We’re pleased to announce the sale of Princes Court in Nantwich, Cheshire to London-based FCFM Group.
Having advised the previous owner APAM on the deal, we’ve now been subsequently appointed to market the three office buildings totalling over 18,000 sq ft. The development is currently undergoing a comprehensive refurbishment under its new owners to create modern office accommodation for small to medium-sized businesses.
Around 8,000 sq ft of the building is already occupied to tenants including Feeling Great Health and Nutrition and Ensure Safety & Training on new five-year leases.
Jamie Burke at FCFM, commented:
We’re delighted to have purchased the Princes Court office complex. We are currently rebranding, renovating and redecorating the offices. Our aim is to create a thriving business community in Princes Court. We can cater for various sizes of tenants from small start-ups and sole traders up to medium sized businesses.
The Princes Court complex is ideal for tenants who want to grow as there is the flexibility to move into bigger offices on the site over time. We are happy to provide various incentives and offers for tenants and the response from the local business community has been very positive. We expect the site to be full in the coming months after years of low occupancy rates.
Andy Butler said:
The occupational office market in Nantwich is performing well. Due to little new build development for some time, there is a general lack of availability of good quality space in Crewe and the surrounding Nantwich area, which has seen the building receive good levels of interest since the acquisition.