Lambert Smith Hampton (LSH) has completed the letting of a 0.4-acre industrial site on Easton Lane, Winchester, to New Era Energy, following its acquisition and repositioning on behalf of Fishmour LLP.
The site, formerly occupied by a Cemex ready-mix concrete batching plant, was acquired by Fishmour LLP in August 2026, with LSH advising on both the acquisition and subsequent letting, as well as identifying opportunities to repurpose the site.
Following the purchase, the site was cleared and improvement works undertaken in line with LSH's recommendations, transforming the former concrete plant into a more versatile site. The property was successfully let to New Era Energy in November 2026 at a new market rent.
The transaction demonstrates the potential to unlock value from existing industrial land through targeted improvements and effective asset repositioning, securing a new occupier within three months of acquisition.
Luke Mort, Director of Industrial and Logistics at Lambert Smith Hampton, commented:
"This is a great example of how an existing industrial site can be successfully repurposed to meet changing occupier requirements. By identifying the potential of the former concrete plant and recommending targeted improvements, we have helped transform the site into an attractive proposition for the market.
"Securing a letting just three months after acquisition demonstrates the value of a proactive approach to asset management and the continued demand for well-located industrial land."
The site, formerly occupied by a Cemex ready-mix concrete batching plant, was acquired by Fishmour LLP in August 2026, with LSH advising on both the acquisition and subsequent letting, as well as identifying opportunities to repurpose the site.
Following the purchase, the site was cleared and improvement works undertaken in line with LSH's recommendations, transforming the former concrete plant into a more versatile site. The property was successfully let to New Era Energy in November 2026 at a new market rent.
The transaction demonstrates the potential to unlock value from existing industrial land through targeted improvements and effective asset repositioning, securing a new occupier within three months of acquisition.
Luke Mort, Director of Industrial and Logistics at Lambert Smith Hampton, commented:
"This is a great example of how an existing industrial site can be successfully repurposed to meet changing occupier requirements. By identifying the potential of the former concrete plant and recommending targeted improvements, we have helped transform the site into an attractive proposition for the market.
"Securing a letting just three months after acquisition demonstrates the value of a proactive approach to asset management and the continued demand for well-located industrial land."
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