The Ministry of Defence has named the firm it has chosen to market Portsmouth’s soon to be vacant shipbuilding facilities.
BAE Systems announced in November last year that it plans to end shipbuilding at its site in Portsmouth naval base, though it will continue with ship maintenance there.
Now the MoD’s Defence Infrastructure Organisation has appointed Lambert Smith Hampton to act as marketing agents for shipbuilding site in Portsmouth.
The first stage in marketing the facilities to other potential occupiers came last month with the publication of a site prospectus last month by DIO, the MoD’s property and services provider.
This showcased the site and invited expressions of interest from companies who may be interested in leasing the site.
The appointment of Lambert Smith Hampton is the second stage in the process of marketing the base.
The company will now be responsible for marketing the facilities to interested bidders, managing a campaign asking for expressions of interest in the facilities vacated by BAE Systems.
Robin Dickens, director at Lambert Smith Hampton, which has an office in Fareham, said: ‘Major facilities like this do not come on to the market very often, so we expect to see considerable interest from companies operating in the marine, defence, aerospace and general engineering sectors, from both the UK and overseas.
‘It is one of those unique opportunities that demands a closer look.
‘Portsmouth is synonymous with shipbuilding. It has world-leading research and development, a highly skilled workforce and a strong international reputation.
‘We have considerable experience of marketing landmark sites across the UK and have already started speaking to possible tenants about the facility.’
The MoD is looking for companies which will utilise the unique opportunities presented by the site and its skilled workers.
The site is situated centrally within the naval base and vacant facilities may be made available for commercial use.
However, this use will have to comply with operational military and security requirements.
Facilities available include the shiphall, dock, plate cutting facilities, workshops, and administration offices.
Interested parties should contact Lambert Smith Hampton on 01489 579 579 or 020 7198 2000.