E.ON’s former premises on Phoenix Business Park has been sold to a national church group for £1.45m.
Acting on behalf of private clients, FHP have concluded the sale of Wyvern House on Phoenix Business Park, a detached 12,000 sq ft office building which was previously occupied by Eon prior to their rationalisation on the park. The property has been sold to The Winners Chapel, a church group, predominately for office and administrative functions of the organisation which operates nationwide with ten branches in the UK to date.
The property was sold at a price of £1,450,000 and will now undergo a substantial refurbishment to provide modern office spaces and an open congregational hall area on part of the ground floor.
Mark Tomlinson, Director at FHP, who concluded the sale on behalf of the sellers commented:
“We are very pleased to have completed this sale which will hopefully breathe new life into this part of Phoenix Business Park which had suffered from reduced occupancy levels since the Coronavirus Pandemic.
We are delighted to see that many of the occupiers within Phoenix Place are now returning to the office and this deal, alongside other projects we are working on in the business park will bring Phoenix Place back to full occupancy, which is very pleasing to see.”
Savills were joint selling agents on the deal.
