Family-owned investment company Hurtwood Capital has made its first acquisition in Winchester through the purchase of a prominent Winchester building.
The Grade II Listed property, at 17 The Square, occupies a prominent corner position on a pedestrian thoroughfare and is fully let to Pavers Limited, trading as Jones The Bootmaker, on a lease expiring in February 2028.
The sale was managed by Primmer Olds B.A.S on behalf of an unnamed pension fund client with the transaction completing in six weeks.
Hurtwood Capital has holdings across the South East and South West of England and is also the owner of The Business Magazine.
Primmer Olds B.A.S agent Oliver Noble said: "It was great to be involved in the transaction of a landmark building in central Winchester, growing our presence in the city.
"It goes to show with a motivated seller and purchaser and good lawyers, transactions can move quickly to everyone’s benefit. We look forward to continuing to grow our presence in Winchester and the South Coast as the go to agent for property investment transactions."
Frettens advised Hurtwood Capital and Ashfords advised the seller.
READ MORE: Plans submitted for disused army camp near Winchester city centre
Bath-based Future plc, the publisher of specialist online and print magazines, said trading in its…
The university of Bristol was one of six organisations to receive a contract from the…
Oxford BioDynamics Plc is teaming up with researchers at King's College London in a bid…
More than a quarter of a million extra construction workers are needed in the UK…
Kent-based housebuilder Vistry revealed it was on track to deliver more than 10% growth in…
A Dorset-based company, which has developed ground-breaking technology to recycle plastic waste and turn it…