Kestrel Court is sold

PUBLISHED: 13:33 11 January 2010 | UPDATED: 11:32 25 May 2010

A PROMINENT enterprise centre in Portishead that went in to liquidation in December has been sold.

A PROMINENT enterprise centre in Portishead that went in to liquidation in December has been sold.

The business and assets have been acquired by Highcross on behalf of its serviced office business, Pure Offices.

Pure Offices currently has four other serviced offices in Swindon, Leamington Spa, Croydon and Birmingham. It has also purchased the other Kestrel Court managed workspace site, which is in Gloucester.

When the centre went into liquidation, Andrew Sheridan and Alan Lovett of Baker Tilly were appointed joint administrators.

Andrew Sheridan said: "We are delighted to have been able to secure a purchaser for both Kestrel Court sites in just a matter of weeks since our appointment.

"We received a high level of interest in the business and assets and believe this deal will secure the future of Kestrel Court providing the reassurance the businesses which operate there needed."

Pure Offices managing director Nick Smith said: "This acquisition helps Pure speed up its growth program into 2010, when it also expects to start new developments in Kidderminster, Oldbury and Weston.

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