High Profile Letting Completed at Fareham Industrial Park

  • Author: Andy Hellier

16 Fareham Industrial Park

Acting on behalf of a Standard Life Investments, Hellier Langston have completed a letting of over 61,000 sq ft of distribution space at Fareham Industrial Park, Fareham.

Parcel distribution firm City Link have taken units 14-16 on new ten year lease at a rent equating to £5.65 per sq ft.

City Link saw Fareham Industrial Park as an ideal location to replace their Southampton depot. Simon Gadd, Network Director, City Link commented ‘It is ideally situated and the right size to enable us to grow our presence within the region and provide us with the flexibility to continue to deliver the high levels of service our customers expect.”

 Will Fulton, Standard Life Fund Manager, commented, "It is satisfying to be able to welcome such a well known occupier as City Link to our estate. This letting demonstrates the continuing demand from industrial and logistics occupiers for properties with the right mix of quality accommodation in the right location, such as Fareham Industrial Park."

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