Could hotel chain make a bid for Gloucester City Council offices?
By James Young | 21st March 2019
Three of the historic warehouses at Gloucester Docks have been put on the market.
Gloucester City Council have appointed Bruton Knowles to market 75,000 sq ft of space across the Grade II listed Herbert, Kimberley and Phillpotts Warehouses.
Previously used as the council's offices, the recent and ongoing move in to new offices at Shire Hall, will soon leave them vacant and open to new development.
In the latest edition of Punchline magazine, Gloucester City Council leader Paul James said that the uniqueness and history of the properties are likely to entice a number of interested parties.
Councillor James said: "It could be that it's a hotel, student accommodation or serviced apartments. I don't think it is likely to be let as another office as it's 70,000 sq ft, so a lot for a single occupier.
"It's a great location right on the water and we will take into account the mix of uses in the Docks when we make the decision.
He added: "The Docks are a key heritage asset for the city and we originally moved to the warehouses to kick start their regeneration.
"However, now the docks are a lively and vibrant tourist attraction, which draws millions of visitors every year."
The council moved into the warehouses more than 30-years ago but made the decision to move into the revamped County Council offices at Shire Hall in order to save funds.
Cllr James said the council were "open minded" about what kind of development they want to see and over whether its as a one-off sale or an ongoing revenue stream.
"We feel it's time to see the buildings being used for another purpose which complements the massive multi-million-pound regeneration that is taking place right across the city," Cllr James said.
"The warehouses are too big for the City Council's current requirements, so disposal will release a saving for the council taxpayer and help to regenerate the northern part of the Docks."
Headquartered in Gloucester, on Olympus Park in Quedgeley, Bruton Knowles are excited to have the chance to take the historic properties to market.
Dorian Wragg, a Gloucester-based partner at the firm, said: With the Bruton Knowles headquarters based in Gloucester, the Docks is an area we're always fighting to work on.
"To be able to market this amount of space is a once in a lifetime opportunity.
"We're confident the warehouses will be quickly snapped up and we're excited to see how the buildings will be transformed."
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