Durngate Property Group - Offices Development - Worthing, Yeoman Gate

Date: 26 Jun 2006

Winchester-based Durngate Property Group has announced the start on site of a new £6 million office development.

Scheduled for completion by early 2007, the 13 units will be ranging from 1554 sq ft to 5500 sq ft.

There has already been interest in the development, with one unit pre-let to regional accountants Spofforths and a second unit pre-sold to land agents R W Hilder and Co with a third unit under offer.

Each building at Yeoman Gate will be two-storey, fully self-contained and finished to a high standard with the benefit of allocated car parking.

Yeoman Gate is situated to the west of Worthing town centre close to the A27 east/west trunk road and is the most significant development in the area in the last 20 years. The development has the added advantage of being serviced by established public transport such as the mainline railway station providing links to London and the south coast.

Nic Evans, of Durngate Property Group, said: "This is an excellent opportunity for both local and regional companies looking to re-locate to modern, purpose-built offices or for businesses that are looking to re-locate from further afield.

"The fact that three buildings have already been taken off plan demonstrates that we are filling a much-needed gap in the Worthing commercial property market. We anticipate significant interest in Yeoman Gate during the coming months."

Durngate Property Group has already completed similar projects in Havant - with eight out of 12 units successfully sold or under offer - and Farnham - which was launched in March 2006 and has already secured more than 50% occupancy.

Artist impression of the innovative Yeoman Gate developmentArtist impression of the innovative Yeoman Gate development

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