Town Centre Office Freehold Sold

On behalf of private clients, Woodford and Company have recently arranged the sale of St Pancras House, Jacobs Yard, Basingstoke with a quoting price of £750,000, subject to a lease on part of the premises.

The modern office building provides 5,420 sq.ft. (502 sq.m) of open plan, air conditioned accommodation with basement parking for 12 cars. The second floor is let until 2016 producing an income of £32,000 per annum.

The buyers, Jacobs Yard Limited, will use the premises in connection with the insurance business of one of their sister companies.