Headlines Magazine - March 2021

HEADLINES INSIDE THIS ISSUE

Growth trail continues with south coast merger

Occupiers - Top tips on how to get your deal done

Coming back to the office post COVID

The deals have been flying in

Along with our full property listings

Expert property advice delivering competitive advantage

HEADLINES

FULLY FITTED & READY TO GO OFFICE SPACE 9,117 SQ FT

PLUS SPECIFICATION

Dear all, Welcome to our latest edition of Headlines magazine. Since our last issue, the way in which we work has been completely changed, with businesses across the South Coast learning to adapt to the current COVID-19 pandemic.

9,117 Sq Ft Furnished office space

Dedicated fibre lease line

Full on-site CCTV

39 car parking spaces

On-site cycle racks

75 workstations

On-site cafe and visiting food trucks

WCs & showers on each floor

Boot camp, Pilates and yoga

Responding to these challenges, we have seen the industrial sector continue to grow, with online retailers such as Amazon looking for new distribution centres. The office market is also looking stronger in 2021 as companies start to look for more collaborative ways to work with their employees.

We are also delighted to announce that our team is expanding with the acquisition of Bournemouth-based Cowling & West. This strengthens our position as the leading property consultants across the South Coast, with three partners and three support staff joining Vail Williams.

For the sixth time in seven years, Vail Williams has been ranked number one by Estates Gazette for office transactions across the M27 corridor which is testament to the Business Space team’s continuous incredible efforts in 2020.

4

Growth trail continues with south coast merger

7

Vail Williams tops office deals for second year

10

Permitted Development Rights: How the changes could create more flexibility

12

The deals have been flying in

In this issue, we discuss some of the challenges occupiers may face in trying to get their deals completed, the government legislation changes to Permitted Development and the Use Classes order, how to tackle outgrowing your property and how a return to the office might look in the future.

16

We also have a complete listing of our office, industrial and retail units currently available to let from page 20 onwards.

17

If you have any questions relating to any of the stories or properties in this edition, contact our team of experts today via our website www.vailwilliams.com or call us on 023 8082 0900.

Is your company out of space?

Occupiers: Top tips on how to get the deal done

19

Coming back to the office post COVID

Gary Jeffries Regional Managing Partner, South Coast

PLUS FLEXIBILITY The part 1st floor of Forum 4 offers 9,117 Sq Ft of fully fitted space, ready for occupation.

As well as providing 75 workstations, the suite also provides a large kitchen/breakout room, 12 person board room and 6 additional small meeting rooms.

theforumsolent.co.uk/plus

To comment on this edition or to advertise with us please contact Talia Jones on tjones@vailwilliams.com or via 07785 535 933

Nik Cox ncox@vailwilliams.com

Steve Williams steven.williams@realest.uk.com

Savannah House 3 Ocean Way, Ocean Village Southampton, SO14 3TJ

vailwilliams.com

PAGE 3

contents

PLUS FURNITURE PLUS FIBRE PLUS FLEXIBILITY

HEADLINES

GROWTH TRAIL CONTINUES WITH SOUTH COAST MERGER We are delighted to confirm that we have expanded our operations on the south coast by merging with Cowling & West.

David is an experienced development, investment and corporate property adviser, Simon West is a corporate property adviser focusing on general agency, development and investment work, and Simon Tubbs provides property valuation expertise, advice on landlord and tenant issues, and acts as an expert witness in property disputes.

Speaking of the merger, David said: “After spending 35 years developing Cowling & West, we are excited to be embarking on the next stage of our careers with Vail Williams – a firm which represents the right fit both for us and our clients.

NEW LEASE AVAILABLE

to Let

5 INTERCHANGE PARK

Based in Bournemouth, Cowling & West specialises in property valuation, office and industrial acquisition and disposal, predominantly throughout Dorset.

ROBINSON WAY, PORTSMOUTH PO3 5QD Location

The firm, which was established 35 years ago, commands a well-respected reputation and client base in the Bournemouth, Christchurch, Poole (BCP) area, where its clients include Ilchester Estates, McCarthy & Stone, Hoburne, Aster Group and Glenbeigh Developments.

Interchange Park is an established industrial estate located within one mile of the M27 via the dual carriageway A2030/Eastern Road.

Portsmouth City Centre and Continental Ferry Port are both approximately 2 miles to the west via the M27. London can be reached via the A3(M) or the M3.

Matthew Samuel-Camps, Managing Partner at Vail Williams, said: “The merger with Cowling & West provides a natural opportunity to extend our geographical reach to the west of our south coast region, which will enhance our ability to service both existing and new clients there.”

We already act for clients in the BCP area from our existing offices in Portsmouth and Southampton, marketing several buildings and developments, including Grange Road Business Park in Christchurch on behalf of BAE Systems, Waverley House in Bournemouth, and County Gates House in Poole.

Our expansion into Bournemouth comes just one year on from our acquisition of UK-wide corporate property advisory firm Trilogie CRE, and three years on from our merger with Hughes Ellard, which created the largest office agency team in the Solent.

This latest deal will see the addition of three experienced partners to Vail Williams, including founding partners David Cowling and Simon West, partner Simon Tubbs and three support staff.

We are pleased to be able to offer our clients the additional benefits that operating as part of Vail Williams will bring, including a much wider range of property services that we will be able to draw on, from business rates advice and building consultancy, to planning expertise.

We have known David and both Simons for many years and knew the firm would be a good cultural fit with Vail Williams. Our joint expertise will benefit clients across the region, and beyond, whilst allowing us to bring on board a team which fits both our high client service standards, and our core values – something which is incredibly important for us to retain as we continue to grow.

Our newly merged firm will continue to be based at Cowling & West’s current offices in the short term, but we have our eyes set on rapid expansion over the next three years.

The new Bournemouth office will be led by Vail Williams partner, Russell Miller, meanwhile Gary Jeffries will continue in his role as Regional Managing Partner of our newly expanded south coast region.

The City of Portsmouth’s considerable commercial and leisure opportunities have led several major companies to locate here including: GKN, Airbus, Pall Corporation, BAE Systems, Astrium, Formaplex.

Steel portal frame with galvanised roof purlins Horizontal profiled insulated built up and composite metal cladding Built up insulated metal roofing system with 15% GRP roof lighting Concrete warehouse floor - uniformly distributed loading of 40kn/sq m 4 no. 4m (wide) x 5m (high) clear opening sectional high lift doors

RENT £339,591 per annum exclusive 32,446 sq ft (3,014 sq m)

Clear height to underside of haunch 8m

CONTACT

Ground & first floor toilets

Want to get to know our newest members of the south coast team?

Contact our Bournemouth office on 01202 558 262 or email Russell on rmiller@vailwilliams.com who will be leading the new office.

