Watts Property Consultants has announced its first acquisition of 2024 with the purchase of Town Mills on behalf of Field Day Developments.
Since entering the Guernsey commercial property market in 2018, Field Day Developments have developed a strong track record of repositioning assets in need of refurbishment and redevelopment. They now have an impressive CV of projects including Mill Court, Victoria Court, the former Island Bowl (Rock Health), No 1 Royal Terrace, Windsor House, Frances House and most recently 16-20 Smith Street.
Over the next few months, Town Mills will be rebranded as ‘Mill Place’. It will also receive a much needed face lift, with the architect’s brief being ‘to design an inspiring and impactful workspace in a modern, playful and industrial style’.
Luke Daynes, Director of Field Day Developments said: “We are always on the look-out for new projects and Town Mills ticked all the boxes for providing us a template to work with. We have a strong vision for the type of space needed for modern occupiers and we will be excited to represent this product to the market over coming months”.
Joanna Watts, Managing Director of Watts Property said: “This is now the seventh Field Day scheme we have been involved with and we thoroughly enjoy working with them. They have a keen eye for the type of space the market requires and this project certainly hits the sweet spot in a size range where supply is more limited.”
