Fort Wallington Industrial Estate is Full Up!

Having suffered the misfortune of several tenants falling into receivership and lease expiries, the landlords were left with a significant void. The decision was taken to refurbish and demolish some of the vacant units to increase the yards and modernise the units.

The last 12 months has seen the following lettings completed.

C1 - 11,271 sq. ft. (1,048 sq m) let to Hampshire Pallets on a 10 year lease

H/J - 20,456 sq. ft. (1,900.3 sq m) let to Modular Airspace Systems on a 5 year lease

G1 - 6,864 sq ft (638 sq m) let to In2 Solid Surfaces

G2 - 6,900 sq ft (641 sq m) let to Hot Tub Care

G3/4 - 13,682 sq ft (1,272 sq m) let to Hunts Foodservice

G5 - 13,751 sq. ft. (1,277 sq m) let to Excel Pumps

N - 9,068 sq ft (842 sq m) let to Red Spider Climbing

These have all been completed at rents close to the quoting terms of £5-5.50 per sq ft.

Hellier Langston director Andy Hellier commented ‘It is a real barometer of the growing level of occupier demand for industrial property across the South Coast. The number of enquiries being received by our industrial agency team has been increasing steadily over the last 18 months. Fort Wallington has always been a popular industrial location due to its proximity to the M27, however, the changes to the estate including the creation of secure yards, resurfacing of the estate road and refurbishment of the units has led to a wider variety of occupiers being attracted to the estate.’