Society House, West Bromwich
Black Country property firm Bond Wolfe has sold the former home of the West Bromwich Building Society at 374 High Street.
Society House, the former West Bromwich Building Society headquarters, has been sold to a specialist residential developer for £3m.
Doncaster-based Empire Property Holdings Ltd has acquired the 45,000 sq ft office building from a London-based family investment company and will be converting the building into 100 residential units.
The building was acquired by Empire Property Holdings after the West Bromwich Building Society relocated to newly-built premises at Providence Place, West Bromwich.
Bond Wolfe managing partner James Mattin said: “It is fitting that in the year that Bond Wolfe celebrates our 35th anniversary, we have sold this locally iconic building.
“I am delighted that this building will be brought back to life as West Bromwich continues to progress through inward investment.
“The New Square and Providence Place developments have transformed the landscape in the town and it is important that High Street buildings are put to effective use to supplement the recent development in West Bromwich.”
The acquisition is Doncaster-based Empire Property Holdings’ first in the Midlands, having previously purchased properties in Yorkshire, Lancashire and the North East.
Speaking about Empire’s first investment in the Midlands, managing director Paul Rothwell added: “We are delighted to have been able to acquire Society House.
“The town centre location makes this an ideal property for conversion into residential units with easy access to local amenities and transport links.”
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