In brief: CPP, Mill House, CBRE

PROPERTY consultancy Commercial Property Partners have been instructed to manage Steel City House in Sheffield.

CPP’s Property and Asset Management Department have been asked to provide a full Property Management service at the site.

Grade II-listed Steel City House was built in 1927, and was purchased by Scotts Developments last year for £3.5m.

The building is undergoing a £5 million refurbishment which will create 67,000 sq. ft. of Grade A office accommodation.

Matthew Fitzgerald, partner and head of Property and Asset Management with CPP, said: “It is exciting to be involved with such a flagship building in the centre of Sheffield.

“I have known Steel City House for years and it is great to see the building being given a new lease of life through Scotts Developments’ extensive refurbishment, including two additional floors”.

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A YORK granary mill, which has been transformed into high-quality Grade A offices, is now almost fully let after a raft of deals were completed there.

Formerly the offices of the City of York Council, there is only one office suite of 1,745 sq ft left.

East Yorkshire-based construction company Houlton spent £750,000 on refurbishing the 16,000 sq ft Mill House in North Street by the banks of the River Ouse.

The North Yorkshire Police then signed a 30-year lease with Houlton for 4,000 sq ft of prime office space on the ground floor.

Carillion Construction, AGH Engineering, Colas Rail Ltd and Qa Research have all moved into the four-storey building.

York property consultancy Lawrence Hannah and London-based agency Behrens Sharp are marketing Mill House.

Miles Lawrence of Lawrence Hannah commented: “These deals, featuring strong leases at good rents, are a ringing endorsement of the quality of the refurbishment of Mill House and its excellent location.

“The City of York Council had occupied Mill House since the late 1990s and inevitably it needed tender loving care.

“The comprehensive refurbishment, which includes full air-conditioning, open plan offices, a brand-new reception area and lift, together with new kitchens and toilets, created high-specification office space fit for the 21st century.”

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LINCOLNSHIRE pub The Royal Oak is on the market, with offers in the region of £225,000 for the freehold property.

The Specialist Markets team at CBRE in Leeds has brought The Royal Oak in North Kelsey, Lincolnshire to market.

Currently closed, the property offers potential for redevelopment subject to planning.

Andrew Watt, senior director of Specialist Markets at CBRE Leeds, said: “The Royal Oak is a property with immense potential within the heart of the village of North Kelsey, just opposite the parish church.

“Properties such as this attract keen interest due to their surroundings and the opportunities they present for redevelopment.”

 

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