Commercial property

Office accommodation makes way for luxury flats

Written by Peter Davison.

14 Rollestone Street SalisburySix new luxury apartments are likely to be created following the sale of offices in an historic Grade II* listed building in Salisbury city centre to a developer.

Swiftsure Property Holdings Ltd has acquired 14 Rollestone Street in a deal brokered by city property consultancy Myddelton & Major.

The freehold price for the 4,008 sq ft (372.34 sq m) building remains undisclosed.

Myddelton & Major partner Dean Speer said: “This attractive three storey Grade II* Listed building, which retains many original features, was sold to a developer who will be looking at turning it into six apartments.

“We considered that the building, which has a large amount of space over three floors and an impressive entrance hall/reception area with a central stairwell, was ideally suited to residential conversion.

“It is part of a continuing trend for city centre commercial premises to be converted to residential as more professional people seek to live close to their place of work.”

The building also has a basement and a rear courtyard.

Rollestone Street is situated in the heart of the city centre, close to the Market Square and public car park facilities at Salt Lane, Culver Street multi-storey and Central Car Park.

It houses a mixture of commercial offices and residential uses, including the redevelopment of the former bus station by Churchill Retirement Living.

The property, parts of which date back to the 1700s, was constructed as a single building along with its neighbour, number 12.

It was previously the headquarters of the British conservation charity Plantlife, which works to save threatened wild flowers, plants and fungi. The charity has relocated to Salisbury's Milford Street.

It was marketed as office accommodation before being sold to Swiftsure Property Holdings.