Latest NewsAfter protracted negotiations a new lease has been agreed on 31b London Road, Bognor Regis. Medhursts acted for the private landlords to agree a new 5 year lease to Shoezone Retail Ltd. A sizeable rent reduction was agreed in line with the rest of London Road, reflecting the difficult trading conditions and shift in High Street rental rates. Ramsdens represented Shoezone.
Arun Estates Ltd trading as Cubitt & West Estate Agents has completed a new lease on 53 North Street Chichester. Medhursts represented the private owners to agree a new 10 year lease after Hennings Wine Merchants decided not to renew their lease. Cubitt & West will relocate their current East Street branch. Acting for a constortium of local farmers, we have agreed the letting of a 12,000 square foot former grainstore to Greenwoods Removals Ltd. They have taken the warehouse at Chrichester Grain, Hambrook near Chichester on a new 10 year lease to add to their existing storage at Portfield. |