THE reversal of Port Solent’s fortunes is continuing, as its business hub is now close to being full.
Events management specialist MYT and antenna designer 2J UK are the latest firms to move into The Slipway at Port Solent, Portsmouth, with 24 of the 27 purpose-built, two-storey office units now let.
Hughes Ellard, Fareham-based commercial property agency, acted in both upper-deck lettings for Premier Marinas, which owns and operates Port Solent.
Its fortunes had foundered in recent years, but its popularity with shoppers, diners and now business owners is on the up.
Harnish Patel, business space agent at Hughes Ellard, said: ‘The Slipway has become a thriving business hub in its own right for local firms seeking a profile location to facilitate regional and even international expansion.
‘With the arrival of MYT and 2J UK, we are close to calling full house here.’
Richard Saville, Premier Marinas’ estates manager, added: ‘It’s encouraging to see smaller firms doing well, given the strong economic headwinds of the past five years, and the many occupiers here at The Slipway appear to be bucking the trend.
‘With just three units left, we anticipate 100 per cent occupancy sooner rather than later.’
With David Noble as design engineer and Steve Harris as sales director, 2J UK relocated from a small office in Portsmouth in order to expand.
The firm designs antenna for upmarket cars and marine vessels.
David said: ‘Whilst the bulk of our orders comes from the motor world, we are receiving increasing orders from the maritime sector – and our location just by the waterfront at Port Solent can only help with visibility and referral work.’
Eight-strong MYT, led by managing director Janine Lancaster, moved from a converted barn at Chichester’s marina due to growth and travel convenience.
Janine said: ‘The ample parking here is also a big draw for staff and visitors – few offices along the M27, A3(M) and A27 corridors offer this – along with sweeping views.’