Portsmouth Dockyard on the market following BAE departure

Posted on 10 Apr 2014 by Tim Brown

The Defence Infrastructure Organisation (DIO), the Ministry of Defence’s property and services provider, has appointed Lambert Smith Hampton to act as Marketing Agents for a major shipbuilding facility based in Portsmouth.

BAE Systems announced in November last year that it plans to end shipbuilding at its facilities located within the city’s Royal Navy base, though it will continue its ship maintenance activities.

Lambert Smith Hampton is responsible for marketing the facilities to interested bidders, managing the national and international campaign to generate interest in the site.

The 13 hectare site is situated centrally within the Naval Base and vacant facilities totalling some 75,000 sq m may be made available for commercial use.

The site provides a large scale, modern and secure manufacturing facility, with excellent transportation links by both land and sea through Portsmouth Harbour.

Facilities include the Shiphall, two docks, Plate Cutting Facilities, workshops with overhead craneage, stores and Administration Offices, which are fully integrated into the HM Naval Base Portsmouth.

The MOD is looking for companies which will utilise the unique opportunities presented by the site and its skilled workers.

Robin Dickens, a Director at Lambert Smith Hampton, said: “Major facilities like this do not come on to the market very often, so we expect to see considerable interest from companies operating in the marine, defence, aerospace and general engineering sectors, from both the UK and overseas. It is one of those unique opportunities that demands a closer look.”