Wednesday, August 01, 2023
Nationwide sell Wakefield building in £6m deal
A prominent building at Paragon Business Village in Wakefield has been sold. The 25,000 sq ft building, occupied by Nationwide for its regional call centre operation was sold to an investor for £6.02m by site owner and developer Yorkcourt Properties.
The building was acquired on behalf of a client by Manchester based Property Investment company Jaymar Estates and will form part of a property portfolio of seven buildings worth £32m.
The speculatively built premises were leased to Nationwide Building Society in December 2005 following a national search for suitable premises for its fifth UK call centre. This demonstrates the considerable strength in Paragon Business Village in meeting demand in the region for high quality office accommodation where accessibility is key.
Paragon Business Village is a 130 acre mixed-use site conveniently located 1 mile from junction 41 of the M1 on the A650. On-site amenities include a Bannantyne Health & Fitness Centre, Just Learning Crèche, Premier Travel Inn and Italian restaurant.
The agents acting on behalf of Yorkcourt Properties were CBRE and for Jaymar Estates Steadman Riley Chartered Surveyors.
The building was acquired on behalf of a client by Manchester based Property Investment company Jaymar Estates and will form part of a property portfolio of seven buildings worth £32m.
The speculatively built premises were leased to Nationwide Building Society in December 2005 following a national search for suitable premises for its fifth UK call centre. This demonstrates the considerable strength in Paragon Business Village in meeting demand in the region for high quality office accommodation where accessibility is key.
Paragon Business Village is a 130 acre mixed-use site conveniently located 1 mile from junction 41 of the M1 on the A650. On-site amenities include a Bannantyne Health & Fitness Centre, Just Learning Crèche, Premier Travel Inn and Italian restaurant.
The agents acting on behalf of Yorkcourt Properties were CBRE and for Jaymar Estates Steadman Riley Chartered Surveyors.
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