Knowle sale completed as final payment is made by PegasusLife (LifeStory) for council’s former Sidmouth headquarters

PegasusLife (now known as LifeStory) is now officially the owner of Knowle, East Devon District Council’s former headquarters in Sidmouth.

Shortly after 1pm today, 14 January 2020, East Devon District Council received the outstanding money for the purchase of the Knowle site. The full purchase price to be paid was £9,019,605 and so having already received a deposit of £375,250, the council received the balance of the sum, amounting to £8,644,355.