Freehold of landmark office building in Bournemouth sold

Bournemouth Commercial Property Agents and Chartered Surveyors,Nettleship Sawyer acting on behalf of a national Property Fund have recently successfully sold the freehold Investment of the landmark office building known as Richmond House ,Richmond Hill, Bournemouth to local entrepreneur Robert McKay Kay.

Steve Chiari of Nettleship Sawyer commented that ‘the 57,000 sq ft multi let office building, located immediately opposite the Nationwide Building Society headquarters and very close to Bournemouth Echo and with tenants that include The Secretary of State ,Handelsbanken ,Hays and The Richmond Group has provided a unique opportunity to acquire a substantial parcel of Bournemouth Town Centre real estate and further cements our thoughts that whilst nationally the commercial property market is generally rather flat, Bournemouth has fortunately continued to be a location looked upon favourably by property investors/entrepreneurs’

A price significantly in excess of £3m was achieved.