Thu, 03 Apr 2014 | COMMERCIAL PROPERTY
The former offices of the Plymouth Herald, located in the north of the city, are up for sale with a price tag of £5 million.
The newspaper moved to a new site in the city centre last year and has reported itself this week that its previous residency is on the market. Colliers International and Vickery Holman are managing the sale.
The site, which is located just off the A386 Tavistock Road, has a futuristic design and the Plymouth Herald reports that offices are available to buy or let on a floor-by-floor basis. The full office building, otherwise known as the Ship, has been valued at £5 million.
The Ship was designed by Sir Nicholas Grimshaw and completed in 1993. It has since received multiple design awards – including the Royal Institution of British Architect Award in 1994 – that have seen it become celebrated as one of the south-west’s best known and most distinctive buildings.
The office building has been stripped, leaving large open areas with ceilings up to eight-metres-high ready to be occupied. The space is said to be suitable for a variety of purposes but its proximity to Derriford Hospital makes it particularly attractive for businesses in the medical sector.
Mike Oldrieve of Vickery Holman said: “As you would expect the offices are fitted out to a moderns standard, largely open plan with raised floors, suspended ceilings with category II recessed lighting and full air conditioning throughout. There is also an excellent level of parking with 244 spaces on site.
“Whatever businesses are attracted by the next stage of development, the Ship will maintain a very high profile on Plymouth’s business scene.”
The wholesale business has an established trading history and has built up a strong reputation and a loyal customer base. Business is drawn from a wide demographic of clients with a good spread across different business sectors.
This is a unique opportunity to acquire a company specialising in luxury performance cycle clothing, utilising the finest specialist fabrics and cutting-edge construction techniques.
A leading internet-based provider of customisable and curated beauty box services. Over the last decade, the business has evolved from a premier subscription service to a leading internet-based provider of highly attractive and rapidly expanding beau...
WEB-BASED
11
|
Jul
|
Holiday letting agency acquires Cornish self-catering holiday specialist | BUSINESS SALE
Travel Chapter, a leading UK holiday letting agency, has ann...
11
|
Jul
|
Power services firm set to be acquired by US energy resilience group | BUSINESS SALE
The Wilmott Group Limited, a power services group with opera...
11
|
Jul
|
Dunfermline vehicle manufacturing services firm enters administration | ADMINISTRATION
A specialist manufacturing business based in Dunfermline has...
Business Sale Report is the complete resource for finding genuine acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.