Town Centre Investment Sold

Acting on behalf of an institutional client, Sibbett Gregory & joint agents CBRE, have sold a major long leasehold investment located within Poole town centre, opposite the Dolphin Shopping Centre.

The properties within the ownership included a former branch of Natwest Bank (the 18,500 sq ft Arndale House) as well as numerous retail units and offices located along Kingland Road with tenants including Boots Opticians, The Royal Bank of Scotland & Fox & Sons estate agents.

Alastair Knott, Director at Sibbett Gregory commented: “Whilst the ownership and structure of the Head Lease was quite complex, the strategic location within Poole town centre provides numerous development and investment opportunities for the purchaser”.