RUSSELL MILLER

PAGE 4

vailwilliams.com

8 person passenger lift BREEAM rated Excellent

Russell Mogridge on 07815 737175 or via email at rmogridge@vailwilliams.com

HEADLINES

NEW LEASE AVAILABLE

to Let 25 THE SLIPWAY PORT SOLENT, PORTSMOUTH, PO6 4TR

VAIL WILLIAMS TOPS OFFICE DEALS FOR SECOND YEAR

The office suite is located within the building benefiting from good natural light. The office suite is open plan and benefits from good natural light, a tea point and WC. The office will be extensively refurbished and benefits a suspended ceiling with recessed ‘LED’ lighting, newly carpeted and painted throughout.

Property consultancy Vail Williams has topped the M27 Corridor office agents’ league table for the second consecutive year in Hampshire, recording 160,285 sq ft of office sales and lettings over 12 months.

Internet - the landlord has a leaseline serving the property and available subject to terms.

Location The Slipway comprises a two storey purpose-built office building accommodating a range of marine and non-marine businesses located within an established marina environment. Port Solent is strategically located at the M27 via J12 gateway to Portsmouth, providing excellent accessibility to this prestigious waterfront location.

Estates Gazette, the UK commercial property magazine, compiled the annual Radius Data Exchange M27 Corridor league table from deals recorded from September 2019 to August 2020.

A regionally recognised leisure destination, the broader site benefits from a range of waterfront restaurants and bars, together with a David Lloyd point and WCyd Leisure club and a cinema.

Nik Cox, who leads Vail Williams’ business space team for the Solent region, said: “Thanks to our team’s deep knowledge of the Solent region and what the market wants, we have been able to repeatedly deliver for landlords and occupiers.

A total of 333,206 sq ft was disposed of overall by property agencies. Of that figure, nearly half involved Vail Williams, with 18 deals at an average size of 8,905 sq ft.

RENT £13,500 per annum 718 sq ft (66.70 sq m)

Vail Williams’ deals accounted for 42% of the total office space taken. Clearly the pandemic, with two national lockdowns during this period, has impacted upon activity.

But, as was the case with the global financial crash of 2008-9, shrewd companies look beyond current events. This long-term view has led to enquiries for Grade A office space, which exceed pre-pandemic levels.

• Extensively refurbished

Terms - A new effective full repairing and insuring lease for a term to be agreed. Minimum term of three (3) years.

• Car parking

Legal Costs - Each party to be responsible for their own legal costs incurred in the transaction.

Businesses are searching for upgraded facilities with extra space around each employee, due to social distancing requirements, and quality drop-in hubs for remote workers.

CONTACT

However, there is already a limited supply of Grade A

• Open plan • Attractive waterside location • Excellent access to the motorway network

Russell Mogridge on 07815 737175 or via email at rmogridge@vailwilliams.com

workspace in Southampton and Portsmouth, so some employers looking to relocate may find themselves behind the curve.

It is also worth remembering that offices remain a vital hub for the sharing of ideas, connections, brand, business performance and socialising.

There are some employees who are struggling in cramped space at home, desperate to once again commute and return to some semblance of business normality.”

Due to the slowdown in activity caused by the pandemic, office deals activity was down by 29% compared to the previous 12 months.

Vail Williams, which merged with commercial property consultancy Fareham-based Hughes Ellard two years ago, topped the leaderboard with 261,685 sq ft in 2018/19.

Prior to that, Hughes Ellard was in the number one spot for four out of five years.

As well as leading the latest league table, Vail Williams was highly commended in the 2020 silver anniversary Property Awards category for niche or regional agency team of the year.

Last year the firm also won a clutch of awards in the South Coast Property Awards.

These included offices consultancy of the year, property client service and business park innovation of the year (Lakeside North Harbour).

Looking for advice on your next property? Look no further...

Contact our Southampton office on 023 8082 0900 or email Nik on ncox@vailwilliams for more information

NIK COX

vailwilliams.com

PAGE 7

GROUND FLOOR OFFICE SUITE

NEW LEASE AVAILABLE

to Let

to Let

SUITE A BURLINGTON HOUSE

PORT VIEW

• Open plan office area • Fitted kitchen • Meeting rooms • 9 car spaces • EPC B-50

ONE PORT WAY, PORT SOLENT, PORTSMOUTH, PO6 4TY

Location Burlington House is set within the wonderful grounds of the Botleigh Grange Office Campus.

The office suite is located on the ground floor and is accessed via a large entrance lobby with soft seating area and access to refitted male and female WCs with showers.

RENT £42,695 per annum 2,033 sq ft CONTACT Russell Mogridge on 07815 737175 or via email at rmogridge@vailwilliams.com

MODERN OPEN PLAN OFFICE SUITE

to Let

JELLICOE HOUSE • Stunning environment • Great transport links • 15 parking spaces • Superb facilities • EPC C-75

Location Jellicoe House is set within the wonderful grounds of the Botleigh Grange Office Campus, located a short distance from J7 of the M27.

The office suite is situated on the ground floor and accessed via a large entrance lobby, providing open plan accommodation complete with kitchen and is ready for immediate occupation.

RENT On application 2,911 sq ft CONTACT Russell Mogridge on 07815 737175 or via email at rmogridge@vailwilliams.com

Botleigh Grange is home to major occupiers including Imperial Cars Ltd, Clarke Wilmott, Trethowans Solicitors, HBOS, WYG Planning Consultants, Towergate Insurance and Currie & Brown.

The office suites currently available have recently been refurbished to a high specification and range in size from 200 sq ft - 300 sq ft. There is also the possibility of providing 546 sq ft if two suites were merged together. Suites provide open plan space with meeting rooms and have the option to be furnished. Kitchen and WCs are found communally. Private car parking available on site with 188 in total.

Current occupiers include BT managed by AMS Communications, Parity Trust, Motherson Innovations, Southern Hampshire Primary Care Alliance, Otis Limited and Isadore Goldman.

Location One Port Way comprises a two storey purposebuilt office building accommodating a range of national and local occupiers, situated within an established commercial environment. Port Solent is strategically located at the M27 via J12 gateway to Portsmouth, providing excellent accessibility to this waterside location.

Immediately south of the building is a residential and recognised leisure destination, which benefits from a range of waterfront restaurants and bars, together with a David Lloyd Leisure Club and a cinema.

Refurbished commercial space

Offices for 1 - 30 people

Prominent location with good access to M27

Inclusive rent

Suitable for a variety of uses

Attractive waterside location

24/7 Access

Private parking (188 spaces)

Flexible contracts

Bike store, shower and drying room

RENT On Application 200 to 300 sq ft (18.58 to 27.87 sq m) Terms - Licence agreements are available, further information on request.

CONTACT Matt Cureton on 07786 735596 or via email at mcureton@vailwilliams.com

HEADLINES

PERMITTED DEVELOPMENT RIGHTS: HOW THE CHANGES COULD CREATE MORE FLEXIBILITY The Government has passed the Permitted Development changes from the consultation process in January 2021, but what does it mean for you? Jamie Hanna explores some of the options.

