Bournemouth CGI

News - 11/02/2021

LSH advise Travis Perkins on new South Coast acquisition

We have successfully advised the UK’s largest trade counter operator, Travis Perkins, on the off market acquisition of a new 2.66 acre employment site in Boscombe, Bournemouth

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We have advised Travis Perkins on the acquisition of a new 2.66 acre development site on Ashley Road in Boscombe, Bournemouth. LSH were able to utilise their substantial knowledge of the South Coast Industrial market in order to identify the site for Travis Perkins, before securing the deal off market.

The planning application has now been submitted to construct a brand new builder’s merchant’s yard for Travis Perkins. It is hoped that this development will bring new job opportunities to the area in the midst of tough economic circumstances caused by the Covid-19 pandemic. 

Dan Rawlings, Associate Director in Lambert Smith Hampton’s South Coast Industrial team commented:

"It is great to have been able to acquire this site on behalf of Travis Perkins, which will create more employment opportunities in the region on what was a derelict piece of land.  .”

Will Moss, Head of Acquisitions at Travis Perkins commented:

“We are delighted to have secured this site and submitted our planning application for the proposed TP branch, which will be opening next year. This site will provide a significantly bigger, better and more accessible branch facility and customer offer than our existing Windham Road branch. This new flagship branch will further reinforce our position as market leader in Bournemouth."

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