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South Coast

Market snapshot

Take-up of South Coast office space continued positively in Q1 2013, with 61,865 sq ft recorded - a 56% increase on the same period of 2012 (39,566 sq ft). Read more
Despite what started as a slow year for the region’s industrial and logistics market, a more encouraging level of occupier activity in the final two quarters helped redress the balance in overall take-up to 1,960,000 sq ft. Read more
Total office take-up on the South Coast in 2012 was 18% down on 2011. However, office take-up in Q4 2012 showed an improvement on Q3, with some significant transactions completing... Read more
Office take-up on the South Coast has failed to maintain the level achieved in Q2, with several large transactions not completing in the anticipated timeframes... Read more

South Coast take-up, news and research

News and research

Changes of use: relaxing planning rules
On 09 May 2013 the government published the proposed changes to the General Permitted Development Order 1995 which will significantly change the rules on changes of use. Read more See all news
LSH welcomes government boost for office conversions
The changes to the Use Classes Order announced in today’s ministerial statement from Eric Pickles and the Department for Communities and Local Government have been welcomed. Read more See all news
Premier Inn for obsolete Portsmouth offices

Acting for LaSalle Investment Management, we have completed a Portsmouth commercial property deal which will see Premier Inn, the UK’s largest budget hotel chain, sign a 25-year lease on a new 84-bedroom hotel.
Read more See all news
Southampton expansion for Richmond Cars

Acting on behalf of a private client, we have secured the sale of an industrial unit in Southampton to a major car dealership.
Read more See all news
The Range signs for retail warehouse in Portsmouth

On behalf of Hargreaves Properties Ltd, we have completed the letting of a major retail warehouse unit in Portsmouth to The Range.
Read more See all news
Appointment won on large Southampton industrial unit

We have been appointed by F&C REIT Asset Management to market unit 1 Strategic Park in Southampton.
Read more See all news

South Coast commercial properties

South Coast properties

Southampton Leasehold Size: From 20,000 sq ft (1,858 sq m) to 170,000 sq ft (15,794 sq m)

Portsmouth Freehold Size: details coming soon

Winchester Leasehold Size: From 25,000 sq ft (2,323 sq m) to 89,000 sq ft (8,268 sq m)

Southampton Leasehold Size: 19,229 sq ft (1,786 sq m)
Havant Leasehold Size: From 1,000 sq ft (93 sq m) to 20,000 sq ft (1,858 sq m)

Portsmouth Freehold Size: details coming soon

Fareham Leasehold Size: 30,000 sq ft (2,787 sq m)

Southampton Leasehold Size: From 20,000 sq ft (1,858 sq m) to 170,000 sq ft (15,794 sq m)

Local views & events

Local viewpoint

South Coast industrial market: 2013 to mirror 2012?

We foresee 2013 mirroring 2012 in many respects; the main challenge being the decreasing supply of larger, quality units...
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Events

Surveyor Conference: Current property issues 2013

Date:18 Jun 2013

Location:Novotel

David Gilbert, Director at LSH, to speak on dilapidations, diminution values and latest developments.
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Other events

South Coast Real Estate Network

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Offices

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Graham Holland

Head of Office, Southampton & Fareham

023 8071 3074

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