Henry Boot sells Banner Cross Hall
Ahead of its relocation into Sheffield city centre, the property group has disposed of its grade two-listed former headquarters to local firm Davison Property Investments.
Knight Frank handled the sale of the 10-acre Banner Cross site for Henry Boot, on a “price on application” basis. The sale price was undisclosed. Banner Cross Hall’s floor areas comprise around 17,400 sq ft.
The buyer said it intends to sensitively restore the hall to cater to its range of business activities including recruitment, training, payroll, clinical insourcing and property investment.
Davison will also transform part of Banner Cross Hall into dedicated serviced flexible workspace, much as it does at the listed Globe Works at Kelham Island in the city.
Alongside the workspace, there are plans to create an artisan restaurant and café, which will be open to the public.
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Banner Cross Hall, which is accessed from Ecclesall Road South, dates back to 1821 and has been used by Henry Boot since 1932.
The firm announced in March that it will move to 12,800 sq ft in the Isaacs Building, part of Sheffield’s Heart of the City development. ADT Workplace is delivering the fit-out.
Tim Roberts, chief executive of Henry Boot, said: “Banner Cross Hall has been home to Henry Boot for over 90 years and has facilitated the successful growth of the company throughout this time. We are pleased that the building will retain its core function as an office space, while the new owners also have plans to open up the building to the public, who will be able to benefit from the fantastic grounds that the Henry Boot team have been fortunate to enjoy for many years.
“The sale of Banner Cross Hall represents the next exciting part of Henry Boot’s story, and we are looking forward to the move in November this year to help strengthen the links we have with the city and our partners. Our founder Henry Boot originally based the business in premises on Moore Street in the city, so in a way, it feels like we’re coming home.”
Matthew Davison, chief executive of Davison, said: “We are delighted to have been chosen by Henry Boot as preferred bidder to take over the custodianship of such an important local landmark. We look forward to working with Sheffield City Council and the local community to help shape the next exciting stage in Banner Cross Hall’s history.”