SLI’s Fareham Industrial Park now fully let

  • Author: Andy Hellier
  • Date: 5th January 2018

FIP aerial

The Standard Life Investments Heritage with Profits Fund has secured three lettings for Fareham Industrial Park, Hampshire – totalling over 80,000 sq ft and taking the 450,000 sq ft scheme to fully let.

Armorgard, a leading manufacturer of secure storage for tools and equipment, has taken 60,000 sq ft, whilst HRP Limited has taken 5,500 sq ft – both on ten-year leases.  Completing the trio of lettings, refrigeration and air conditioning distributer Kooltech has relocated on the estate, expanding from 5,500 sq ft to 15,000 sq ft on a ten-year lease.

Overall, the Park consists of 450,000 sq ft of refurbished industrial accommodation, and is based just off the M27 corridor – providing easy access to London and the wider South-East region.

Craig Thomson, Fund Manager, says “these lettings cement Fareham Industrial Park’s position as one of the Solent region’s prime industrial and distribution locations.  The Park has performed extremely well over the last few years and the fact that it’s now fully let demonstrates the continuing demand for this kind of industrial space.”

The Standard Life Investments Heritage with Profits Fund was jointly advised by Hughes Ellard and Hellier Langston.

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