A local property developer, advised by Curchod & Co, has let a 929 sq ft self-contained office at 81-83 Church Street, Basingstoke, to Fonseca Fitness Pilates Studio on a five-year lease at £18,000 per annum (£19.38 psf).
The Grade II listed Georgian building has undergone a full refurbishment, with upgrades including a new gas boiler, kitchen, and WC facilities. The ground-floor unit now provides a modern studio space in a prominent town centre location, close to Festival Place Shopping Centre.
Ed Rees, Graduate Surveyor at Curchod & Co, commented: “Having dealt with this project from the initial sale to our client, I am delighted to see the progress made in repurposing this outdated office building. The first and second floors have been developed into high-quality studio flats, which are now fully let, and the new lease to Fonseca Fitness Pilates Studio introduces another unique user to Basingstoke’s town centre.”
Fonseca Fitness Pilates Studio was unrepresented in the transaction.
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