Cheshire property agency Legat Owen has completed the £1.85million disposal of three buildings at Prince’s Court in Nantwich to Carlton Property Holdings.
Built in the late 1800s, the three, three-storey buildings were originally occupied by Barony Hospital before being closed in 1994 and converted into offices a few years later. Located on a 2.32-acre site, Prince’s Court today comprises 18,602 sq ft of multi occupied office space, home to over 40 individual businesses with lease terms ranging from 1 to 5 years.
The buildings include Charles House, Regent House and Frederick House, which make up a wider operational business centre off Beam Heath Way.
Legat Owen acted as both managing and letting agents for the previous owner and have been retained by Carlton Property Holdings to act on their behalf.
Andy Butler, Director at Legat Owen commented:
With no significant speculative office development in the area for over 15 years the stock of vacant offices is extremely low. Prince’s Court has been a popular location for Cheshire organisations and take up has been particularly impressive during and since the pandemic with the buildings now 90% occupied. We are pleased to be continuing our role as managing and letting agent for Prince’s Court to help maintain the high standard of this asset for our new client.
Legat Owen represented SIPP Choice Bespoke SIPP and Sergey Grechishkin commented: “We were very pleased with the excellent service provided by Legat Owen throughout our ownership period and during the sales process and wish the new owner every success going forward.”
