Manchester Offices acquired for Consular Use
Thursday, September 01, 2011Manchester
Acting on behalf of private clients, the Manchester office of Matthews & Goodman have acquired the freehold interest in No.1 Norfolk Street, Manchester, a Grade II Listed office building extending to 26,700 sq ft over basement, ground and four upper floors. The details of the transaction are confidential.
Dominic Evans, Senior Executive at Matthews & Goodman, commented "After an extensive search No.1 Norfolk Street was identified as satisfying the stringent criteria required by the purchaser, notably flexible accommodation in a central location in proximity to good transport links." The property was acquired with vacant possession following the simultaneous surrender of the occupational lease to the former tenant, Deloitte, who have not occupied the property for some years. The property was subject to a successful application for a change of use, secured by Matthews & Goodman's planning team, from office to consular use during the acquisition process.
Dominic Evans at Matthews & Goodman acted for the purchaser, a sovereign state. Henry Godsall at Fineman Ross acted for the vendor, a private investor. Ken Bishop at DTZ acted for the tenant, Deloitte. The solicitors for the vendor were Hilmi & Partners, London and for the purchaser, Cobbetts, Manchester.