Saturday, 6th September 2008

News from the Guernsey Press

Nelson Place to be sold this year

By Joel de Woolfson

0521934.jpgNELSON PLACE will be sold by the end of the year, Treasury and Resources has said.

Guernsey Post has found a new home – the former Oil & Vinegar shop across the road – which has enabled the department to put in motion plans to sell the property in Smith Street.

The States last year decided to sell redundant properties based on Treasury and Resources Department recommendations as part of its rationalisation programme.

Belvedere House was the first to be sold – for £5m. last month – and Nelson Place is expected to attract strong interest from retail and commercial businesses.

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This article posted on July 4, 2008 at 2:29 pm, filed under News.
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