Acting on behalf of family-run business, Southampton Builders Ltd, Keygrove Chartered Surveyors and Joint Agents have completed a trio of property deals on the Chandlers Ford Industrial Estate.
Unit 2 Discovery Park, Brickfield Lane, a 4,380 sq ft modern industrial unit, has been let to Recuperma UK Ltd – a German firm specialising in metal recycling machinery and equipment. A new five year lease has been agreed, at a rent of £32,000 per annum. Further industrial space at Unit 2 Warrior Park, Eagle Close, totalling 3,385 sq ft, has been let to Freedom Air Conditioning at a rent of £18,000 per annum. Freedom Air Conditioning is expanding, being already located in Eastleigh. Finally, an office suite of 1,250 sq ft at Anchor House, School Lane has been let to Arlington Accountants at a rent of £15,662 per annum.
Southampton Builders Ltd has owned and developed the majority of Chandlers Ford Industrial Estate over the last 30-40 years. Andrew Archibald, Director of Keygrove, says “Our clients have continually reinvested in the Estate and as units become vacant, full refurbishment programmes have been carried out to modernise and maintain the quality of the units. Plans are now in place to redevelop parts of the estate.”
“The latest new tenants were attracted to the estate because of the quality of the refurbished units, which acknowledge the demands of the modern occupier. Work is due to start imminently on Winchester House, School Lane, which will be partly redeveloped and fully refurbished to provide an impressive 13,000 sq ft industrial showroom unit with main road prominence. We anticipate a lot of interest in this building from trade counter occupiers, especially given the estate’s location and proximity to the M3 and M27.”