TechPoint Electronic Solutions Limited sought to consolidate its UK operations into a single headquarters at VPark, Basingstoke. The transaction involved coordinating lease negotiations and exit strategies across multiple sites to meet a strict relocation timeline.

The Client

TechPoint is a private company specialising in design support, supply chain solutions, and electronics manufacturing services (EMS). With a turnover of approximately £30 million and 150–200 employees, the company aimed to streamline operations by relocating several group companies into one centralised HQ.
 

The Challenge

The client needed to:

• Secure a new lease for a large unit at VPark, Basingstoke.
• Align the relocation with break dates at various existing UK sites.
• Ensure a smooth transition without operational disruption. Timing was critical, and the transaction required careful coordination across multiple properties and legal documents.

Our Approach

We provided end-to-end legal support, including:

• Full property due diligence on the new HQ site.
• Negotiation and completion of the Lease, Rent Deposit Deed, and Licence for Alterations to enable fit-out works.
• Advice on termination rights and responsibilities at the client’s existing sites.
• Exercising break rights to ensure a seamless relocation.

The Outcome

The lease was completed in February 2025, enabling the client to relocate on schedule. The transition was smooth, cost-effective, and aligned with the client’s operational goals. The new HQ now serves as a central hub for TechPoint’s UK operations.

The Team

Rachel Duncan

Partner, Real Estate

Anna Svensson

Senior Solicitor, Real Estate

Charlotte Keeper

Solicitor, Real Estate