Warrington town centre office sold

1 Froghall Lane

BE Group, on behalf of client Walter Carefoot & Sons, has completed the sale of 1 Froghall Lane in Warrington to owner-occupier Ivers Care Services, for an undisclosed sum.

The registered healthcare provider, which also has offices in Birmingham, Sheffield and Middlesborough, will occupy the 1,700 sq ft building which sits in close proximity to Warrington town centre.

Greg O’Hara, surveyor at BE Group, said: “Whilst 2019 was somewhat characterised by economic uncertainty, the appetite of owner-occupiers remained strong.

“Each year we see consistent numbers of freehold sales and 2019 was no different, with just over 28% of all office transactions completed on a freehold basis last year.”

He added: “We achieved £150 per sq ft for the sale of 1 Froghall Lane, which further demonstrates that owner-occupier demand is strong in Warrington.”

BE Group acted as sole agents on behalf of Walter Carefoot & Sons.