Hurstwood acquires Mersey office building

A Manchester property investor has acquired a six-storey office building in Merseyside from Bruntwood for an undisclosed sum. Tony McDonough reports

Hurstwood
St Hugh’s is a six-storey 42,656 sq ft multi-let office building in Bootle

 

Property investor Hurstwood Holdings has acquired an office block in Bootle from Bruntwood for an undisclosed sum.

Located on the corner of Stanley Road and Trinity Road, St Hugh’s is a six-storey 42,656 sq ft multi-let property. It is currently home to 17 occupiers including Morrison Utility Services and BioGrad Laboratories.

Stephen Ashworth, Chairman and CEO of Hurstwood Holdings, comments: “This is a striking, landmark building that provides our fantastic opportunity for our in-house asset management team to do what we do best and further enhance its excellent facilities through proactive initiatives, refurbishment and investment.”

Hurstwood Holdings is a commercial and residential group with more than £200m of commercial investment assets on more than 120 sites nationwide, housing almost 1,000 occupier clients.

“We are very appreciative of all the professional services who helped make this deal happen including Rothschild for its unwavering support and all at Bruntwood for the smooth transaction.” Added Mr Ashworth.

Oliver Rowe of Avison Young acted on behalf of Hurstwood Holdings with Gateleys providing the legal advice. CBRE represented Bruntwood.

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