Future Permitted Development Rights The Government is also consulting on an introduction of a new PD right to convert Class E uses (commercial, business and service) to residential. This would allow the following uses to convert to residential use: 1. More opportunity to change to residential: The proposed change will allow many more uses to convert to residential than the previous regulations did with restaurants, indoor sports and crèches being able to change to residential.

2. Impact on existing Article 4 Directions:

Over the last year, the Government has sought to expand Permitted Development rights to encourage additional housebuilding on brownfield sites and streamline the planning process.

Existing Article 4 Directions which removed previous PD rights may no longer apply to the new right. This depends on the final legislation wording, however there could be a period where residential conversions can take place when residential conversions required planning permission.

New Permitted Development Rights

3. More opportunities in Conservation Areas:

In August 2020, the Government passed a suite of new Permitted Development rights for commercial and residential buildings:

Some of the old PD rights were not applicable in Conservation Areas (e.g. retail / financial services to residential). While there is some consideration of this for the ground floor, this is no longer a blanket restriction, meaning that more uses could convert to residential use under this PD right.

• B1 (a, b and c) buildings (under 1,000 sqm) built before 31 December 1989 and rebuild residential • Upward extensions (up to 2 storeys) for existing commercial and mixed uses (Class A1, A2, A3 and B1(a) uses) • Upward extensions (up to 2 storeys) for existing residential buildings to create new flats • Upward extensions (up to 2 storeys) to enlarge existing dwellings • These new Permitted Development rights provide additional options for landowners. However, the regulations are rather complex and applicants will require technical advice to determine if the rights are applicable to their building.

4. Lack of floorspace restrictions will enable complete conversion: There are no floorspace restrictions for the new PD right. Some of the old PD rights had floorspace restrictions (e.g. retail to residential had a floorspace limit of 150 sqm). This means that buildings that could only benefit from a partial conversion (due to the floorspace restriction) could be completely converted to residential.

Overall, this provides much more flexibility to landowners, especially when combined with the upwards extension PD rights.

If you would like more information on the Permitted Development Rights or on the Use Class changes, contact our Planning experts on planning@vailwilliams.com.

NEW LEASE AVAILABLE

to Let

UNIT 21 BOARDWALK, PORT SOLENT RETAIL/LEISURE UNIT The premises are arranged over ground and first floors, with external terraces that have views across the marina basin. The premises have been trading until recently as a restaurant and retain the previous occupiers fit-out. Own enquiries of Portsmouth City Council.

Location Port Solent is an established leisure and tourist destination with an interesting mix of restaurants, bars, shops, a 6 screen Odeon cinema and David Lloyd health club. The premises occupy a prominent position within The Boardwalk and other occupiers include Zizzi, Sir Alec Rose pub, Prezzo, Harvester and Casa Brasil.

PLANNING The premises currently benefit from a Class A3 planning consent but could be suitable for use within Class A4, subject to any planning required being obtained. Interested parties are advised to make their own enquiries of Portsmouth City Council.

SERVICE CHARGE A service charge is applicable to this property, further details on request.

RENT £25,000 per annum 942 sq ft (87.51 sq m) Legal Costs - Each party to bear their own legal costs.

CONTACT Going round in circles with your planning permission? Talk to our experts!

Contact our Southampton office on 023 8082 0900 or email Jamie on jhanna@vailwilliams.com for more information.

JAMIE HANNA

PAGE 10

vailwilliams.com

Tim Clark on 07584 214662 or via email at tclark@vailwilliams.com

HEADLINES

G

G

IN TT

IN

TT

• Office • 11,684 sq ft • Cavendish & Gloucester Properties

PLOT E LAKESIDE NORTH HARBOUR, PORTSMOUTH SEPTEMBER 2020

WATES HOUSE, FAREHAM September 2020

LD

LD

SO

• Office • 18,769 sq ft • Kinto UK Limited

SO

ED

IR

QU

AC

2 CHARLOTTE PLACE, SOUTHAMPTON November 2019

LD

64 LONDON ROAD, SOUTHAMPTON January 2020

SO

BUILDING 1000 LAKESIDE NORTH HARBOUR, PORTSMOUTH October 2020

D RE UI

G IN

TILE EASY HOUSE, WATERLOOVILLE November 2020

LE

• Industrial • 45,447 sq ft • Lowe & Fletcher Ltd

Q AC

TT LE

G IN

BUILDING 310 PROXIMA PARK, WATERLOOVILLE APRIL 2020

• Industrial • 49,830 sq ft • Siva Plastics Limited

• Industrial • 34,408 sq ft • BigNEAT Limited

Our Vail Williams transaction team has been incredibly busy over the past year, despite multiple lockdowns, clocking 130 finalised deals across the South Coast for a diverse range of clients and sectors.

UNIT 2200 MIDPOINT 27, FAREHAM JANUARY 2020

• Industrial • 92,549 sq ft • Siva Plastics Limited

LE

The deals have been flying in

TT LE

3 WEST QUAY ROAD, SOUTHAMPTON JANUARY 2020

The 8-strong team across the Southampton and Portsmouth offices have completed over 850,000 sq ft worth of transactions in 4 different counties, covering acquisitions, disposals, lettings, sales, investments and more during this time.

Here is just a snapshot highlighting some of the key deals that have gone through recently. If you are looking for advice on your next property, get in touch with us today at vwinfo@vailwilliams.com.

UNIT 620 AMPRESS PARK, LYMINGTON October 2020

NEST BUSINESS PARK, HAVANT OCTOBER 2020

ABBEY FRUIT FARM, NETLEY ABBEY January 2020

PAGE 12

vailwilliams.com

vailwilliams.com

• Office and Industrial • 60,107 sq ft • Paloma Capital

LD

• Industrial • 17,040 sq ft • Private Individual

LD SO

• Office • 10,567 sq ft • Aurum Property Group

SO

• Office • 4 acres • Sytner Group

LD SO

• Office • 79,766 sq ft • Kingsbridge Estates

• Residential site • 7.28 acres • Crayfern Homes

PAGE 13

UPGRADE TO HEALTHY SUSTAINABLE OFFICES

5 Waterside Place

3 Waterside Place

4,184 sq ft Available 8 car parking spaces

4,717 sq ft - 20,850 sq ft 50 car parking spaces

OFFICES TO LET FROM 4,184 UP TO 20,850 SQ FT Refurbished office space with breathtaking views over the harbour from every floor.

l l l l l l

Open plan flexible floorplate Communal break out facilities 13 cycle and 18 car parking spaces 2 electric car charging points New shower and changing area Fitwel certification for healthier work place environments

ONEDORSETSTREET.CO.UK #FEELBETTERWORKBETTER

Floor

Sq ft

Sq m

Ground

2,883

268

First

7,679

713

Second

7,460

693

Total

18,022

1,674

Nik Cox 07870 557 410 ncox@vailwilliams.com

Martin Hastelow 07968 550 395 MHastelow@savills.com

3 Waterside Place. Suggested layout for indicative purposes only

La rem st flo ain or ing

5 Waterside Place. Ground floor

l l l l l l

New air conditioning New raised floors Suspended ceilings with LED lighting New shower facilities and WC’s Generous on-site car parking Fitwel - Target 2 star rating

watersideplace-southampton.co.uk

Emma Lockey 07825 357 481 emma.lockey@cbre.com

Nik Cox 07870 557 410 ncox@vailwilliams.com

HEADLINES

IS YOUR COMPANY OUT OF SPACE?

