Fordingbridge: Myddelton & Major reports new development almost sold out
Salisbury-based chartered surveyors Myddelton & Major, agents for phase three of the Glasshouse Studios in Hampshire, have reported that 10 out of the 12 units have been pre-let or sold, even before construction ends.
The timber and glass office scheme, developed by HHM Developments, comprises two separate terraced buildings, with six self-contained offices in each, on a sloping landscaped site with sweeping views across Avon Valley fields towards the western escarpment of the New Forest.
BrightSpace, the architectural practice founded in 2010, now employing 25 people, and led by directors Eric Sey, Mark Amey and Martin Dobbs, designed the scheme with the developer. It will be the anchor occupier, having signed a lease on the entire first floor on the lower terrace.
Philip Holford, the senior partner at Myddelton & Major, said: “The vast majority of the designed-for-use office space has been taken up by expanding smaller businesses attracted by the unique environment. The strong demand demonstrates that there is genuine appetite for high-standard offices in and around the Avon Valley and away from commuter hotspots such as Ringwood, Bournemouth, Southampton and Salisbury.”
He added: "Another demand factor is also coming into play across the region – a number of offices are being converted into flats, under permitted development rights, further squeezing supply."
HHM Developments of Fordingbridge, which specialises in bespoke commercial, residential and agricultural builds, took less than 12 months to complete the scheme, including land purchase, design, planning permission and construction.
Glasshouse Studios has three main buildings: The Glasshouse, with 10 offices, The Courtyard, with nine offices, and the 12 offices in the latest phase.
