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South Coast Metropole South Coast Metropole - King Sturge

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Rok have completed a £1 million mixed-use scheme<br />

in Cumberland Road, Portsmouth. The former Coop<br />

Dairy site has been developed into a five-storey<br />

building providing 64 two-bedroom apartments and<br />

seven self-contained offices on the ground floor<br />

totalling 8123 m².<br />

Nucar have taken a new 10-year lease on the newly<br />

refurbished industrial unit at Unit 1 Applied House,<br />

Fitzherbert Spur, Farlington. Kindale achieved<br />

£56,880 per annum on the 883 m² unit.<br />

BST Warehouses have acquired the long-leasehold<br />

interest in Unit 2, Dock Road, Gosport, for £825,000.<br />

The 337 m² unit adjoining the Asda car-park produces<br />

a rent income of circa £41,000 per annum.<br />

TMB Solutions (186 m²) and a 210 m² unit to Kahrs<br />

(UK). The sales follow the completion of highways<br />

improvements to Harts Farm Way.<br />

Dent-Art have taken a new 12-year full repairing<br />

and insuring lease on Unit F2 Cumberland Business<br />

Centre, Northumberland Road, Portsmouth. The 68<br />

m² unit achieved £8,800 per annum.<br />

SEGRO have let two units within their Railway<br />

Triangle development in Portsmouth. Cog Ice Cream<br />

have taken a new five-year lease on 115 m² at a rent<br />

of £12,000 per annum. Kear have taken a 10-year<br />

lease on 188 m² at a rent of £17,200 per annum.<br />

Portsmouth historic dockyard<br />

Durngate Properties have sold 21 out of 23 units on<br />

their 4,645 m² Endeavour Business Park in Penner<br />

Road, Portsmouth. The latest acquisitions are from<br />

41

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