Fri, 09 Mar 2018 | COMMERCIAL PROPERTY
A large commercial property in the centre of Hull has been put up for sale, with its owners seeking an asking price of around £1.8 million for the mixed-use building.
Shirethorn House, a large development located on the corner of Prospect Street and Spencer Street in the Humberside city, is being marketed by its current owners, MCR Property Group, as a hub for several businesses.
The site itself comprises a 47,320 square foot freehold in the middle of the city, including 13,869 square foot retail space on the ground floor and the remaining 33,451 square foot of space dedicated to offices spread over the property's top-most two floors.
At present the property agents report that the hub is more than three quarters full of commercial tenants, with lettings including businesses and household names like the British Heart Foundation and Optical Express.
The Shirethorn listing also mentions the property's "convenient location" at the nexus of several transport links, as well as being within walking distance of the rest of Hull's city centre.
Nick Lake, fund manager at MCR Property Group, said: "Shirethorn House is conveniently located near main retail and commercial facilities; St Stephen's Shopping Centre, Princes Quay shopping Centre and the city's main bus and train stations are all within easy walking distance.
"There has been unprecedented growth and regeneration in Hull since its UK City of Culture status was awarded in 2017. With over £100m worth of infrastructure investment in the city alongside major companies, such as Siemens, moving into the area, it is no surprise that there is great demand for commercial space of this nature."
Indicative offers are required by 12:00hours on Monday 20 January 2020 with a view to completion shortly thereafter. The proposed Joint Administrators are seeking parties interested in the business and assets of a Company that trades as a recruitment...
LEASEHOLD
Offers and proof of funding sought by 17:00hours on Friday 24 January 2020. The Joint Administrators are seeking parties interested in the business and assets of a commercial contractor business based in the Midlands.
Provides highly skilled and professional hospitality staff across a variety of sectors. Recognised as both a preferred and top tier supplier for several of its prestigious clients. Supplying both temporary and permanent Nationwide staffing solutions....
LEASEHOLD
|
17
|
|
Jan
|
Sample book and shade card manufacturer acquired from administration | BUSINESS SALE
The business and assets of Yorkshire-based display products ...
|
16
|
|
Jan
|
Northgate and Redde shareholders approve merger | MERGER
The proposed merger of listed companies Northgate and Redde ...
|
15
|
|
Jan
|
SSE sells retail business to OVO Energy | DIVISION SALE
Power utility SSE has announced it has completed the sale of...
Sign up to receive our acquisition alert emails to get your FREE guide
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources