Seafield receives £3m

 

SEAFIELD has announced that it has received the £3 million deferred consideration involved in the sale of its Finchley Road property in London. The deferred consideration was due for payment when the purchaser received full planning permission for the site. The site was part of a number of properties in Seafield's Charterhall subsidiary which were sold three years ago to Burford Holdings for £8 million. Some £5 million was paid with £3 million deferred.