Posted on 12th July 2018
Sussex Property Professionals Dive Deep into Port’s Plans
Property professionals from across Sussex took to the water to hear about future plans for Shoreham Port, a thriving commercial Trust Port on the South Coast which manages the movement of 900 ships and 2 million tonnes of cargo every year.
Tim Hague, Director of Property & Development at Shoreham Port, led a water-borne tour of the port for members of the Sussex Property Alliance (SPA), with a particular focus on estate management, development opportunities and the increasing investment in renewable energy generation.
Central to future plans is the release of land for development at the Western Arm, which will support the expansion of commercial shipping activities on the Eastern Arm and Canal through better use of vacant and underused sites.
“The aim is to increase capacity to achieve 25% growth in trade over the next few years through investment in new port facilities, such as increased warehousing and in terminals,” said Mr Hague.
Shoreham Port is currently home to 150 companies, generating £4m property income annually, with the huge demand for space resulting in 100% occupancy for the last eight years.
Robert Dowling, Partner at chartered accountants MHA Carpenter Box, which supports the SPA jointly with Bennett Griffin solicitors and Michael Jones commercial real estate agents, said: “Shoreham Port is vital to the fabric of the South East economy, particularly for the construction industry given the volume of timber, steel and aggregates that it handles. It has ambitious plans for the future that will not only increase growth in trade but also contribute to wider economic development and improved community facilities.”
The Sussex Property Alliance provides a forum where property professionals get together, exchange ideas, and build relationships.
"“We have been members of BHBPA from its inception, and seen the organisation steadily grow and expand into the dynamic entity it is today, bringing positive benefits to all its members.""
"If Carlsberg did networking they would do it the BHBPA way. Each event is packed with great ideas, thought provoking presentations and fun. As a small business we feel supported and part of the community. We have built friendships and business relationships and there is always plenty of advice on hand to benefit us all so don’t hesitate to join whatever the nature of your business. "
"This association was started with a lot of effort from a few local businessmen and has proved to be a very powerful and useful tool for our business. The BHBPA has influence at the top level; when action is needed, the BHBPA gets it done. We are kept in touch with all that is happening on our doorstep and will often act because of what is published in the weekly emails / newsletters."
"The BHBPA is an energetic and vocal organisation that connects and empowers and informs the local business community acting as an effective conduit to local authority and other organisations. We are proud to be part of that community and the association."