Gupta Brothers Buy Wolverhampton’s £3m Carillion House
Carillion had leased the building for around £440,000 a year since it was bought by an unnamed private investor for £6.2 million in January 2016. That investor has now sold to the Guptas.
The Staffs was later taken over by the Portman, which then became part of the Nationwide Building Society, which finally moved out and left the building empty. Carillion moved in during 2008 and the building became its official headquarters seven years later after the lease expired on its former Peal Stret home.
It borders the site of the leisure-led Westside scheme, which encompasses land between Penn Road Island and Salop Street, including the current School Street and Peel Street car parks and the area around Market Square. Phase one of the development will deliver a multiplex cinema, 50,000 square feet of additional leisure space, new restaurants covering 40,000 square feet, a 100-plus bed hotel and a multi-storey car park.
Ref : Property Report
