Capita Business Services sign up to Chineham Park’s refurbished Cedarwood scheme

Capita Business Services, a trading division of Capita Group Plc, have acquired a lease on a building totalling over 12,000 sqft at MEPC’s Chineham Park, making a successful start to 2009 for the property company, following a number of key lettings achieved last year within Basingstoke’s flagship business area.

Capita, have taken a lease on 100 and 200 Cedarwood immediately following the completion of refurbishments. Capita’s requirement relates to the Gas Safety Register contract which the Business Services division recently secured from the Health and Safety Executive (HSE).

Capita Business Services will be responsible for the registering of all approved Gas Safety Installers, validating qualifications and inspecting gas work as part of this major contract.

Rupert Batho, Chineham Park’s Managing Director said: “The decision to progress with the phased refurbishment of the Cedarwood building, in order to bring it up to date for the modern occupier has been vindicated with an effective pre-let to a major Plc. We look forward to a productive relationship with Capita at Chineham over the forthcoming months and years”.

He added: “2008 was a very successful year for us and the Park has gone from strength to strength. This year we will continue to build on the successful formula of providing our occupiers with all their property and amenity needs that are essential to their staff, on the right commercial terms. ”.

Peter Eldridge, Managing Director of the new Gas Safety Register service at Capita expressed his satisfaction with the acquisition saying: “It made a lot of sense to house the staff in the Cedarwood buildings immediately following the refurbishment. Many of the staff are locally based and familiar with the business park. The timely delivery of these refurbished buildings with the commencement of the Gas Safety Register contract, combined with the flexibility of the accommodation, made the decision a straight forward one for us.

Andrew Newman of Hollis Hockley who advised Capita Business Services commented “Capita are extremely pleased to have secured this building on competitive lease terms. Chineham Park offers all the amenities that most of the Capita staff will be familiar with, together with fully refurbished premises with a very generous car parking provision.”

Knight Frank and Hollis Hockley are MEPC Chineham Park’s appointed letting agents.

Offices To Let