Legat Owen announces sale of Electra House

Further to the recent sale of Emperor Court, Legat Owen has announced the sale of Electra House at Crewe Business Park. PAGG Properties Ltd has sold this multi occupied building of 20,000 sq ft to Bond Estates, the investment arm of H. W. Coates Ltd, for an undisclosed sum.

Brian Reay, Director of PAGG Properties Ltd commented: “Electra House is a prime example of high quality office space designed to allow businesses to expand and grow. Its occupiers include Medtrade Products Ltd and Alan Boyd Consultants Ltd as well as several other well established and successful companies. It is also home to Corspace which offers flexible hot desks, dedicated desks and small offices tailored to modern working practices.”

“We would like to thank Andy Butler and the Legat Owen team for negotiating the sale and for their dedication over the many years of managing the property on his behalf.

Richard Perry, Managing Director at Bond Estates added: “Crewe Business Park presents a thriving commercial estate in an excellent location and we are delighted to add Electra House to our growing property portfolio.”

Bond Estates was unrepresented.