Sibbett Gregory sell office building in Southampton

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Acting on behalf of a longstanding client, Sibbett Gregory have sold 1 Bellevue Road, Southampton to a regional investor.

The property comprises a three storey office building with excellent potential for either future rental growth or redevelopment utilising existing permitted development rights.

Alastair Knott, Director at Sibbett Gregory commented: ‘Our marketing generated significant interest with bids ultimately invited via an informal tender process. We received numerous offers and were pleased to agree an unconditional sale at a level significantly over the quoting price.’