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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. 

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.  

Following the expiry of the previous lease, a new letting has been completed on the first and second floors at 33 West Street Chichester. The Grade II Listed building is in an excellent visible location overlooking the Westgate Roundabout and close to the historic cathedral. 

The tenant has relocated her nail business in order to expand from premises in East Street. The private client was pleased with the higher rent and longer lease achieved. 

Chichester College have submitted an application for Outline Planning permission to develop 16 acres of their farm land at the Brinsbury campus for Class B1, B2 and B8 commercial development. This follows shortly after Harwoods Motor Group also submitted a Full Application to Horsham District Council to build a new set of showrooms and head quarters on the 12 acre adjoining plot. 

Once a decision is issued it is expected that development of a new Land Rover, Jaguar and Bentley dealership will be started by Harwoods. Chichester College will also look to construct the enabling works to sell serviced plots to Development Partners.

Further information can be found on the dedicated website at www.brinsbury.co.uk .