Sapphire House offers a shining new freehold opportunity

Sapphire House a 23,000 sq ft two storey office building comprising mainly brick and part glazed elevation offers a rare opportunity to acquire a freehold office building together with expansion land on a 2.7 acre site at Hampshire International Business Park, some 3 miles to the north east of Basingstoke town centre. 

The building which has become available following the acquisition of Alberto Culver by Unilever Plc, has the benefit of comfort cooling throughout, full accessed raised floors, gas fired heating, 115 on site car spaces, and outline planning consent for a further 20,000 sq ft of expansion space within the site. 

Andrew Newman of marketing agents Hollis Hockley said “Sapphire House represents a rare opportunity to acquire a self contained freehold office building with expansion land within Basingstoke where freehold ownership is dominated by major institutional Landlords and the Local Authority.  The building is priced to sell with a quoting price of £2,250,000.  Historically freehold ownership has proved popular with occupiers who are keen to fix ongoing future occupational costs, and particularly so with the current low interest rates”.

Hollis Hockley are the appointed joint sole agents with Cushman & Wakefield, corporate real estate advisors for Unilever Plc.