The Leeds headquarters of collapsed marketing agency Brass has been sold to Wetherby-based developer Illuminating Investments for £1.6m.
Brass had tried – and failed – to sell its Moorfield House headquarters, in Headingley, before it went into administration in November last year.
Now independent property developer Illuminating Investments, run by David Aspland, has bought the property, which includes a grade two listed office building and single storey linked extension with 50 car parking spaces on a 1.61 acre site on Alma Road.
The building, which was built between 1855 and 1856. was sold by CBRE and has the potential to be redeveloped into apartments, so long as its original features are restored.
Aspland said: “Moorfield House is exactly the type of opportunity we look for – it’s brilliantly located, interesting, and has bags of potential for future redevelopment incorporating office or residential use.