Deals

Staggeringly Good letting at 3 St. Georges

Published 24 Sep 2015

Author

Luke Mort

Holloway Iliffe & Mitchell are pleased to report the letting of 3 St. Georges Industrial Estate, Rodney Road, Fratton to Staggeringly Good Limited for the use as a microbrewery.

The local brewers have taken a new 6 year lease on the 1,496 sq ft Light Industrial unit, which is located towards the southern part of Portsea Island, just off Rodney Road, within close proximity to Portsmouth Football Club and Fratton Station.

Commenting on the transaction, Luke Mort, Commercial Agent at Chartered Surveyors Holloway, Iliffe & Mitchell said:

“Over the last couple of years, we have seen the emergence of numerous local microbreweries, who due to their success have been welcomed by many of the landlords we represent. The property is centrally located with excellent transport links. This will enable the brewery to continue their supply and distribution locally throughout Portsmouth as well as surrounding areas as they expand.”

Josephus Ross, for Staggeringly Good Limited commented that ‘Demand for our craft beers has grown dramatically in the last 18 months and we desperately needed the extra space to enable us to meet that demand. Unit 3 St Georges Industrial Estate will give us the opportunity to grow the volume and range of beers we can produce as well as give us a base of operations within the heart of the Portsmouth community.’

Holloway Iliffe & Mitchell remain very active in the commercial property sector, in Portsmouth and along the South Coast and seek new instructions to satisfy their active applicant database.