Published on Thursday, 28 August 2014
Clark Weightman has successfully completed the sale of Pacific Exchange at 40 High Street in Hull on behalf of the Police and Crime Commissioner for Humberside.
The office provides a prestigious Grade II Listed building with car parking to the rear. Internally the accommodation provides a mix of individual offices, open plan work areas and large conference room. The offices have a net internal area of 407 sq m (4,379 sq ft).
The Police and Crime Commissioner, Matthew Grove, said: “As soon as I was elected I made a promise to sell Pacific Exchange, the building I inherited from the former Police Authority, and use the proceeds to create a fund for local community projects that will help me deliver the outcomes in my Police and Crime Plan. I`m pleased Hull City Council has purchased Pacific Exchange, as it is a beautiful building with lots of history, and rightly belongs to the city of Hull.”
The net proceeds from the sale along with savings in the cost of his office will be used to create the Commissioner`s Crime Reduction Fund, where local groups across East Yorkshire and Northern Lincolnshire will be able to submit bids from projects to aid crime reduction and community safety.
The property had been offered for sale freehold at a guide price of £425,000.
For further information please contact Carl Bradley on 01482 645522.