Unit 4 Boyatt Wood, Eastleigh
Modern Industrial /Warehouse Unit 10,785 sq. ft. (1,002 sq. m.)
Carlton House, Netley Marsh, Hampshire
Development opportunity 5.6 acres (2.27 ha)
3 St George's Industrial Estate, Eastleigh
End of Terrace Industrial/Warehouse Unit 13,024 sq. ft. (1,210 sq. m.)
3 Sun Valley Business Park, Winchester
Industrial/Warehouse Unit 3,014 sq. ft. (280 sq. m.)
1 Boyatt Wood, Eastleigh
End of terrace Industrial/Warehouse Unit - 23,222 sq. ft. (2,167.72 sq. m.)
610 Fareham Reach, Gosport
Industrial/Warehouse Unit 28,187 sq. ft. (2,618.62 sq. m.)
Unit 5 Matrix Park, Segensworth, Fareham
Modern Industrial/Warehouse Unit 34,026 sq. ft. (3,161 sq. m.)
14 St John's Road, Hedge End
Modern Ground Floor Offices 2,565 sq. ft.
Merlin Quay, Hazel Road, Woolston
Industrial Units & Wharf Access 77,278 sq. ft.
300 Fareham Reach, Gosport
Newly Refurbished Industrial/Warehouse Unit 42,995 sq. ft.
6 Stanstead Road Trade Park, Goodwood Road, Eastleigh
End of Terrace Trade Counter Unit 7,511 sq. ft.
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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