Property investment and development company MCR Property has bought the 44,000 sq ft Dale House at auction for £2m.
MCR said it plans to complete a comprehensive refurbishment of the building’s available three floors. The work will start in September and is set to be completed in November.
MCR Property, which trades commercial and residential assets across the UK, purchased the office through Acuitus auction.
Located in Stockport town centre, Dale House suites range from 3,000 sq ft to 10,000 sq ft.
John Poole, asset manager at MCR Property, said: “Acquiring an office building in Stockport has been on our radar for a while, it has excellent transport links and provides a great catchment area for employers. We can offer quality office accommodation with parking at a fraction of the price of city centre offices.
“MCR Property is continuing to pursue commercial property opportunities nationwide. We will be announcing further acquisitions very soon.”