Hurstwood buys fully let office in Cumbria
The 45,000 sq ft Sir Christopher Harding House in Whitehaven has changed hands for an undisclosed sum.
Hurstwood has acquired the freehold of the two-storey building from a private vendor.
Sir Christopher Harding House, located off North Shore Road, is let to the Nuclear Decommissioning Authority, which has the whole of the ground level and United Utilities Water, which occupies the first floor. Both companies agreed 10-year lease renewals last year.
The acquisition is an “especially significant and exciting addition” to Hurstwood’s portfolio, according to Stephen Ashworth, the company’s chairman and chief executive.
“The building is strategically situated in what is an established primary business location for the UK’s nuclear industry and green energy sector,” he said.
“With the ongoing decommissioning work at Sellafield and planned ‘Nu-Gen’, next-generation power station at Moorside, the area continues to attract international business and major new contracts.”
Christopher Dee acted on behalf of the vendor and Avison Young represented Hurstwood Holdings. Gateleys provided legal advice and Rothschild funded the acquisition.