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We have helped new Bailey's Artisan Gelato Limited to acquire a lease on 2 West Street, Chichester. Situated right by the historic Market Cross and opposite the Cathedral, the location is expected to attract plenty of passing trade. Influenced by the Italians, Bailey's will bring their own style to the home made gelato which is not to be confused with ice cream. There will also be Italian style coffee on offer as well.

Various issues needed to be overcome due to the age of the Grade II Listed building. This involved surveys and the Landlords agreement to a Schedule of Condition. 

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Acting for new owners Local Retail Fund, we have completed the letting of Unit 11 at the Old Mill Square shopping precinct in Storrington. Save The Children have taken a new 10 year lease at the asking rent.  

The unit was vacated to make way for an extension to the adjoining Waitrose food store but the extension project was subsequently dropped, leaving the landlords to find a new tenant. Save the Children join Costa, Barclays Bank, Anderson Rowntree and several other independent retailers. 

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Acting for local property company Urban and Rural Estates Ltd, we have helped acquire an additional parcel of land adjoinging the New Bury Business Park at Marsh Lane, Easthampnet. Just off the A27 between Chichester and Arundel, the well hidden business park is home to a variety of different businesses including GTR, MJ Visuals and Sycamore Joinery. The lengthy and delicate negotiations required the structuring of a deal to ensure vacant posession was obtained of the occupied workshops and land. 

Urban and Rural are now planning a new extension to the business park which could be brought to the market later in 2017. 

 

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Alex Medhurst has assited in the satisfactory settlement of a legal claim by a mortgage lender against another valuer. A loan in 2013 to fund the redevelopment of the Grade II LIsted Barnham Windmill, went wrong. Alex was drafted in as an Expert Witness by Rosalyn King to assist the London based lawyers to reach a mediated settlement.  His knowledge of the development process, appraisals and valuation methodology was fundamental to reaching the agreement.  

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4 Northgate, Chichester, West Sussex, PO19 1BA