An office building on The Downs in Altrincham has been sold for £280,000 to Novo Property Group for residential conversion.
28 The Downs comprises 3,155 sq ft with a ground floor retail unit and offices on the upper two floors. The retail unit was previously The Collector Interiors.
Alexander Clarke, acquisitions director of Novo Property Group, said: “The building on the boundary of the prime residential areas of Altrincham and Bowdon is ideally located for residential conversion.
“This part conversion, part new build will incorporate an extension to the rear and the transformation of the existing building to create five high end apartments with associated car parking, whilst retaining the prominent retail outlet. We will shortly be submitting a planning application.”
Daniel Lee, director of Regional Property Solutions who acted for the vendor, a private individual, added: “This building was destined to be sold for residential given its location and proximity to the town centre.”
This is Novo’s third residential project in Altrincham with construction, just started on the new ‘Tannery’ development of 13 apartments adjacent to Goose Green.
