Pinks Industrial Estate
PO17 5BT Fareham
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For Sale: Industrial Investment with Residential Development Potential
- Allocated for Residential Development as part of the Welborne Major Development Area
- Multi let industrial, warehouse and open storage estate producing £160,000 pa
- Potential for rental growth
The estate is an established industrial warehouse and open storage site that is multi-let. The majority of accommodation comprises a range of older style, basic buildings, together with open storage area.
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.