Legal & General Property has let its entire Friary House building at Station Road, Godalming, to Hotelplan, the parent company of specialist tour operators Inghams, Inntravel, Esprit Holidays and Ski Total.
Hotelplan has taken the entire 20,721 sq ft building on a 15-year lease at a rent of £18.40 per sq ft. Hotelplan is bringing together two elements of its business in Godalming: Inghams Travel, currently based in Putney, and Esprit Holidays, based in Fleet.
The letting follows closely behind the comprehensive refurbishment of the part-1970s, part-1980s building. This was completed in April 2011 in line with LGP’s initiative to improve the sustainability performance of all properties across its platform.
Knight Frank and Kingstons represented LGP,
Property Week – Dec 2011