Portsmouth Estates have announced the letting of Paterson House, a Grade II listed barn conversion totalling 5,968 sq ft with 34 on site car spaces, to Insignia Medical Systems who have taken a 10 year lease subject to a 5th year break option at a headline rental of £95,000 per annum exclusive.
Insignia Medical Systems, are a leading UK based PACS (Picture Archiving and Communications System) provider. The successful company with 35 staff currently has a turnover in excess of £3.5M and specialises in medical applications. They deliver their services exclusively to the NHS and UK private providers. Insignia have been continuously growing for the last 15 years and have now outgrown their current premises.
Richard Dormer, Managing Director commented, “We are excited about our new office move to Paterson House which ties in with our 15th birthday celebrations taking place in December. The new location will provide us with more space for future company growth with a wonderful working environment for our team”.
Viscount Lymington of Portsmouth Estates said “We are delighted to welcome Insignia Medical Systems to Paterson House which is a stunning building and we feel sure will provide a good base for Insignia’s ongoing growth and expansion.
As a result, we now only have Hooper House remaining at Hatch Warren Farm which provides a total of just over 1,000 sq ft in an attractive single storey barn conversion together with 6 car spaces”.
Andrew Newman of letting agents Hollis Hockley said “Paterson House is a truly stunning Grade II listed barn conversion which was undertaken by Portsmouth Estates in 2000. Hatch Warren Farm now only has 1,000 sq ft remaining in a self contained building but we are delighted to welcome any further enquiries for commercial office space on the Estate within the general Basingstoke area.
