For Sale: Industrial Investment with Residential Development Potential
Pinks Industrial Park is located between Wickham and junction 10 of the M27. It lies just over a mile to the south of Wickham and just over a mile to the north of M27. The site’s principal access leads on to the A32 / Wickham Road, but it also has rear access onto Forest Lane.
The site falls within the aegis of Fareham Borough Council and forms part of the allocated Welborne MDA that recently the Planning Committee has resolved to Grant Permission (Ref P/17/0266/OA). The Welborne application is for a New Community of up to 6,000 dwellings together with a District and Village Centres, commercial and employment space, community uses, secondary school, 3 primary schools, green infrastructure including formal and informal open and amenity space. The site was subject to a planning appeal for 72 dwellings (Ref: APP/A1720/W/17/3192431) which was dismissed in September 2018.
The property is subject to a number of short-term tenancies, producing £160,000 per annum which will increase on letting vacant areas. A schedule of which is included in the Data room.
A Technical Information Pack is available and contains information relating to the site. This includes copies of reports prepared for the previous planning application and contamination reports.
EPCs are awaited.
Fareham (2.2 miles)
Portchester (3.4 miles)
Swanwick (3.8 miles)