Solent: Goadsby Commercial sells Bournemouth’s largest office building
Acting on behalf of Axa Real Estate Investment Managers UK, Goadsby Commercial has sold the freehold interest of Heron House, Christchurch Road, Bournemouth.
This substantial office building occupies a prominent position at the Lansdowne and comprises approximately 47,500 sq ft. The ground and second floors are let to NatWest Bank with the remainder vacant.
Bill Parker, director Goadsby Commercial, commented: “We received a lot of interest in this building, particularly due to the permitted development rights which allow the property to be converted to residential use. Prior approval had been granted for 70 residential apartments. In the end, we received 16 bids for the property from a mixture of local and national developers and the price exceeded expectations.”