Mounsey Surveyors has successfully completed the letting of 3,889 sq.ft. of office space within the ground floor of Alexander House. Located in Stoke-on-Trent’s city centre, the grade II listed building was originally a Methodist school, and more recently occupied by The Sentinel (Reach Plc). The premises will now be one of five branches for Smith Partnership Solicitors, who have signed a new 10-year lease.
Becky Thomas, of Mounsey Surveyors said: “We are very pleased to welcome Smith Partnership to the city centre. The office market has faced challenges in recent years for many landlords as businesses adopted hybrid and flexible working, which has led to many occupiers downsizing. However, Alexander House presented the ideal opportunity for the law firm, and we are glad to have secured the tenant on behalf of Sandyford Estates.”
Charlotte Worthington, of Sandyford Estates added: “We are delighted with the successful letting of the ground floor of this iconic building. It’s a unique opportunity within our property portfolio, which has now secured a well-established business. Once Mounsey Surveyors had identified the tenants, they swiftly negotiated and agreed lease terms. We are very pleased with their professionalism and expertise throughout the letting, and we now look forward to working with them again to secure a purchaser.”
Mounsey Surveyors are jointly marketing the premises for sale with a quoting price of £650,000. The first floor, offering an additional 3,583 sq.ft., is currently vacant and provides an attractive opportunity for potential owner-occupiers or investors, who can also benefit from long-term rental income from the ground floor.
For further details, contact becky@mounseysurveyors.co.uk / 01782 202294 or joint agents, Louis Taylor, on 01782 260222.