A demolition specialist has underlined global expansion plans with the freehold purchase of relocation headquarters within Hampshire.
Hughes & Salvidge has moved into Leroux House, a detached 6,209 sq ft office on the 400-acre private office campus at Cams Estate, Fareham, near Portsmouth.
Previously based at Portsmouth Port and in its 60th year, the company directly employs over 130 staff and has a £42m turnover.
Services include demolition and decommissioning, dismantling and asset recovery, decontamination and industrial cleaning, façade retention, site clearance and land remediation.
Clients range from blue chips, developers, main contractors and local authorities to government bodies, health trusts and utility companies.
Sectors are industrial, chemical, oil & gas, nuclear, aerospace, local authority, regeneration, emergency response and education.
Property consultancy Vail Williams acted for the seller Heaton Property Investments Ltd.
The premises, with private parking for 38 cars, electric vehicle charging points, a first-floor board room and meeting rooms, has been extensively refurbished.
Leroux House is the largest self-contained office on the Cams Estate and one of the best located buildings, with views across the golf course.
A spokesperson for Hughes & Salvidge said: “After a record 2023 for us, Leroux House will serve as our new headquarters at an important time of strategic expansion for the business, not only regionally and throughout the UK but internationally as well, with projects in Europe and the Middle East through our ‘demolish – crush – recycle ‘ solutions.
“Leroux House enables us to have staff under one roof for enhanced collaboration and efficiency, including employees from our associated companies K&B Crushers, H&S Metals and H&S Asbestos.
“We are grateful to Vail Williams for their assistance in helping to achieve this result after we presented them with our search criteria.”
Russell Mogridge, Head of Office & Industrial Agency for Vail Williams across the South East and Midlands, said: “We handled the sale off-market and confidentially, subject to the early surrender of an existing lease by a previous tenant.
“Our team, thanks to regional market intelligence, often helps business owners identify off-market opportunities where there is limited availability.
“We got to know Hughes & Salvidge and the company’s specific property requirements for a relocation headquarters in the Solent region, enabling Leroux House to change hands.
“As well as being a property investment, the location was a prime reason for the acquisition – Leroux House is situated between Southampton and Portsmouth, just off junction 11 of the M27 with excellent transport links, and there are few freehold office buildings available in the Solent region like this.”
David Hosier of Heaton Property Investments, which is based at Heaton House on the Cams Estate, said: “Following the freehold purchase of Leroux House from us, we are pleased to welcome Hughes & Salvidge to the Cams Estate.”
The freehold purchase price was undisclosed.
