Healthy demand for larger industrial units

Demand for mid to larger range industrial properties within the local area continues as Sibbett Gregory report completion of four new significant lettings.

At Holton Heath, Sibbett Gregory, acting jointly with Savills, have negotiated the letting of a 17,000 sq ft industrial building to an electronics company relocating from Nuffield.  The letting completed following refurbishment of the building.

An 11,900 sq ft industrial building with yard at Dawkins Road, Hamworthy attracted interest as soon as it came to the market resulting in a letting to an international company based in Poole.

The popularity of Newtown Business Park, Poole remains evident.  Acting for Standard Life Investments, Sibbett Gregory arranged the letting of two 10,000 sq ft units to a national windows company and locally based company supplying specialist products.  These units also attracted interest within a short period following completion of reinstatement works.

Jonathan Sibbett comments that: “This healthy activity in the industrial market is a very positive indicator for the Dorset economy.”