Hurstwood Holdings has acquired its second commercial property in Knutsford, Cheshire having agreed the off-market purchase of the former Global Eagle headquarters – a 13,155 sq ft stand-alone building on Parkgate Industrial Estate for an undisclosed sum.
The landmark building has been renamed Hurstwood House and is formalising plans to carry out a comprehensive refurbishment of the building to provide flexible, fully serviced office suites from 95 sq ft as well as possible trade counter space.
Hurstwood House sits at the entrance to Haig Road with easy access to the M56 motorway network and less than a five-minute drive to the historic Knutsford town centre.
Stephen Ashworth, Chairman and CEO of Hurstwood Holdings, says: “Following our acquisition of Winsford House in the heart of Knutsford last year, we have been particularly keen to build our portfolio in this part of Cheshire. The building is prominently situated on an established business park in an area that is seeing a significant amount of investment and we believe that following the events of the last 12 months, the demand for provincial offices will continue to rise.”
Williams Sillitoe acted on behalf of Hurstwood Holdings. Jones Lang La Salle represented Global Eagle. Gateleys advised Hurstwood on the legals for the deal and Together Money provided the funding.
Hurstwood Holdings is a commercial and residential property group with over £175 million of property on 115 sites nationwide housing over 800 occupier clients.
