ACRE Capital have sold Sefton Park in Stoke Poges on behalf of Nuveen for £15.7 million. The offices are arranged across 4 modern buildings and a Grade-II listed Manor House and form part of a 34.5-acre strategic site.
The current rental income totals £1.5 million and the offices provide a WAULT of 1.4 years with 49% vacancy. The buyer will look to convert the offices to residential via permitted development.
Location: Stoke Poges
Property Type: Office
Transaction Type: Disposal
Client: Nuveen
