Claremont Group Interior Solutions buys Bartle House for £2m
Claremont Group Interior Solutions LLP has bought Manchester’s Bartle House in a deal worth £2m.
Claremont Group Interior Solutions offers serviced office accommodation in Birchwood, Warrington which is branded as The Breeze and is part of the Claremont group of companies, which includes Claremont Group Interiors – the £40m turnover interior design and fit out practice.
Bartle House, a 7,071 sq ft, three-storey building in Oxford Court was purchased from Stonebridge and sees Claremont Interior Solutions extend the breadth of its involvement in the North-West property market.
This follows the acquisition of five storey 15 Oxford Court in 2016, which is let on a traditional basis and has been subsequently upgraded.
Both properties enjoy the benefits of excellent locations close to public transport links at Peter Square and include private parking.
Mike Gardner, chairman of Claremont said: “This investment enables us to extend our serviced office business beyond Birchwood and into the central Manchester market and complements the more traditional building of 15 Oxford Court, which we purchased in 2015. We very much see this as a long-term investment.
“Bartle House is just over 60% occupied and I have every confidence that with the quality we offer, as well as the personal service and focus that we can bring, we will soon increase this to the levels we enjoy in Birchwood, which are in excess of 90%.”
The advisors on the deal were Hugh James Lawyers and Tony Howcroft of Hallams Agents.