
21MYDDELTON & MAJOR |
BEST PRACTICE REPRESENTATIVE 2019
attitude across both the commercial
and residential sectors; people are
taking on industrial units, and business
is continuing as it was prior, with
large-scale city centre residential
developments still being constructed.
External expenditure and investment
is still necessary. That said, however,
the prospect of a new shopping
development in The Maltings, by TH
Real Estate and Janus Henderson,
does give considerable uplift to those
wanting to invest further in Salisbury.
This is excellent – it shows a kind of
silent resilience and solidarity from the
people of this great and historic city.
The market – on a national
stage
Undoubtedly, the market has slowed
down in the last two years – parts of
London have been grinding to a halt,
and prices have been falling. There has
not been enough overseas investment,
and we all know why – the lack of
clarity and guidance from central
government regarding the referendum
decision since June 23, 2016, has left
everybody in limbosomewhat.
That said, while the capital has
suffered the financial brunt of Brexit,
both Salisbury and Andover remain
strong. We have seen positive
residential sales – country houses and
cottages in good locations, such as
Stockbridge in the Test Valley – and
while inner-city properties are not
quite as hot, the local markets remain
strong. Commercially, Andover itself
has seen a real vote of confidence
in Rich Food Products, an American
company, purchasing 15 acres of land
on The Andover Business Park. This
was for a new food production factory
which has recently been completed.
In our region, we have seen other
successful transactions, such as Birchall
Tea relocating their warehouse from
London into a 30,000-square foot
unit at Solstice Park, just off the A303.
This move, Philip Holford believes,
is a significant endorsement of the
business location on the A303. We
are still very much seeing business
and investment continuing as usual –
time will only tell whether this will be
reflected on a national level.
More than a century of
resilience and prosperity
I think that our future is stable and
secure. We celebrated our 115th
anniversary last year, and while there
will undoubtedly be some adversity
ahead – both regionally, nationally and
internationally – our firm has stood the
test of time before. I have no doubt
that it will do so again.
We believe there is more success on
the horizon. We offer essential qualities
which have proven themselves to be
invaluable for the long term, and our
service and advice continues to be of
the highest quality. I believe that if
you enjoy your job, continue to work
hard and satisfy clients, your business
will prosper and thrive – it really is
as simple as that. We care about
property. We care aboutpeople.
We care about
property. We
care about
people
“
“
Philip Holford, Managing
Partner
The River Test, the world-
famous trout fishing river
close to Stockbridge