BPE Solicitors advises Boultbee Brooks on the sale of Hyphen Building in Manchester
The Team at BPE, led by Partners Jo Bewley and Doug Armstrong, have advised Boultbee Brooks Real Estate on their sale of the newly refurbished Hyphen Building in Manchester.
Having acquired the two neighbouring buildings in 2017 (as part of a portfolio acquisition from M20 Property Group) Boultbee combined these into one and created “Hyphen”, a dynamic workspace offering business flexible leases for spaces ranging from 650-7,000 sq ft. The building boasts an onsite coffee shop and a state-of-the-art gym, as well as a large communal terrace with feature planting and seating which provides outdoor space for tenants in the heart of Manchester’s burgeoning business quarter.
Over the last few years Boultbee have, alongside that refurbishment, taken Hyphen to almost full occupancy, really maximising the lettable potential of the building. BPE have acted on the grants of all of those leases, and have acted for Boultbee Brooks for many years, and so were incredibly well placed to advise Boultbee on the sale of the multi-let building to Blue Coast Capital this year. Contracts were exchanged in August and successful completion took place at the end of September.
Zoe Wood, Asset Manager at Boultbee Brooks, said, “As usual, BPE excelled in getting this complicated transaction over the line for us, and we cannot recommend them highly enough”.
Commenting on the deal Doug said “It was brilliant to see how Boultbee took these buildings and transformed them into something so dynamic. And, as always, it was a real pleasure to advise Boutlbee on the sale of Hyphen to Blue Coast Capital”.
To discuss how BPE Solicitors can support your real estate needs, contact Jo Bewley or a member of the BPE Commercial Property team on 01242 224433.
ENDS
For more information, please contact Victoria Lowe at bpe@bpe.co.uk or 01242 248290.
Notes to editors
BPE Solicitors is a UK law firm with more than 130 staff, including 70 fee-earners, and has offices in Cheltenham and London.
BPE supports businesses in all sectors throughout their lifecycle, from start-up to multi-million pound, multi-national operations, and covers business structuring and development, organic and acquisition-based growth, joint ventures, buying, selling or floating a business.
BPE also provides personal legal services including family matters, wills, trusts and private wealth.
The breadth and depth of BPE’s legal services is coupled with a highly pragmatic, commercially-focused and empathetic approach to ensure clear, straight-talking legal advice for the real world.
For more information, please visit: www.bpe.co.uk
These notes have been prepared for the purpose of articles only. They should not be regarded as a substitute for taking legal advice.