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High demand for small industrial units in Southampton area, says Keygrove

28 November 2023
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Keygrove Chartered Surveyors said it had completed several small industrial unit transactions - picture Keygrove
Keygrove Chartered Surveyors said it had completed several small industrial unit transactions - picture Keygrove

There is continuing demand for small industrial units in the Southampton area, according to commercial property-focused surveyors Keygrove.

The company reevaled it had completed several recent transactions showing the market for small business was "bouncing back" from a period of economic uncertainty.

Lettings completed include unit 23 at the Test Valley business centrein Nursling; unit 2 at Fernacre Business Park in Romsey; unit 6 at the Muira industrial estate in Northam, and unit 11 and unit 13 at Vancouver Wharf in Woolston.

Meanwhile, the freehold sales of unit 3, Radcliffe Court in Northam and Unit 9, Winchester Hill Business Park in Romsey have also completed recently, the firm noted.

"Now the new-build units at Winchester Hill Business Park are completed, demand has really accelerated, the units have been well received by the market," said Lauren Udall, director at Keygrove.

"With space ranging from 1528 – 2896 sq ft, all have ample car parking and provide small businesses with a fantastic opportunity to either lease or purchase their own business space.

"All remaining units comprise of a spacious warehouse and modern office space."

Three further units at Winchester Hill Business Park are under offer, along with Unit 4 City Commerce Centre and 14-15 Vancouver Wharf.

For more information, people are asked to contact James Allen at Keygrove Chartered Surveyors.

Visit Hampshire Biz News for bright, upbeat and positive business news from the county


Giles Gwinnett is a writer at The Business Magazine. He has been a journalist for more than 20 years and covered a vast array of topics at a range of media settings - in print and online. After his NCTJ newspaper training, he became a reporter in Hampshire before moving to a news agency in Gloucestershire. In recent years, he has been covering the financial markets along with company news for an investor-focused web portal. His many interests include politics, energy and the environment. He lives in Dorset.

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