Historic building to be converted into 14 apartments

Property development business York Two has acquired the former Savills building at 46-48 Bootham in York from the Helmsley Group.

The prominent three-storey building, constructed in the 1950s after the site was damaged during the Second World War, is located next to the Bar Walls in the city alongside Marygate.

Following the deal, the premises will be developed into 14 residential apartments.

Dean Russell, Director of York Two, said: “This is a great investment opportunity in a prime location in York.  We are looking forward to how the project will look when it’s finished.”

Clare Davitt, a Real Estate Senior Associate in the Leeds office of Irwin Mitchell, advised York Two on the deal. Other members of the Irwin Mitchell team include Robert Farrell (banking & finance) and Emily Sinclair and Alison Lockwood (construction).

Davitt said: “This is a well-known building in York and I’m delighted to support York Two on this transaction.

“The property has a superb location in York and I look forward to seeing the completed development which will no doubt add high quality residential stock to the city.”

The Project Manager for the acquisition was Matthew Gration at Aspect 4 Limited. The Architect was Lee Vincent at DC Architecture.

 

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