Key takeaways
- Enquiry levels from regional tenants and purchasers in the Fareham area remain strong despite wider geopolitical and economic uncertainty.
- Demand is particularly active in secondary retail and the industrial sector, including light workshops, warehouses, logistics space, and open storage land.
- Recent transactions, including the sale of 76-78 High Street and lettings at Faretec, Cams Hall, demonstrate the depth of buyer and tenant appetite in the area.
- The forthcoming Welborne Garden Village development is expected to provide a further structural boost to commercial demand across the region.
Where demand is strongest
Two sectors are generating the most consistent activity in the current market.
In the retail sector, there is notable demand for both lettings and acquisitions in the secondary market. Occupiers and investors are finding value in well-located units that offer realistic pricing and genuine footfall potential, and landlords with well-positioned stock are finding a receptive audience. Our commercial property acquisitions team is actively working with buyers in this space across Fareham and the wider Hampshire area.
Industrial and logistics demand remains equally robust. Light workshops, warehouse units, and logistics spaces are all attracting strong occupier interest, but the area of most acute demand is open storage land that is surfaced and connected to utilities including electricity, water, and drainage. The supply of such sites is limited and well-located opportunities are moving quickly. Our Hampshire valuations team can assist owners of industrial land who want to understand the current value of their asset before bringing it to market.
Recent transactions
Three recent instructions illustrate the depth of demand across the Fareham market.
- 76–78 High Street, Fareham – We successfully sold this mixed-use investment comprising five ground floor retail units, all let to local independent businesses, with four residential flats above. The sale attracted strong interest from private investors and demonstrated that well-tenanted retail investments continue to perform in the current market.
- 6–8 Little Park Farm Road, Segensworth – A long-vacant long leasehold office property that we brought back into productive use through a successful sale. The transaction highlights appetite for repositioning opportunities where the fundamentals are sound, and pricing is realistic.
- Suites 4, 5, and 6, Faretec, Cams Hall – Modern office suites successfully let to BUPA. The letting reflects continued demand for quality, well-specified office accommodation from established occupiers, and the importance of presentation and specification in securing the right tenant at the right rent. Our lease advisory services on the South Coast supported this instruction through heads of terms and lease negotiation.
What’s in the pipeline?
The most significant medium-term demand driver for the Fareham commercial market is the forthcoming Welborne Garden Village development. Planned to deliver up to 6,000 new homes alongside a new town centre and a science park, Welborne represents a substantial increase in the local residential and commercial population, with direct implications for retail, service, and industrial occupier demand across the wider area.
For commercial property owners and investors considering their options, the Welborne pipeline is a relevant factor in any asset strategy discussion. The additional population and employment that the development will generate is expected to create sustained demand for commercial space in formats and locations that may not yet be fully served by the existing market.
Bringing more properties to market
Our team has a highly engaged database of buyers and tenants actively seeking commercial property in Fareham and the surrounding area. If you own a commercial property, whether retail, industrial, office, or mixed-use, and are considering your options, we would welcome a conversation about current demand, achievable pricing, and the right route to market for your asset.
For landlords seeking to understand the investment value of their holdings, our property and land investment agency team can advise on current yield expectations and buyer appetite across all commercial sectors in the South Coast market.
Please complete the form below when you are ready to arrange your no-obligation consultation. Our Fareham team will be on hand to assist you.
Get in touch with the BTG Eddisons team
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