Following the 2008 recession, demand for industrial warehouse units across the UK waned and investors and developers moved

HEADLINES But how will you know what ‘good’ space looks like? How will you know what opportunities exist, what will it cost you and how long will it take?

To answer these questions, it’s important to seek professional advice from property experts who know the manufacturing sector inside out and who can manage the process with you, from start to finish.

THAT’S EXACTLY WHAT OUR PROJECT MANAGEMENT TEAM DOES. We get underneath the skin of your business, spending time with you to understand your operations and what does and doesn’t work, so that we can create a space budget tailored to what your future property model needs to look like.

away from speculative into build-to-suit (BTS) industrial schemes,

Unless your business is changing dramatically and quickly, it will

resulting in a lack of good quality available stock.

invariably be better to invest in the freehold acquisition of space.

As we navigate through the COVID-19 recession, we are seeing

In the majority of cases, this will mean the development of new,

a surge in demand for industrial space, driven primarily by the

more efficient space as we help to create a more cost-effective,

booming e-commerce sector.

bespoke property solution which will add value to your business in

Over 50% of transactions in 2020 were built-to-suit solutions with

the long term.

logistics companies snapping up much of the market’s existing supply. As the likes of Amazon account for almost a third of total

the relocation process; from our Business Space team searching

take up, this leaves many businesses struggling to grow their

and acquiring new sites, our Business Rates team exploring the

portfolios.

impact of a move, to our Project Management team overseeing the

located and have extended their premises over the years, slowly

full cycle from initial concept through to construction and moving in.

adding and amending accommodation as the business has grown or contracted.

simply need to relocate to new or larger premises, our team can

with capacity to future-proof can be the answer. However, this

help deliver a bespoke end-to-end property solution – leaving you to focus on your core business.

4 5 6

Despite the challenges that the COVID-19 lockdowns have presented, deals are still being completed very quickly.

To help you keep your property deal on track in 2021, no matter the economic landscape or lockdown restrictions in place, here are our top tips to help get your property deal over the line.

1 2 3

UNDERSTAND THE APPROVAL PROCESS

Internal agreement and approval can often impact transaction

Make sure you understand the process and obtain buy-in and agree the process to your property strategy from every internal stakeholder before kickstarting your property search.

Whilst economic uncertainty makes it more challenging to put your case forward, recognising the risks in the proposal avoids pitfalls later.

So, if you are out of space, want to consolidate your business or

Due to the restrictions of their freehold, relocating to a new site

TOP TIPS FOR OCCUPIERS ON HOW TO GET YOUR DEAL DONE

timeframes, particularly in larger organisations.

Drawing on the expertise of our in-house teams, we can manage

Many manufacturing businesses own the freehold where they are

2021 PROPERTY DEALS:

ESTABLISH SPECIFICATION, BUDGET & TIMESCALES - THEN BE FLEXIBLE

as having a clear timetable for a potential move. But flexibility is key.

find an appropriate property solution, so it will need significant consideration.

timeframes.

If you have an appointed advisor to assist you with your property requirements, they should do this on your behalf, keeping you in the loop throughout.

ANTICIPATE NEXT STEPS

If you have a clear property preference, request a copy of standard information such as warranties, as well as the landlord’s standard draft lease in advance, as this will help to identify potential stumbling blocks or missing information early on in the process.

Be clear from the outset which fitout works you need to undertake as an occupier and ensure you have plans and specifications available at an early stage.

PLAN FOR THE UNEXPECTED

so ensure you have work arounds in place agreed with your landlord as a back-up plan.

Equally, you may struggle to secure all the details of your fitout, but legal documentation is there to assist you and your landlord.

Property deals can be tricky in these challenging times, but it’s not

Consider the criteria of the project and property you are willing to

compromise on; your ideal scenario may not be deliverable on your

THAT’S WHY HAVING A FIVEYEAR PROPERTY PLAN IS SO IMPORTANT.

landlord and the lawyers to keep transparency and stay on top of

Sometimes, not everything goes to plan in the specified timeframe,

Understand what it is you need in terms of space, location, as well

process is long-winded and can take a minimum of two years to

COMMUNICATION IS KEY

Keep a constant stream of communication between you, the

timeframe, location or in the current climate so be open to other

impossible. Having an experienced advisor on your side to negotiate your deal and provide solutions means you can focus on your business.

possibilities.

MAKE THE MOST OF SITE VISITS

Not only will it ensure that your business can respond

If you are able to coordinate a site visit, try and get as much undertaken as possible, because you may not get another chance to view before agreeing a deal.

as quickly as possible to your changing property needs, it will also enable you to plan effectively for future growth, no matter how scarce land

Get all parties in the deal on site at the same time, adhering to social distancing requirements of course, and discuss practical challenges, whilst getting to grips with the landlord’s processes.

supply is.

Agreeing as much as possible in person avoids yet another Zoom call or lengthy email trail.

We understand your property needs. Come and have a chat with us...

We understand your property needs. Come and have a chat with us...

Contact our Southampton office on 023 8082 0900 for more information.

Contact our READING office on 0118 909 7400 for more information.

CHRIS DAVIES

PAGE 16

NICOLA MOTTERSHAW

vailwilliams.com

vailwilliams.com

PAGE 17

HEADLINES

GOING BACK TO THE OFFICE POST COVID

to Let

AN EXCITING NEW OFFICE BUILDING AVAILABLE SPRING 2021

THE FUTURE OF THE WORKPLACE

MARINERS HOUSE

WATERSIDE GARDENS, FAREHAM, PO16 8SD Location

GROUND

Mariners House is located just off the Delme roundabout, which offers direct access to Junction 11 of the M27 motorway connecting to Fareham Town Centre.

Sainsbury’s superstore and Pure Gyms are approximately a 10 minute walk away, with the town centre, which includes an indoor shopping complex, and railway station within a 20 minute walk.

FIRST

SECOND

Cams Mill, a Fuller’s gastro pub, is located opposite and Cams Golf Club, an award winning 18-hole golf course, is located within a 15 minute walk.

Occupiers in the vicinity include Wartsila UK Limited, Design Unlimited, Mercator Media and Two Saints.

It is recognised that one impact of the COVID pandemic has been a profound change in the way we will now work and what we will demand from our workplaces. Whilst remote working was gathering momentum before 2020, the trend towards more agile working (the mix between non workplace and workplace working) became a necessity for many and in the last 12 months we have seen a compression of 3-4 years of change, particularly for those who were office based, to a flexible working style that is now widely embraced.

the needs of the employer but these are matters that a well-led

Despite initial concerns over a possible loss of productivity, the reality of many organisations is that they have seen an increase in output – typically an average of an extra 43 minutes per day is being delivered by those working from home.

be well equipped to manage remotely.

