Quest 271, Test Lane Southampton

Background

Former Newsquest offices and printworks, where Salmon have agreed to purchase on a subject to planning basis.

We have completed full pre-purchase due dilligence and have been granted planning for a 150,000sq. ft, 3 unit industrial and logistics scheme.

The site will be built to BREEAM excellent.

Project Facts

  • Site Purchase Cost : circa £8m
  • Project GDV : £35m
  • Completion : Q1 2024
  • Construction commenced: Q1 2023
  • 11m eaves height
  • Forward funded by Royal London Mutual Insurance Society Ltd.

CGI

Plan of planning approved scheme

The planning approved scheme consists of 3 units, totalling 150,000 sq ft:

  • Unit 1 – 51,002 sq.ft GIA
  • Unit 2 – 41,404 sq.ft GIA
  • Unit 3 – 60,708 sq.ft GIA

Construction Progress Picture (23 May 2023)

Location

Established & easily accessible Industrial Area with excellent connections to major motorways:

  • Adjacent to M271
  • M27 (J3): 4 mins
  • M27 / M3 Interchange: 10 mins