HORNDEAN PRECINCT FULLY OCCUPIED FOR THE FIRST TIME IN A DECADE

 Portsmouth – As Horndean’s village centre is poised to undergo a major transformation and the redevelopment of the Gales Brewery site will provide much needed new housing, there has been positive knock on effect at the Precinct.  For the first time in a decade Horndean Precinct is fully occupied.

 

The development comprises 10 small lock up shop units with a first floor restaurant close to the village centre with occupiers including Horndean Newsagent, Take-away, Café and All For Dance.  Recent lettings have included interior designer Country Patches Interiors and Florist, All Flowers. 

 

Stuart Mitchell of commercial property advisers Holloway Iliffe & Mitchell has looked after this property on behalf of the owners, Royale Properties since 1990, initially under Mitchell Jones and then after he joined Holloway Iliffe & Mitchell and in that period it has only been fully occupied twice, now and 10 years ago.

 

Commenting on the latest developments, Stuart Mitchell said: “It’s very encouraging to see the Precinct fully occupied again. It certainly reflects the improvement in economic conditions across the south and with good occupational values, businesses are now beginning take space in good locations.”