Hampshire: LSH announces new industrial space for starved South Coast market
LSH and Hellier Langston have announced that Aviva Investors has brought to market two speculative high-quality industrial units at Kite’s Croft Business Park, Fareham.
The units, which will comprise around 40,000 sq ft of new distribution and office space, are the first speculative developments to be built around the commercial hub of the M27’s junction nine in recent years, despite high occupier demand across the industrial sector. Both units are anticipated to be completed in by the end of March 2016.
Unit 10 will provide 27,825 sq ft of ground-floor distribution and industrial space with minimum height of nine metres, alongside a further 2,560 sq ft of first-floor office and ancillary space. The unit will also include a secure concrete yard, 26 car parking spaces, shower and toilet facilities and a glazed entrance lobby.
Located adjacent to Unit 10, Unit 3 comprises 8,019 sq ft of production and industrial space with minimum height of nine metres and 1,517 sq ft of first-floor office accommodation. The unit also provides a secure yard and 14 parking spaces.
