White Commercial has sold a 15,000 sq ft office development in Banbury town centre on behalf of law firm Brethertons.
Waterperry Court, a 1990s development of four office buildings, has been sold to a residential developer who plans to convert it to homes.
White Commercial is also advising Brethertons – currently in a temporary home at South Bar – on its relocation within the town.
Chris White of White Commercial said: “Having been involved in the original development of the scheme in the early 1990s, the four self-contained buildings, adapted to meet the rapid expansion of Brethertons, have now been sold and it is likely that the buildings will be developed for residential flats/accommodation with potential to develop further accommodation within the site.”
Alison McCormack, chief executive at Brethertons, said: “In early October, we announced we were selling our premises at Waterperry Court in Middleton Road, as we were keen to move into more modern, sleek premises fit for the 21st Century and somewhere where our staff would be delighted to work. As a temporary measure, we have taken a lease on a ‘pop-up’.”
He added: “Our customers should rest assured that we have not left the town. We have been here for nearly 30 years and have no plans to relocate elsewhere. The scheduled date for the opening of the Brethertons office on South Bar is December 1.”
© Thames Tap (powered by ukpropertyforums.com).
Sign up to receive your free weekly Thames Tap newsletter here.
