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South Coast Metropole South Coast Metropole - King Sturge

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Dutton Gregory have taken the third floor of St<br />

George’s House, St George’s Street, Winchester.<br />

The 213 m² office suite achieved £35,603 per<br />

annum on a new 10-year lease subject to a fiveyear<br />

break clause.<br />

Kenmore Homes, the Winchester-based residential<br />

developer, has been acquired by Highcross Strategic<br />

Advisors, and re-branded Highmore Homes.<br />

Established in 2001, the company has offices in<br />

Winchester, Essex, The Midlands and Scotland.<br />

Highmore Homes has a pipeline with a projected<br />

turnover of £100 million in 2007/08.<br />

Production of the Vermouth Martini moved back to<br />

Italy in 2006.<br />

Belfast based investor Deramore Holdings has<br />

acquired the freehold interest in 12-15 High Street,<br />

Winchester, from British Land, for £11.25 million.<br />

The 4,702 m² Debenhams store is let on a lease<br />

expiring in March 2034 at £538,445 per annum.<br />

Maple House Investments have let Unit 2, Moorside<br />

Place on the Winnall Industrial Estate to Cinewessex,<br />

as their new production headquarters. The 433 m²<br />

unit with nine car spaces achieved £46,900 per<br />

annum on a new 15-year lease. The tenants have<br />

an option to acquire the freehold interest within the<br />

first two years.<br />

Paul Tanner Associations have taken an assignment<br />

of the first and second floors of 50 St George’s<br />

Street, Winchester. The 38 m² suite is let at £7,000<br />

per annum on a lease from September 2004.<br />

Winchester<br />

11 Bridge Street, Winchester, has been let to<br />

Redwood Health Therapies on a new 10-year lease<br />

at £18,000 per annum.<br />

Winchester Cathedral<br />

Market activity<br />

Bacardi have moved their UK offices to Royal<br />

Court, <strong>King</strong>s Worthy, near Winchester, following<br />

the closure of their bottling plant in <strong>South</strong>ampton<br />

Docks. The plant primarily produced the alcopop<br />

Bacardi Breezer, which has seen a fall in popularity.<br />

Colin Bashford Associates (CBA Trees) have taken<br />

a new five-year lease at Apex House, The Apex<br />

Centre, Colden Common, Winchester. The twostorey<br />

suite of 165 m² with 10 car spaces achieved<br />

£25,000 per annum.<br />

Keyhaven Land (Winchester) have sold the freehold<br />

interest in Unit 3 Northgate Chambers, Staple<br />

Gardens, Winchester, to Tax Innovation. The 157 m²<br />

office block achieved the equivalent of £240 m².<br />

47

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