The impressive building is due to be available to occupiers next month (November).

The 75,000 sq ft building at Barnes Wallis Road, vacated when the wholesale group Palmer & Harvey went into administration earlier this year, has undergone a significant investment and refurbishment to make it suitable for use as a quality modern industrial and logistics unit.

Commercial property specialists at Lambert Smith Hampton and Hellier Langston, joint agents for Radial 27, say they have already seen high levels of interest in the property from prospective occupiers. The unit is available at a quoting rent of £8.50 per sq ft.

Adrian Whitfield, Director, Industrial and Logistics at LSH’s South Coast offices, said: “Works on the extensive refurbishment of the building are now well under way, and we have seen a significant amount of interest in the site, which will be the largest available unit in Segensworth.

“Radial 27 is in a location with a large car park and excellent transport links, making it highly attractive to industrial and logistics occupiers, as we are already seeing from the high levels of interest being shown in the unit.”

Matthew Poplett, Director at Hellier Langston, said: "We have a number of interested parties in this unit which doesn’t surprise me due to the location, size and lack of good quality competition in this location. Segensworth is uniquely placed being 10 miles between Southampton and Portsmouth, giving occupiers easy access to both economic centres.”

Radial 27 comprises a self-contained, double bay distribution warehouse. The unit is of steel portal frame construction with part brick and part metal profile clad elevations supporting a pitched metal clad roof.

The unit offers a total floor area of 71,160 sq ft, with a warehouse of 60,070 sq ft and the remaining area split behind two-storey office accommodation situated at the front of the building and a rear warehouse office. Externally there is parking at both east and west entrances. The total site area is 3.97 acres. To the north is a separate car park of 0.97 acres.

The site is approximately 1.77km (1.1 miles) from Junction 9 M27 via Witherbed Lane and Segensworth Road on to Segensworth Roundabout.