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Birmingham Post
Birmingham Post
Business
Coreena Ford

Former North East HMRC base transformed in £2.5m investment by new owners Kingscrown Group

A North East building that was home to HMRC for a 25 years has been sold and revamped to transform it into modern offices.

North West-based commercial property investors Kingscrown Group have acquired the 36,000 sqft Waterside House from previous owners Topland Group, investing £2.5m to completely remodel and refit the building for hybrid working. Kingscrown Group specialise in breathing new life into commercial buildings and own a diverse portfolio of high quality residential and commercial properties across the North, including a number of developments on Teesside.

Now completed, Knight Frank and Connect Property have been appointed as joint agents for the building, based at Sunderland Enterprise Park with views of the River Wear. Neighbouring office occupiers include Berghaus, TSB, Sunderland NHS and Sunderland City Council, Avant Homes and Taylor Wimpey.

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