Historic Portsmouth waterside site set for overhaul

Thursday, 18 September 2008

Portsmouth today confirmed its position as a fast changing city with a world renowned marine industry as the former VT Halmatic site in Portchester has been taken under new management. The site, to be once again named Trafalgar Wharf, is aiming to offer world class facilities accommodating marine businesses ranging from sailmakers and boat brokers to boat builders, boat storage and major refit works.

Under new management, the site has re-opened its doors in a bid to attract new business with an exciting revamp under way. It is set up for a wide range of water vessels and will be able to accommodate, store, build, repair and refit powerboats and superyachts from 20ft to 180ft.

Trafalgar Wharf Ltd, which has taken over the site, will oversee the growth of the area. The 22 acre area will remain true to its industrial roots and combine light marine trade with heavier industries all enjoying spectacular views and waterfront access. The site will continue to offer a wide range of space for marine businesses in buildings ranging from the massive 400ft main shed, probably the largest building of its kind on the south coast, to small individual business units including office space overlooking Port Solent Marina.

Jonny Boys, MD Trafalgar Wharf comments, “We are aiming to create a very special marine waterfront environment on a historic site. We are keen to attract new businesses to help us achieve this and have already started talks with a number of both large and small companies who are keen to move into the site and benefit from waterfront rentals at industrial prices.”

Peter Cusdin SEEDA's Development Director said "SEEDA is delighted that Trafalgar Wharf is investing and we share the vision to create new jobs and facilities for marine businesses on the site. It will help meet some of the demand that exists for unique marine facilities like this on the south coast. We are confident that TW will create a very special waterfront environment that will be very attractive to many marine businesses."

Trafalgar Wharf's property advisors, Lambert Smith Hampton are confident that the site will attract a healthy level of demand. Robin Dickens of LSH comments "With over 250,000 sq ft of floorspace, in a range of buildings having direct water access to Portsmouth Harbour, this represents a major marine facility along the South coast and we are delighted to be involved with this exciting regeneration project".

Cllr Mike Hancock, cabinet member for planning, regeneration and economic development at Portsmouth City Council, said “Over the years Trafalgar Wharf has been home to thousands of workers in the marine industry. It has a rich heritage and I’m delighted that this tradition will continue and that this important site will be updated and invested in.”