Tag: DWP

SeaChange asks for Havelock Place loan to be rescheduled – again

SeaChange is having trouble meeting its loan repayments for the Priory Quarter (Havelock Place) development. At a meeting of the South East Local Enterprise Partnership (SELEP) in September 2018, it was reported [p86]  that SeaChange was requesting a second change to the repayment schedule for the £7m Growing Places Fund loan which it was granted for the Priory Quarter phase 3 development. Continue reading

Why has Seachange given a government department a year’s free rent?

Seachange Sussex have finally let their Hastings town centre offices – but have given the occupiers a year’s free rent.

In January 2018, Seachange Sussex announced that they had let their Havelock Road offices. These £7m offices, in Hastings town centre, had been virtually unoccupied for two years so Seachange must have breathed a big sigh of relief when the Department for Work and Pensions (DWP) agreed to let them. Continue reading

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