1 & 2 The Nelson Centre, Portfield Road, Portsmouth
Detached Industrial Warehouse Units 11,200 - 29,989 sq. ft. (1,040-2,785m²)
4th FLOOR, ENTERPRISE HOUSE, OCEAN WAY, SOUTHAMPTON
Modern Offices to let - 5,121 sq. ft. (475.8 m²)
5 & 6 BOYATT WOOD INDUSTRIAL ESTATE, GOODWOOD ROAD, EASTLEIGH
Industrial warehouse unit to let 11,209 - 22,526 sq. ft. (1,042-2,094m²)
FIRST FLOOR, BAY HOUSE, COMPASS ROAD, PORTSMOUTH
Modern open plan offices to let - 5,518 sq. ft. (512.6 m²)
9 Pioneer Park, Portfield Road, Portsmouth
Industrial and Distribution Warehouse 7,344 sq. ft. (682.2 sq. m.)
8 FAREHAM INDUSTRIAL PARK, STANDARD WAY, FAREHAM
Mid-terrace industrial unit to let - 5,511 sq. ft. (512m²)
1-4 Totton Business Park, Southampton
Industrial/Warehouse/Trade Counter Units 4,400 - 31,430 sq. ft. (409 - 2,920 m²)
Radial 27, 11 Barnes Wallis Road, Segensworth, Fareham
Detached Warehouse/Industrial Unit 71,542 sq. ft. (6,646.28 sq. m.)
Office Investment Disposal – Technology House, Parklands Business Park, Denmead
Hellier Langston has, for a number years, managed several properties at Parklands Business Park for a number of landlords.
What we did
Hellier Langston quickly identified Technology House as the property within the portfolio with greatest potential value and demand. Technology House is a 4,611 sq. ft. (428 sq. m.) office let to WCI Consulting for a term of 25 years from December 1989 at a rent of £52,500 per annum. With our extensive contacts of local investors, Hellier Langston targeted a number of potential purchasers who would be attracted to a high yielding investment opportunity, with a good covenant and with future asset management opportunities. Terms were agreed with a local investor and the sale completed in June 2013.
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The landlord of Technology House had encountered funding difficulties resulting in the properties falling into the hands of Receivers. With a number of the properties being vacant, with very little letting demand, Hellier Langston were instructed by the Receiver to maximise the returns from the portfolio.
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