Latest commercial property news from Lambert Smith Hampton

Lambert Smith Hampton letting brings first indoor trampoline park to the South Coast

Following an instruction from Fidelity International, Lambert Smith Hampton Fareham has secured a letting to Flip Out UK in Portsmouth, which will bring the first indoor trampolining park to the South Coast. The 18,850 sq ft letting at Harbourgate Business Park has been signed on a ten year lease.

Flip Out UK is the national branch of Flip Out Trampoline Arena, an Australian company, envisioned by CEO Brent Grundy as being a trampolining space for bouncers of all ages. The company offers party packages as well as fitness classes, bringing new sporting options to the residents of Portsmouth, with both ‘Little Ninjas’ classes for children and their ‘Flip Fit’ classes designed for adult health.

The high quality and prominence of the unit resulted in competition between potential occupiers with Flip Out paying a new rental level for the Park. Harbourgate Business Park is now fully let.

Jon Inwards, Manager at Flip Out UK, comments: “We are thrilled to have secured this site in Portsmouth. Trampolining is a sport that can be enjoyed by all the family and we’re delighted to open this new facility for children, teens and adults across the South Coast to enjoy.”

Guy Jackson from Lambert Smith Hampton Fareham adds: “This letting is a clear demonstration of our ability to explore a variety of possible lettings solutions on behalf of our clients. Using our knowledge of both the industrial and leisure sectors we have been able to ensure the very best result for Fidelity International and secure an exciting new tenant for the city.” 

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