Southern House Otterbourne, is now fully let, following the acquisition of the part 2nd floor 4,120 sq ft suite by South Central Ambulance Service. The accommodation, which had been fully refurbished by Landlords Edgehill Battersea, has been let for a term of eleven years, subject to an tenant Option to Determine the lease at the end of the 6th year of the term at a headline rent of £60,770 per annum, equating to £14.75 per sq ft.
Phillip Nelson of Edgehill Battersea said “We are delighted to conclude this letting with SCAS which means that the 36,000 sq ft building is now fully let to the Ambulance Service and the NHS Education Service. The building has proved popular over the years to those involved in providing NHS Services, and to other organisations recognising the highly accessible location between Junctions 11 and 12 of the M3 Motorway”.
Andrew Newman of letting agents Hollis Hockley said “We have had interest in this suite from all manner of NHS related services and are delighted that negotiations have concluded quickly with SCAS following the award of the 111 contract. There is no doubt that the location has proved attractive to those seeking to relocate from Winchester, or simply to benefit from the highly convenient location providing easy access to the M3, M27, and A34”.
SCAS were represented by Savills, and the Landlord’s Edgehill Battersea were represented by Hollis Hockley.