So, with the arrival of vaccines and the possible gradual reduction

commodity and the widespread continuation of virtual meetings

in the restrictions around social distancing as a consequence, what changes do we expect to see in the workplace once we are in a

Comfort cooling and heating with natural air ventilation

RENT UPON APPLICATION 1,288 TO 5,678 SQ FT

Led lighting with pir sensors

CONTACT

19 car parking spaces

Separate electric sub-meters per floor Opening windows

An area that we consider will challenge employers is the widening needs of the different generations of the workforce. The greatest demand for agile working is from the 30-50 year olds, whilst those 50+ have tended to prefer fully working from home. Those least attracted to home working have been the younger generation (20-30) – the talent of the future who have seen a reduction in job satisfaction as their career development has suffered along with the sociable benefits working offers. This isn’t just down to a lack of home working facilities for that cohort but a recognition they are missing out on vicarious learning and development through a lack of informal interaction with colleagues and managers who may not

With many businesses expecting a mix of home working and officebased working to become the accepted “norm” for the foreseeable future, the question of “what are the 2-3 days in the office for?” will doubtless arise in some quarters. Time is our most precious will, we expect, see a reduction in the amount of time travelling - both for commuting but also for business meetings. Structure to

more settled state?

that time in the workplace will be paramount.

There is no doubt that many employees (and indeed some

The business workplace will need to adapt to deliver the highest

employers) are enthusiastic about their experience with home working and that is likely to be the most obvious trend that will become commonplace. The question of trust and the IT requirements to facilitate non-workplace working have in most

Russell Mogridge on 07815 737175 or via email at rmogridge@vailwilliams.com

business with good employee engagement can address.

cases been overcome and we expect businesses to retain that flexibility to maximise productivity. Of course, it doesn’t come without challenges – around work/life balance, mental welfare

possible quality environment to ensure that employees can extract maximum value from their time spent in the workplace, that employers can retain and enhance the collegiate culture of their businesses to overcome the very real concerns of the younger generations, as well as maintaining an optimal position as employer of choice in what will continue to be a competitive employment market across many sectors.

and the ongoing management of the needs of the employee and

Fed up of working from home? Come and have a chat with us...

2 Electric vehicle charge points

Contact our Southampton office on 023 8082 0900 for more information.

MATTHEW SAMUEL-CAMPS

vailwilliams.com

PAGE 19

current property listings...

