Henry Boot has sold its former head office at Banner Cross Hall in Sheffield to Davison Property Investment for an undisclosed price.
The new owners intend to restore the Grade II listed building to provide modern workspace to cater for the company’s wide range of business activities, with part of the hall converted into serviced workspace for local Sheffield businesses to use on a flexible basis.
Banner Cross Hall dates back to 1821 and has been used by Henry Boot since 1932. Henry Boot announced in March this year that the company was relocating its HQ to the Isaacs Building in Sheffield city centre.
Tim Roberts, chief executive officer 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, CEO of Davison Property Investment, added: “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.”
Knight Frank advised on the sale of Banner Cross Hall.
