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South Coast Metropole South Coast Metropole - King Sturge

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Investments. The building has been divided into<br />

three and refurbished, including replacing the<br />

cladding to the elevations and roof. Matthew Clark<br />

have taken1,764 m² at an annual rent of £142,387<br />

pa (£81 m²) and Paul Murray 1,040 m² at £83,932<br />

pa (£81 m²). The last unit is currently under offer to<br />

Gordons Fine Foods.<br />

On the Nursling Industrial Estate, close to J3 of<br />

the M27 to the west of <strong>South</strong>ampton, there have<br />

been a number of significant lettings. Greatstar<br />

have taken a new 10-year lease at SEGRO’s Vista<br />

Nova scheme on Vista Park <strong>South</strong>ampton. The unit<br />

comprised a modern high-specification building with<br />

an 8m eaves height and achieved a rent of £70 m².<br />

In Winchester Store Property Investments have let<br />

Unit G on the Bar End Industrial Estate to White &<br />

Co. The unit is 1,550 m² and the company have taken<br />

a new 15-year lease at an annual rent £125,100 pa<br />

(£81m²).<br />

Vista Nova, Nursling<br />

<strong>South</strong>ampton Docks<br />

Legal & General have let 3,816 m² to DART Praha at<br />

£67 m² at 30 Moorside Road on the Winnall Industrial<br />

Estate in Winchester. The company is based in the<br />

Czech Republic and will be manufacturing external<br />

cladding systems for large UK public building<br />

projects, including Portsmouth Hospital.<br />

In <strong>South</strong>ampton, Chancerygate have started on site<br />

on Phase 1 of their 4.047 hectare edge-of-city-centre<br />

industrial development. The scheme will comprise<br />

a Helical Trade Centre of 12 units totalling 5,971 m²<br />

GLA at a quoting rent of £161 m². The units will have<br />

an enhanced planning consent of B1c, B2 and B8,<br />

permitting up to 30% of the floor area of each unit<br />

to be used for trade counter use up to a maximum<br />

of £150 m². The remainder of Phase 1 will comprise<br />

a Chancerygate Business Centre of 6,090 m². The<br />

units will range in size from 234 m² to 1,239 m²<br />

and are available long leasehold from £1,400 m² to<br />

£1,507 m² depending on size.<br />

<strong>South</strong>ampton Container Logistics have let 2,415 m²<br />

warehouse on a new 10-year lease at a rent of £62<br />

m². They have taken the newly refurbished Unit 11<br />

Oriana Way from AXA Sun Life for their warehouse<br />

and distribution business serving <strong>South</strong>ampton<br />

Docks.<br />

Aqua Pacific have leased Unit 10 Oriana Way from<br />

the Electricity Supply Nominees Fund, managed<br />

by CBRE Investors. The company which has been<br />

expanding its Pond One aquarium business in the<br />

UK. The company has taken 5,667 m² on a new<br />

five-year lease at a rent of £54 m².<br />

Further east on the Matrix Park development<br />

Segensworth <strong>South</strong>, near Fareham, IPIF have let<br />

two further units. Unit 5 totalling 3,161 m² has been<br />

let to Futurama on a new five-year lease at a rent<br />

of £70 m². The company will distribute new and<br />

reconditioned office furniture.<br />

11

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