Federated Hermes has been granted planning consent to redevelop a 60,268 sq ft warehouse at Fleets Corner Business Park in Poole, Dorset.

Fleets Corner, Poole

The £2.4m programme for Unit A3 at Fleets Corner comprises replacing the roof with a new metal roofing system incorporating new rooflights and creating a mezzanine level with 3,682 sq ft of modern office accommodation, complementing the existing offices on site.

The building will also be fitted with a new platform lift, WC and shower facilities, LED lighting, air conditioning and a suspended ceiling. The project is scheduled for

Meanwhile, at Fareham Reach Business Park in Gosport, Federated Hermes has secured a 19,000 sq ft letting to The Jessie Leigh Dance & Cheer Academy, while GSF Car Parts has agreed a lease on Unit 810.

Ian Cody, asset management director at Federated Hermes Real Estate, said: “We have invested significantly in Fleets Corner to continue its evolution into a next-generation business park, providing a first-rate warehouse and office provision for both national and local companies. Unit A3 is the latest in a series of regeneration projects across the site, aligning with the two new lettings at Fareham Reach.

“The combination highlights both assets’ position as prime business hubs and demonstrates our commitment to shaping places people and businesses want to be part of, which is precisely why they remain so compelling.”

 

JLL is the asset manager for Fareham Reach and Fleets Corner.

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