South Coast
Indoor centre for trending racquet sports served up in Christchurch
Unit 1-2, Priory Industrial Park in Christchurch, Dorset, is being turned into an indoor centre for the world’s fastest-growing racquet sports, padel and pickleball. Smeda Sports signed a 10-year lease on the 15,418 sq ft premises. Property consultancy Vail Williams acted for the landlord.
Balancing the town centre apartment development equation
As urban living continues to appeal to professionals, students and downsizers, the development of town centre apartments remains an attractive proposition.
Investor Briefing: Renters’ Rights Bill 2024
The Renters’ Rights Bill 2024 is a transformative piece of legislation aimed at reshaping the private rented sector (PRS) in England.
HQ building in Wimborne to become dental care practice
mydentist, the UK’s leading provider of affordable dental care, has signed a 15-year lease on the 10,778 sq ft premises at 10 Wimborne Road, Wimborne, East Dorset. Property consultancy Vail Williams was instructed by the private landlord to find a new occupier for the detached building, which has the highest energy efficiency rating of EPC A. The building is pictured before mydentist refurbishment.
Residential Property Market Winter Update 2024
In October, Halifax announced that house prices had reached record highs. With buyer enquiries up by 14% according to the RICS Residential Market Survey, and the Bank of England cutting interest rates for the second time this year, there are positive green shoots for the residential market, as Head of Residential Property Gary Jeffries, explores.
Understanding Financial Viability Assessments (FVAs): A Guide for Housing Developers
Developers In property development, financial viability is a cornerstone concept, influencing decisions across every stage of a project.
NPPF reform and the unintended consequences on housing supply
Following on from the “disruptive” changes made in December 2023 to the NPPF which were dubbed by the new Labour Government as “detrimental to housing supply”, consultation on proposed reforms to the National Planning Policy Framework (NPPF) has now closed (24 September).
Convenience store building in Trowbridge sold through Vail Williams
Vail Williams sold the freehold investment in Eastbourne Road, Trowbridge, Wiltshire, on behalf of a retained private client. The premises is occupied by a Tesco Express convenience store. Vail Williams also negotiated an extended lease prior to the sale to the new owner of the property.
Bournemouth – dressed up for business but nowhere to go
Bournemouth’s reputation as a Dorset tourist destination is irrefutable, boasting miles of golden sandy beaches, breath-taking views and cliff-top walks, together with a good range of restaurant and bars.
Innovation Fitness, trading as Supplement Needs, purchases building in Poole for expansion and opening of premium fitness and health hub
In an off-market transaction, Innovation Fitness, trading as Supplement Needs, has bought a 7,246 sq ft hybrid unit at 19-25 Nuffield Road, Nuffield Industrial Park, Poole, for £935,000. Vail Williams sourced and acquired the premises for Innovation Fitness.
The modern portfolio: Integrating sustainability into property asset management
According to the UK Green Building Council, the built environment contributes around 40% of the UK's total greenhouse gas emissions.
