Property consultant Eddisons has sold one of Bradford’s best-known buildings, Newsquest’s iconic Telegraph and Argus headquarters in the city centre.
The 80,000 sq ft building, which incorporates the newspaper’s early 1980s-built glazed press hall, has been bought by a London-based developer, which is currently assessing options for its redevelopment.
Eddisons also secured Newsquest’s relocation of its Bradford operation to the historic Newhall, close to the M606. The refurbished modern offices will enable the newspaper to upgrade its technology and it is due to move all departments to the new location by May.
Eddisons’ agency director John Padgett and surveyor Matt Jennings, who are based in the firm’s Bradford offices, acted on the deal for Newsquest. “It was a privilege to work on the sale of what must be one of Bradford’s most iconic buildings,” said Mr Jennings.
“The new owner is yet to reveal its plans for the Telegraph and Argus building but we know they are working on a number of new initiatives for the next chapter of the property’s existence. It’s a really positive move for Bradford and we are looking forward to seeing it take on a fresh new identity and be brought back to life as an asset to the community in what is the UK’s youngest city.”
Newsquest’s new Newhall premises have been refurbished by the site’s owner Frank Marshall Estates, with which it will share the building. Mr Jennings added: “It has been a tremendous outcome all round. Newhall is an amazing new office building and it will be the ideal location for Newsquest to continue to grow as a high tech media business.”
Newsquest has also instructed Eddisons to sells two of its Northern Echo newspaper properties in Darlington. Its 49,000 sq ft town centre office block and former transport depot are due to be put on the market in the coming weeks.