PRESS RELEASE

27 November 2017

BLUE MARBLE SELLS PRIME RUNCORN OFFICE INVESTMENT IN DAYS

Blue Marble Asset Management (Blue Marble) has sold a prime 6,175 sq ft Runcorn office building, only days after it went on the market.

Acting on behalf of an in-house private client, Tim Matthews, Chief Executive of Blue Marble, sold Unit 2, Wellfield Business Park, Preston Brook, Runcorn, WA7 3FR, to a private investor for a sum well in excess of the asking price of £848,000.  Blue Marble was advised on the sale by Zaman Roberts.

Unit 2 is a 6,175 sq ft self-contained, two-storey office building, built in the 1990’s, which has been fully refurbished and has air conditioning, gas-fired central heating and on-site car parking.  It is fully let to Wentworth House Rail Systems Ltd on a five year lease which commenced on 1 July 2017.

Wellfield Business Park is located on an established modern office park on the A56, close to Junction 11 of the M56.  The property has excellent prominence to the M56 motorway and good links to Manchester International Airport.  Runcorn and Warrington railway stations are both within a 10 minute drive providing inter-city access to London Euston.

Mr Matthews says: “There was a huge amount of competition for this excellent building from the moment it went on the market and we agreed a deal after only a few days and completed the sale within only four weeks.  The sale delivers a strong capital return to our investor client, as part of our on-going planned investment strategy.”

Based in Birmingham’s Colmore Business District, Blue Marble Asset Management is a real estate asset management specialist which presently has more than £75 million of property assets under management.  It works for a select range of clients including investment businesses, high net worth individuals, trusts and family offices.  Its business is based on taking a holistic and strategic view of each of its property investments.  It can be contacted on tel. 0121 272 4949 or email. tmatthews@bmassetmanagement.co.uk  or via www.bmassetmanagement.co.uk.

Picture caption:  Unit 2 Wellfield Business Park, Runcorn.