Local property company snaps up desirable warehouse unit in Eastleigh
Hampshire-based Craigard Investments is celebrating a further increase to their portfolio through the purchase of a much sought–after warehouse unit located in Parham Drive, Eastleigh.
The 110,740 sq ft site was most famously occupied in the past by Nintendo, and Craigard will undertake a complete refurbishment before making the site available for purchase or rental.
Eastleigh is a well established location for businesses, with easy access to the M3 and M27 motorways, Southampton Airport Parkway railway station and airport links, which is making this once relatively small town a major business landmark in South Hampshire. The current occupier is Peters & May, a logistics firm that are relocating to reorganise their operations. Lambert Smith Hampton was acting on their behalf and were quick to snap up the site.
Craigard Managing Director, Paul Foster explains his motivations behind the purchase, “We were very lucky to secure a great site such as Parham Drive. Many big organisations have recognised the potential of Eastleigh already, and hopefully the new occupants will bring increased wealth to the area, as well as potential employment opportunities locally.”
Jerry Vigus, Director of Lambert Smith Hampton added, “We acted quickly to secure the property for Craigard Investments, who we have a good working relationship with, and we know that they would be best placed to work on such a project with their experience on previous projects.
We have already had a number of enquiries from interested companies, who potentially would have a warehousing requirement. This building is fairly unique in the area, and offers companies dock and level loading access on a self contained, secure site, and was constructed with a minimum eaves site of 12.5 meters.”
We have been involved in a number of projects with Craigard Investments, and we knew that they would be best placed to.
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