Town

Tenure

Sector

Size sq ft

Range sq ft

Rent

Property

Town

Tenure

Sector

Size sq ft

Range sq ft

4 Buttermarket, North Street

Chichester

TO LET

Retail, Restaurant

1493

1493

£55,000.00

Jellicoe House - Ground Floor Suite B, Botleigh Grange Office Campus

95 West Street

Fareham

TO LET

Retail, Restaurant

1950

5600

Hedge End

TO LET

Office

2500

3000

Southampton Crossings, 22 Cumberland Place

Southampton

TO LET

Retail, Office, Healthcare, Leisure

2830

2830

Unit 740 Ampress Lane

Lymington

TO LET

Office

2889

5778

£78,000.00

Drum Court, The Spain

Petersfield

TO LET

Office

11829

11829

Handleys’ Corner, 44-46 Palmerston Road

Southsea

TO LET

Retail, Leisure, Office, Healthcare

3173

24836

£18.00

County Gates House - Ground & 5th Floors, Poole Road

Poole

TO LET

Office

2917

9814

The Corn Exchange, East Street

Chichester

TO LET

Retail, Leisure

5688

5688

£225,000.00

£17.00

Second Floor Building 5000 Lakeside, North Harbour

Portsmouth

TO LET

Office

11259

11259

Unit 20-21 (13 - 15 Westbury Mall) Fareham Shopping Centre

Fareham

TO LET

Retail

2250

4548

£258,950.00

£100,000.00

Suite 1 Ground Floor 2000 Lakeside North Harbour

Portsmouth

TO LET

Office

10407

10407

136 High Street

Gosport

TO LET

Retail

5967

5967

£239,350.00

£65,000.00

West Suite First Floor 4000 Lakeside North Harbour

Portsmouth

TO LET

Office

7908

7908

SU27 - SU29 Meridian Centre

Havant

TO LET

Retail

5795

5795

£181,900.00

Shore House - Ground Floor, Compass Road

Portsmouth

TO LET

Office

4000

10086

Units 9/11 Meridian Centre

Havant

TO LET

Retail

1762

4205

£16.00

£65,000.00

Units 2 & 3 Cumberland Gate, Cumberland Road

Portsmouth

FOR SALE

Office

2388

2388

5 West Street

Havant

TO LET

Retail

1434

1434

£25,000.00

Suite 211 Central Second Floor 1000 Lakeside North Harbour

Portsmouth

TO LET

Office

2242

2242

£51,550.00

Unit 2, 15-17 The Square

Petersfield

TO LET

Retail

3313

3313

Unit D 226-238 Commercial Road

Portsmouth

TO LET

Retail

3509

3509

£70,000.00

373-375 Old Commercial Road - First Floor

Portsmouth

TO LET

Office

1553

1553

£17,000.00

First Floor Bay House, North Harbour Business Park, Compass Rd

Portsmouth

TO LET

Office

1380

5518

213-215 Commercial Road

Portsmouth

TO LET

Retail

2725

2725

£19.00

£45,000.00

Ground Floor Suite East 002 1000 Lakeside, North Harbour

Portsmouth

TO LET

Office

1251

1251

26 The Boardwalk, Port Solent

Portsmouth

TO LET

Retail

942

£28,750.00

942

£25,000.00

2 St Georges Business Centre

Portsmouth

TO LET

Office

1234

1234

20 Churchill Parade, The Street

Rustington

TO LET

Retail

£24,500.00

875

875

£10,500.00

Fairfield House, Kingston Crescent

Portsmouth

TO LET

Office

1112

10672

Phase 3, Bow Square, Bernard Street

Southampton

TO LET

£16.00

Retail

5918

5918

£15.00

Six Quay Point, Northarbour Road

Portsmouth

TO LET

Office

904

4445

Centenary Quay Phase 3, Woolston

Southampton

£13.00

TO LET

Retail

4000

30000

14 The Slipway, Port Solent

Portsmouth

TO LET

Office

749

749

92-93 East Street

£13,000.00

Southampton

TO LET

Retail

2217

2217

£15.00

The Slipway - Availability Schedule, Port Solent

Portsmouth

TO LET

Office

715

2135

£37,350.00

6-8 Civic Centre Road

Southampton

TO LET

Retail

2128

2128

£37,500.00

Office Suites At Gunwharf Quays

Portsmouth

TO LET

Office

699

2476

£24.00

RU27 Centenary Quay, Woolston

Southampton

TO LET

Restaurant, Retail

1659

1659

£35,000.00

Willis House, Willis Road

Portsmouth

TO LET

Office

676

2334

The Spinnaker, 1 Steyne Road, Bembridge

Isle Of Wight

TO LET

Restaurant

9439

9439

12 St Georges Business Centre, St Georges Square

Portsmouth

TO LET

Office

646

646

£15,000.00

Unit 10 Locks Heath Shopping Village, Centre Way

Southampton

TO LET

Restaurant

1497

1497

15 St Georges Business Centre, St Georges Square

Portsmouth

TO LET

Office

469

469

£12,750.00

Site C, Sylcombe Farm, Petersfield Road

Ropley

FOR SALE

Open Storage, Industrial / Warehouse

5000

10000

The Boathouse, Town Quay

Southampton

TO LET

Office

13274

13274

Open Storage New Road, Micheldever

Winchester

TO LET

Open Storage, Industrial / Warehouse

2.7

2.7

£110,000.00

Brunswick Gate, Brunswick Place

Southampton

TO LET

Office

10000

50136

£25.00

Carters Quay

Poole

TO LET

Open Storage

1

2.47

£75,000.00

Southampton

TO LET

Office

5569

5569

£20.00

Port View, One Port Way, Port Solent

Portsmouth

TO LET

Office, Serviced Office

200

2000

Kenneth Dibben House, Southampton Science Park, Enterprise Road

Unit B Chaucer House, Isambard Brunel Road

Portsmouth

TO LET

Office, Retail, Leisure, Healthcare

3272

3272

3 Waterside Place

Southampton

TO LET

Office

4717

20850

MSU5 Meridian Centre

Havant

TO LET

Office, Retail

3279

3279

281 Empress Road - First Floor

Southampton

TO LET

Office

4277

4277

£14.00

5A Edinburgh Road

Portsmouth

TO LET

Office, Retail

2949

8095

5 Waterside Place, Town Quay

Southampton

TO LET

Office

4184

4184

£21.00

69-71 Milton Road, Southsea

Portsmouth

TO LET

Office, Retail

2112

2112

Southampton Science Park - Gamma House, Ground Floor East

Southampton

TO LET

Office

3830

3830

£18.50

69-71 Milton Road, Southsea

Portsmouth

FOR SALE

Office, Retail

2112

2112

Hounsdown House, Hounsdown Business Park

Southampton

TO LET

Office

3500

14411

£17.50

Unit 1, Roebuck House, Lower Banister Street

Southampton

TO LET

Office, Retail

968

968

One Dorset Street

Southampton

TO LET

Office

2992

18246

£24.50

Roebuck House, Lower Banister Street

Southampton

TO LET

Office, Retail

170

2378

Town Quay

Southampton

TO LET

Office

2883

9041

£21.00

Unit 3 Southdown View, London Road

