, said of Prisma Park …..”we searched high and low throughout the entire Thames Valley for freehold offices of 2,000 sq ft, and kept coming back to Prisma Park. It’s a convenient location for us and the style of building suits our business image. We hope to maximise the floor area by constructing an attractive mezzanine studio in the vaulted roof space.”
Agents for the Prisma Park landlords are Baker Davidson Thomas and London Clancy. There are now just three self contained freehold units remaining, offering space over two floors. Leasehold enquiries are also being encouraged, particularly on the smaller individual floors in a number of other units on site. Freehold prices are set at a very competitive £140 per sq ft, whilst rents remain at £14.00 per sq ft per annum.
The Prisma Park website (www.prismapark.co.uk) now offers a link to a 360º revolution tour http://www.revolutionviewing.co.uk/delta/baker-davison-thomas/equity/estates/prisma-park/v-1/. Up to date availability is also provided on the website.
