A four-storey office building in Manchester’s Civic Quarter has been sold to a European real estate investment firm for £13 million.
FORE Partnership has acquired the 48,160 sq ft, former home of London Scottish Bank, from Titan Investors.
Basil Demeroutis, managing partner of FORE, says: “We are thrilled to have acquired a strategically-located, city centre office building in one of the UK’s most dynamic cities.
Former owners Titan had designs for a redevelopment of the 24 Mount Street location approved by the council earlier this year. FORE now plans to present a “highly-sustainable building, offering high-quality and flexible office space.”
Demeroutis adds: “This is a great opportunity to deliver something very special, a space that connects with its surroundings and the buzzing community around St Peter’s Square and the Manchester Central Convention Complex.”
Lambert Smith Hampton represented as FORE’s agents on the sale, while Zaman Roberts acted for Titan Investors.