Portsmouth

TO LET

Office, Other, Retail

3012

3012

Delta House, Southampton Science Park, Enterprise Road

Southampton

TO LET

Office

2817

6853

£19.00

Unit 3 Southdown View, London Road

Portsmouth

FOR SALE

Office, Other, Retail

3012

3012

Roman Landing, 35-37 St. Marys Place

Southampton

TO LET

Office

2664

5434

£15.50

Acorn Business Park, Empress Road

Southampton

TO LET

Office, Industrial / Warehouse

280

366

Charlotte Place - Prestigious Offices Suites

Southampton

TO LET

Office

2500

11723

£21.00

Building 49 Broad Oak, Airport Service Road

Portsmouth

TO LET

Office, Hi Tech / Lab

6970

21524

16 Carlton Crescent

Southampton

TO LET

Office

2483

2483

£37,000.00

Unit 2A The Courtyard, Vinnetrow Business Centre

Chichester

TO LET

Office, Healthcare

1225

1225

£22,000.00

42 Botley Road, Hedge End

Southampton

TO LET

Office

2400

2400

Fifth Floor Waverley House, 115-119 Holdenhurst Road

Bournemouth

TO LET

Office

1449

1449

£23,184.00

Compass House, 26 Compass Point

Southampton

TO LET

Office

1900

1900

£12.00

Suite 1 The Courtyard, Vinnetrow Business Centre

Chichester

TO LET

Office

2460

2460

£39,250.00

Oceana House

Southampton

TO LET

Office

1879

1879

£22.50

Sussex House, 12 Crane Street

Chichester

TO LET

Office

1587

2126

£20.00

Part 3rd Floor, The Quay, 30 Channel Way, Ocean Village

Southampton

TO LET

Office

1860

1860

£37,200.00

The Courtyard, Vinnetrow Business Park

Chichester

TO LET

Office

875

7975

White Building, 1-4 Cumberland Place

Southampton

TO LET

Office

1549

1750

£23.00

The Courtyard, Vinnetrow Business Centre, Vinnetrow Road Chichester

TO LET

Office

875

7975

Tagus House, Ocean Village

Southampton

TO LET

Office

1385

4696

£30,000.00

First Floor, North Wing, Signal House, Grange Road Business Park

Anglo City House, 2-6 Shirley Road

Southampton

TO LET

Office

1344

3258

£16.00

Christchurch

TO LET

Office

7210

7210

£10.00

Benham 4, Benham Road, Southampton Science Park

Southampton

TO LET

Office

1227

1227

£23.00

Block A, Grange Road

Christchurch

TO LET

Office

6540

6540

£67,500.00

Compass House, 1-3 The Avenue

Southampton

TO LET

Office

1055

1055

£20,000.00

Building F, Grange Road Business Park

Christchurch

TO LET

Office

2378

7210

£13.25

Endeavour House, 3 Meridians Cross, Ocean Village

Southampton

TO LET

Office

895

2754

£19,000.00

The Green, J13, M3

Eastleigh

TO LET

Office

18500

55000

The Quay, 30 Channel Way

Southampton

TO LET

Office

895

5460

£22.50

New Kings Court, Tollgate

Eastleigh

TO LET

Office

5500

18248

£20.00

First Floor 33 Locks Heath Shopping Village

Southampton

TO LET

Office

774

774

£12,500.00

Hampshire House, 84-98 Southampton Road

Eastleigh

TO LET

Office

4927

25683

£15.00

Unit 14 Hedge End Business Centre, Hedge End

Southampton

TO LET

Office

457

457

£7,500.00

Fusion 3, Solent Business Park

Fareham

TO LET

Office

9634

24213

£18.75

Unit 15 Hedge End Business Centre, Hedge End

Southampton

TO LET

Office

457

457

£7,500.00

Forum Plus, Part First Floor, Forum 4, Solent Business Park

Fareham

TO LET

Office

9117

9117

£22.50

Latimer House, 5-7 Cumberland Place

Southampton

TO LET

Office

445

3885

Prism, 1650 Parkway, Solent Business Park

Fareham

TO LET

Office

4666

14553

£16.50

TO LET

Office

200

30000

Fareham

TO LET

Office

3917

6641

£19.50

Southampton Science Park - AVAILABILITY SCHEDULE, Chilworth Road

Southampton

Forum 5, Solent Business Park Forum 3, Solent Business Park

Fareham

TO LET

Office

3287

27646

£19.50

Oculis House, Eddystone Road

Southampton

TO LET

Office

50

1000

Ground Floor, Delme Place, Cams Hall Estate

Fareham

TO LET

Office

2871

2871

£60,150.00

Roman House, Salisbury Road

Totton

TO LET

Office

4300

4300

£20.00

Spectrum, 1600 Parkway, Solent Business Park, Whiteley

Fareham

TO LET

Office

2577

2577

£16.00

Unit D Wellington Gate - Ground Floor

Waterlooville

TO LET

Office

7500

7500

£80,000.00

119B West Street

Fareham

TO LET

Office

1669

1669

£23,950.00

Ground Floor Office, Leydene House, Waterberry Drive

Waterlooville

TO LET

Office

3681

3681

Wates House, Wallington Hill

Fareham

TO LET

Office

1527

1527

£22,950.00

Newfrith House, 21 Hyde Street

Winchester

TO LET

Office

3325

3325

Mariners House, Waterside Gardens

Fareham

TO LET

Office

1288

5678

£25.00

2nd Floor 2 Royal Court, Church Green Close

Winchester

TO LET

Office

3000

6746

£21.00

The Barn And The Dairy Tapnage Farm, Titchfield Lane

Fareham

TO LET

Office

1000

3508

£76,000.00

Cromwell House, Andover Road

Winchester

TO LET

Office

1500

22879

£20.00

Suite 3 Faretec, Cams Hall Estate

Fareham

TO LET

Office

785

785

£18.50

Canister House, 27 Jewry Street, 1 Exchange Square

Winchester

TO LET

Office

820

820

£22,250.00

27 Ferndown Business Centre, Cobham Road

Ferndown

TO LET

Office

625

3917

£40,000.00

16 City Business Centre, Hyde Street

Winchester

TO LET

Office

790

790

£15,800.00

Endeavour Quay, The Quay

Gosport

TO LET

Office

694

3207

Morelands Court, Hensting Lane, Fishers Pond

Winchester

TO LET

Office

550

2778

Burlington House, Ground Floor West Wing, Botleigh Grange Office Campus

Unit 5 The Boardwalk, Brighton Marina

Brighton

TO LET

Leisure, Retail

2996

2996

Hedge End

TO LET

Office

3200

3200

Unit 4 Market Quay

Fareham

TO LET

Leisure, Retail

7371

7371

£75,000.00

RU 13/14 Centenary Quay

Southampton

TO LET

Leisure, Retail

2743

2743

£35,000.00

PAGE 20

Site Area

Price

£35,000.00 0.82

£30,000.00

£14,500.00

£112,000.00

vailwilliams.com

vailwilliams.com

Rent

Site Area

Price

£285,000.00

PAGE 21

current property listings...

Property

current property listings...

