OWNERS of the Teville Gate site have moved to allay concerns over its regeneration, after the development was featured for sale on a commercial website.
Hanson Capital Management’s £150 million pound Worthing Gateway scheme, which includes more than 200 properties, conference centre, hotel and Sainsbury’s supermarket, appeared on the Savills website as being marketed by its office at Sevenoaks in Kent. Following our story last week, it has now been withdrawn from the web.
The Herald confirmed with Savills that it had indeed been for sale and that offers were being invited on the development.
There had been no fixed price listed on the company’s website, which described it as a mixed-use site with planning permission from Worthing Borough Council.
However, a spokesperson for Hanson Capital Management, which has formed subsidiary company, Worthing Central Properties, for the development, has subsequently stated the scheme had been placed available for sale “as an error” on the Savills website and that it remained committed to the proposals. The company remained confident the project would be delivered on a revised timetable.
For the full story, see the Worthing Herald, out Thursday, April 28.