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After an informal tender, a sale has been agreed of a 5.8 acre grazing paddock at Sole Lane Field, Sole Lane, Adversane near Billngshurst. The land was part of the Brinsbury College farm. The paddock had been leased for many years. Chichester College have been looking to rationalise their estate and as the paddock was surplus to requirements, Medhursts were instructed to effect a sale.

A further 30 acres has been identified for sale on the opposite side of Stane Street- see www.brinsburyfields.co.uk.   

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Acting for The Prebendal School, we have agreed a letting of the former Puddles offices at 56 West Street to Kenton Budd Limited for a new estate agency business. The historic building is adjacent to the Cathedral and opposite House of Fraser. Kenton Budd was previously with Henry Adams and has set up his own practice from the premises. 

 

Prebendal 2

Acting for the original developer Dettling Developments Ltd. , Medhursts have effected the sale of the freehold investment of the Pulsar Business Park, Ellis Square in Selsey. The 4 modern business units totalling 9,400 sqft, are all let and produce rent of £56,717 per annum. Sold for £725,000 to a private pension fund and associated family trust, the sale shows an initial yield of 7.39% after allowing for purcashers costs. 

Pulsar

 

 

 

Just to let you know that Medhursts will be actively following the Rugby World Cup. We hope you all will too and enjoy the sport and competion.

Come on England!Rugby world cup logo

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info@medhursts.com

© Medhursts 2014
4 Northgate, Chichester, West Sussex, PO19 1BA