Property

Town

Tenure

Sector

Size sq ft

Range sq ft

Rent

Unit 87 (48 Thackeray Mall), Fareham Shopping Centre

Fareham

TO LET

Leisure, Other, Retail

2481

2481

£57,500.00

Unit 48 (1-3 Thackeray Mall), Fareham Shopping Centre

Fareham

TO LET

Leisure, Other, Retail

390

390

£17,500.00

Yoga/Personal Gym Studio Port Way, Port Solent

Portsmouth

TO LET

Leisure

200

2000

Unit 4 Hedge End Trade Park, Tollbar Way

Hedge End

TO LET

Industrial / Warehouse, Trade Counter / Showroom

2506

2506

Buckmore Park, Winchester Road

Petersfield

TO LET

Industrial / Warehouse, Trade Counter / Showroom

1000

42000

Mountbatten Business Park, 3 Grove Road, Farlington

Portsmouth

TO LET

Industrial / Warehouse, Trade Counter / Showroom

19522

19522

£115,000.00

Unit 5 Mountbatten Business Park, Jackson Close

Portsmouth

TO LET

Industrial / Warehouse, Trade Counter / Showroom

3671

3671

£12.50

7 Hedge End Trade Park

Southampton

TO LET

Industrial / Warehouse, Trade Counter / Showroom

3540

7027

£92,000.00

160b Southampton Road, Titchfield

Fareham

TO LET

Industrial / Warehouse, Trade Counter / Showroom

11009

11009

£165,000.00

Site Area

NEW LEASE AVAILABLE

£52,000.00

Wide Lane

Southampton

FOR SALE

Industrial / Warehouse, Development Land, Open Storage

51836

51836

Units 1 & 4 Ropley Business Park, The Dene

Alresford

TO LET

Industrial / Warehouse

7278

8031

Springfield Park, Bognor Road

Chichester

TO LET

Industrial / Warehouse

3000

100000

£11.50

Unit 7 Woodside Road

Eastleigh

TO LET

Industrial / Warehouse

5150

5150

£50,000.00

Units 31 Parham Drive, Boyatt Wood Industrial Estate

Eastleigh

TO LET

Industrial / Warehouse

3859

11492

36 Brunel Way, Segensworth

Fareham

TO LET

Industrial / Warehouse

74891

74891

33-34 Fareham Industrial Park, Standard Way

Fareham

TO LET

Industrial / Warehouse

11067

11067

£8.50

Logistics City Whiteley, Fulcrum 6, Solent Business Park

Fareham

TO LET

Industrial / Warehouse

8790

50443

£10.50

Unit 3 Logistics City, Solent Way, Whiteley

Fareham

TO LET

Industrial / Warehouse

8665

8665

£10.50

Unit 7 Fareham Industrial Park, Standard Way

Fareham

TO LET

Industrial / Warehouse

5485

5485

32 Fareham Industrial Park, Standard Way

Fareham

TO LET

Industrial / Warehouse

5484

5484

£8.50

5 Castle Trading Estate, Portchester

Fareham

TO LET

Industrial / Warehouse

5416

5416

£45,000.00

Solent Gate, Speedfields Park, Newgate Lane

Fareham

TO LET

Industrial / Warehouse

5056

20135

Concorde Park, Segensworth

Fareham

TO LET

Industrial / Warehouse

3000

43289

6 Bridge Industries

Fareham

TO LET

Industrial / Warehouse

2503

2503

Unit 310 Fareham Reach Business Park, Fareham Road

Gosport

TO LET

Industrial / Warehouse

28802

28802

Unit 610 Fareham Reach Business Park, Fareham Road

Gosport

TO LET

Industrial / Warehouse

28187

28187

Unit 130 Ordnance Business Park

Gosport

TO LET

Industrial / Warehouse

2334

2334

£21,000.00

1 Downley Business Park, Downley Road

Havant

TO LET

Industrial / Warehouse

7519

7519

£57,500.00

1 Downley Business Park, Downley Road

Havant

FOR SALE

Industrial / Warehouse

7519

7519

400-450 Nest Business Park, Martin Road

Havant

TO LET

Industrial / Warehouse

5975

5975

Spring Business Park, New Lane

Havant

FOR SALE

Industrial / Warehouse

3778

59390

10A Solent Trade Park, Solent Road

Havant

TO LET

Industrial / Warehouse

1556

1556

Unit B Railway Triangle, Walton Road

Portsmouth

TO LET

Industrial / Warehouse

120477

120477

Silver Point, Airport Service Road

Portsmouth

TO LET

Industrial / Warehouse

40436

40436

£353,800.00

9 Northarbour Road, Cosham

Portsmouth

TO LET

Industrial / Warehouse

34018

34018

£6.75

5 Interchange Park, Robinson Way

Portsmouth

TO LET

Industrial / Warehouse

32342

32342

£10.50

2500 Blueprint, Portfield Road

Portsmouth

TO LET

Industrial / Warehouse

25474

25474

£8.50

Unit 6-7 Voyager Park South

Portsmouth

TO LET

Industrial / Warehouse

23029

23029

£213,018.00

20 Fitzherbert Road, Farlington

Portsmouth

TO LET

Industrial / Warehouse

16468

16468

£85,000.00

Voyager Park, Unit E2, Portfield Road

Portsmouth

TO LET

Industrial / Warehouse

13493

13493

£11.00

Unit A12 And A13 Railway Triangle, Walton Road

Portsmouth

TO LET

Industrial / Warehouse

10705

10705

Building 37 Broad Oak, Airport Service Road

Portsmouth

TO LET

Industrial / Warehouse

7723

7723

13 Herbert Street

Portsmouth

TO LET

Industrial / Warehouse

6720

6720

Unit A5 Railway Triangle, Walton Road

Portsmouth

TO LET

Industrial / Warehouse

5402

5402

Railway Triangle, Walton Road

Portsmouth

TO LET

Industrial / Warehouse

5380

10705

Voyager Park, Units E5 And E10, Portfield Road

Portsmouth

TO LET

Industrial / Warehouse

3912

10993

£11.00

Unit 8 Mitchell Way

Portsmouth

TO LET

Industrial / Warehouse

3495

3495

£11.00

6 & 7 Fairway Business Centre, Airport Service Road

Portsmouth

TO LET

Industrial / Warehouse

2800

2800

£22,000.00

Voyager Park, Portfield Road

Portsmouth

TO LET

Industrial / Warehouse

2444

37323

£10.50

Unit D Highgrove Industrial Estate

Portsmouth

TO LET

Industrial / Warehouse

2441

2441

£21,375.00

Unit C Highgrove Industrial Estate

Portsmouth

TO LET

Industrial / Warehouse

1781

1781

£21,375.00

18-21 Ordnance Court, Ackworth Road

Portsmouth

FOR SALE

Industrial / Warehouse

1522

14864

Unit 5 Sopwith Park, Concorde Way

Segensworth North/Fareham

TO LET

Industrial / Warehouse

20285

20285

£168,000.00

First Avenue

Southampton

TO LET/FOR SALE

Industrial / Warehouse

33708

33708

£150,000.00

Unit C & D Centurion Park, Bitterne Road West

Southampton

TO LET

Industrial / Warehouse

11463

23467

16A Westfield Industrial Estate, Horndean

Waterlooville

TO LET

Industrial / Warehouse

7286

7286

Unit K2 Hazleton Interchange, Horndean

Waterlooville

TO LET

Industrial / Warehouse

3940

3940

Portsdown Technology Park - Southwick Road

Portsmouth

TO LET

Hi Tech / Lab, Office

2000

19186

Southampton Science Park - Benham Campus Plot 1, Chilworth

Southampton

FOR SALE

Hi Tech / Lab, Office

30600

30600

Southampton Science Park - 5 Benham Campus

Southampton

TO LET

Hi Tech / Lab, Office

2260

3340

Southampton Science Park - Epsilon House, Chilworth

Southampton

TO LET

Hi Tech / Lab, Office

495

1173

3 Development Platforms, Little Park Farm Road, Segensworth West

Fareham

FOR SALE

Development Land

20000

200000

Endeavour Quay, The Quay

Gosport

TO LET

Office

694

3207

Burlington House, Ground Floor West Wing, Botleigh Grange Office Campus

Hedge End

TO LET

Office

3200

3200

PAGE 22

Price

1.33

£1,850,000.00

to Let

CENTENARY QUAY, WOOLSTON, SOUTHAMPTON, HAMPSHIRE SO19

Centenary Quay is a new mixed use development on the banks of the River Itchen. The Itchen Bridge provides direct access to Southampton City Centre and the motorway network.

£21,275.00

£795,000.00

£20,000.00

There are currently 1,000 residents living at Centenary Quay and when completed, the development will provide up to 1,620 residential dwellings, a day nursery and library.

Dominant position on main plaza of Centenary Quay Delivery area with storage The accommodation is capable of sub-division, further details on request

£55,000.00

Suitable for retail, leisure or offices

RENT Upon application AVAILABILITY Retail/Leisure/Office Units are available from 1,659 sq ft to 30,000 sq ft on new effectively full repairing and insuring leases, or leases for a term of years to be agreed.

£50,000.00

0.72 Hectares £23.00

11.50 sq ft

£112,000.00

vailwilliams.com

Legal Costs - Each party to pay their own legal costs.

CONTACT Tim Clark on 07584 214662 or via email at tclark@vailwilliams.com

vailwilliams.com

OUR OFFICES BIRMINGHAM

GATWICK

LONDON

BIRMINGHAM

GATWICK

Edmund House 12-22 Newhall Street Birmingham B3 3EF T: +44 (0)121 654 1065

Unit 4 Peveril Court 6-8 London Road Crawley, West Sussex RH10 8JE T: +44 (0)1293 612600

LONDON 2nd Floor, Cavendish Square Marylebone, London W1G 0PW T: +44 (0)20 3589 0050

SOUTHAMPTON

PORTSMOUTH

Savannah House 3 Ocean Way Ocean Village Southampton SO14 3TJ T: +44 (0)2380 820900

Lakeside North Harbour Western Road Portsmouth PO6 3EN T: +44 (0)2392 203200

SURREY One Crown Square Woking Surrey GU21 6HR T: +44(0)1483 446800

Building Consultancy Business Rates Consultancy Commercial Property Investment Lease Advisory

SOUTH COAST

SURREY

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BOURNEMOUTH The White House 170 Magna Road Canford Magna Wimborne BH21 3AP T: +44 (0)1202 558262

LPA Receivership Marine and Leisure Occupier Advisory Property Acquisition and Disposal Property Asset Management

THAMES VALLEY

READING

HEATHROW

550 Thames Valley Park Drive Reading RG6 1PT T: +44(0)118 909 7400

450 Bath Road West Drayton Heathrow UB7 OEB T: +44(0)2085 648300

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Property Development Consultancy Property Planning Consultancy Property Valuation