The buyer is Churchill Retirement Living Ltd, who will use it as a regional sales office.
After selling expenses and redemption of the commercial mortgage, the net proceeds to Network Data will amount to £420,000 (Four hundred & twenty thousand pounds).
Richard Griffiths, Managing Director comments:
“Since relocating staff into our new Head Office at Botleys Mansion last year, Link House has become surplus to requirements. The money released has already been allocated to ongoing marketing expenditure and the completion of the infrastructure required for Network Data to operate one the largest mortgage networks in the UK market”.
