Deals News

Electric Sawmills Estate Over 90% Let

Published 29 Nov 2019


Stuart Mitchell

Following the appointment of Holloway Iliffe & Mitchell in April to manage and market the six-acre Electric Sawmills on Wickham Road, Fareham, the industrial estate is almost entirely let, with just one 1,300 sq ft workshop unit now available.


Over the last few months many of the office and industrial units, which vary in size from 800 sq ft to 16,000 sq ft with additional storage land, have undergone some refurbishment which has had a positive respond from both existing and new occupiers. Benefiting from being located within a secure compound and being available on flexible short-term leases, occupiers have been attracted to the site with several taking combined units to suit their requirements.


Director Stuart Mitchell comments:

“Holloway Iliffe & Mitchell has been involved with the Electric Sawmill Estate for the last 20 years and the recent upgrades to the site have been well received.


“With the continued reduction in available industrial space, the enquiries we’d had over the last few months have led to the site seeing a number of new tenants on both short and long term leases.”