Industrial development launched in Segensworth

Marick Real Estate, advised by LSH, has secured two acres of industrial development land in Segensworth, off junction 9 of the M27. The site, off Cartwright Drive, will be known as J9 South and planning permission is being sought for a self-contained 50,000 sq ft unit.

Neighbouring occupiers at the site include Estee Lauder, Batleys Cash & Carry, Gestamp and Royal Mail.

Both LSH and their joint agents Jones Lang LaSalle are in discussions with a number of potential occupiers. The land was secured from marine electronics firm Raymarine as it was surplus to their requirements.

Jerry Vigus, from LSH, said: ‘This is a strategic site in an established industry/warehouse location where there is limited supply. The region is now experiencing the first real signs of speculative development and ‘J9 South’ is another exciting prospect.’