NEW ERA: From left, Jason Osborn of Driftstone Homes, Phill Upshall and Russell Mogridge of commercial property consultancy Hughes Ellard. They are pictured outside a decades-old motor vehicle workshop in south Hampshire, which has been sold by the Upshall family to Driftstone Homes. Planning permission has been granted for the demolition of the 3,390 sq ft property, located at 4 East Street, Titchfield, a village near Fareham, and the development of three townhouses. Hughes Ellard acted for the seller.
Townhouses are to be built on the site of a decades-old motor vehicle workshop sold through commercial property consultancy Hughes Ellard in south Hampshire.
The sale marks the end of the century-long family ownership of premises and land at 4 East Street, Titchfield, a village near Fareham with a history stretching back 1,500 years.
Planning permission has been granted for the demolition of the 3,390 sq ft property, located on 0.13 acres, and the development of three townhouses.
In honour of the name of the family who owned the business since 1926, when founder Edward Upshall began by repairing bicycles, radios and tractors, the developer is looking to call the brownfield scheme Upshall.
New owner Driftstone Homes, a housebuilder headquartered in Fareham, will construct the townhouses once demolition is completed.
Russell Mogridge, a director at Hughes Ellard, which covers the Solent region, said: “Knowing our extensive contacts with residential and commercial developers in the region, we were approached by the Upshalls to find a buyer through private treaty.
“This was a unique opportunity to purchase a rare site with fast road connections to Fareham town centre, Whiteley, which is home to the largest business park of its kind on the central South Coast, and the M27 corridor, via junction 9 and 11, for Southampton and Portsmouth.
“Everyone involved in the deal acted to the letter and it will be great to see high-quality homes built in this lovely village.”
Phill Upshall, a family representative, said: “Whilst this is the end of a century-long era for the Upshall family, it will be a new one for families moving into much-needed townhouses.
“We are grateful to Russell at Hughes Ellard for sourcing a buyer and taking away the stress that can come with selling land and property.”
The premises has been used as a vehicle workshop since the 1960s, when the average house price was £2,530, a loaf of bread equivalent to 5p and professional footballers were paid a maximum wage of £50 a week.
Jason Osborn, Driftstone’s land buyer, said: “We are always actively seeking land for development for between three to 30 units in Hampshire and, through Hughes Ellard, became aware that the owners of 4 East Street were looking to sell.
“In honour of the Upshalls’ links, we are looking to name the development after the family. The townhouses will be of high quality and enhance the look and feel of the area.”
According to government targets, 300,000 homes need to be built each year if the national housing shortage is to be solved; in the 2016/17 financial year, 217,350 new homes were reportedly completed.
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