Latest NewsActing for Landlink Estates we have let Unit 2.1 at Walton Farm, Bosham to Phil Raby cars. The Porche specialist has relocated from Southbourne and West Stoke to the 5,400 square foot unit to accommodate their expansion and servicing offer. Acting for a local private owner, Medhursts have successfully agreed a new lease to One Stop Stores on the former Tesco Express at 63 St James Road, Chichester. Tesco's started negotiations for a new lease after their expiry, but decided their sister company One Stop Stores should take over. After a protracted approvals process, the new lease was agreed ensuring our client had an uninterrupted income stream. After sucess helping Eames Motor Repairs Ltd relocate from the St James Industrial Estate, Medhursts have assisted 3 more tenants. After strict dedalines were issued by their Landlord Chichchester Dictrict Council, Wrappe UK, Empire Welding Supplies and Cyril Bradley Motor Repairs all had to find alterative premies in short order. We assisted Wrappe UK take a new unit at the Phoenix Business Park, Quarry Lane, Chichester. Meanwhile Empire Welding Supplies and Cyril Bradley have both taken leases on new units at the Woodruff Centre in Terminus Road, Chichester. After local exclusive travel company Scott Dunn sold their business, the new owners decided to relocate their Chichester operations to their offices in London. With the lease due to expire later in 2021, the owners of teh building decided to engage Medhursts to either re-let or sell the 4,380 square foot office building at Madgwick Lane on the outskirts of Chichester. As soon as the marketing campaign was started there was very early interest in the freehold. Two businesses particularly wanted to buy the building for their own occupation. The winner was a domicilliary care provider called Home Instead who will relocate from their Quarry Lane base. The price paid was in excess of the asking price and confirms the strong level of pent up demand for freehold commercial premises in the area, despite the pandemic. |