Property search

Fareham Borough Council

24/10/2013

Hellier Langston were instructed by Fareham Borough Council to provide advice and acquire suitable commercial property investments as part of a strategy by the Council to optimise returns on Council investments.

As a result of our advice and searches, Hellier Langston acquired the Council’s first commercial property investment in August. This was Clifton House in Brunel Way, Segensworth. The property is let to contact lens manufacturer Sauflon for a term of ten years from March 2013 at a rent of £162,000 per annum. The purchase price paid by the Council reflected a net initial yield of 9%.

The vendors were advised by Primmer Olds and Singer Vielle.

Contact us

Our Offices

Fareham Office

Hellier Langston
Ground Floor
E1 Fareham Heights
Standard Way
Fareham
Hampshire
PO16 8XT

01329 220111

Southampton Office

Hellier Langston
Enterprise House
Ocean Village
Southampton
SO14 3XB

02382 022111

Follow us