14 May 2024

Sanderson Weatherall to market 487 apartments across three developments

14 May 2024

Sanderson Weatherall to market 487 apartments across three developments

Key Contact

Partner Neil Bestwick
T: 07710 986992

Sanderson Weatherall has been instructed to bring to the market three part complete residential conversion opportunities in Bolton, Newcastle upon Tyne and Newbury.

The developments include Globe Works in Bolton, Cuthbert House in Newcastle and Bayer House in Newbury, with a combined total of 487 apartments.

Acting on behalf of Joint Administrators c/o RSM UK Advisory, offers are being invited for the freehold interest of each development by Friday 12 July.

Neil Bestwick, Partner in Sanderson Weatherall’s Restructuring and Recovery team said, “We expect there to be considerable interest in these developments which are in the main well advanced in terms of the conversion works undertaken.

“Once complete, each building offers great investment and owner occupier potential, with all three properties being in excellent locations, close to local amenities and key transport infrastructure.”

Globe Works in Bolton provides 134 one, two and three bed units, 26 of which are complete. Cuthbert House in Newcastle provides 146 predominantly one bed units, with some two bed, and Bayer House in Newbury provides 191 studio, one and two bed unit types and multistorey car parking.

For further information please contact:

Bolton

Neil Bestwick and Craig Watson: globeworks@sw.co.uk

Newcastle

Kevin McGorie and Neil Bestwick: cuthberthouse@sw.co.uk

Newbury

Peter Loveday and Alex Blanning: bayerhouse@sw.co.uk

Access to a data room and viewing days can be provided to interested parties upon registration.