London, March 2016 – Boultbee Brooks Real Estate (BBRE) has sold Castlefield Chapel to Shirestone Estates Ltd for £2.9 million in Manchester.
Castlefield Chapel, which was acquired by BBRE as a property investment in July 2015 as part of a property portfolio deal worth £16 million, is a Grade II Listed building located in Castlefield’s Urban Heritage Park and less than 100 metres away from Deansgate Railway Station and Metrolink. The building was designed by architect, Edward Walters, and originally opened as a congregational chapel in 1858. Since then, it has undergone significant refurbishment work to provide contemporary, high specification workspace in one of Manchester’s most desirable locations, and now comprises 12,132 sq. ft. of space over the lower ground, ground, first and second floors.
James Whitcher, Asset Manager for BBRE, said: “Manchester’s prime commercial property market is thriving and the Castlefield Chapel is a unique office building located in a popular area. We’re pleased with the sale and look forward to continued work in the area.”
OBI Property acted for Boultbee Brooks and Knight Frank acted for Shirestone Estates.
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