Bayer House on Strawberry Hill in Newbury which is being converted into 191 flats has been brought onto the market by property consultancy Sanderson Weatherall

Published
2024/05/16 04:00 (BST)

A large former office building in central Newbury, which is currently being converted into flats, has been put on the market.

Planning permission to convert the former Bayer headquarters on Strawberry Hill into 191 flats was granted in 2018 and the large 100,063 sq. ft complex is part way through its residential conversion.

Bayer House—a large former office building in central Newbury which is currently being converted into 191 flats—has been brought onto the market by Sanderson Weatherall, credit: Sanderson Weatherall
Bayer House—a large former office building in central Newbury which is currently being converted into 191 flats—has been brought onto the market by Sanderson Weatherall
Bayer House—a large former office building in central Newbury which is currently being converted into 191 flats—has been brought onto the market by Sanderson Weatherall, credit: Zoopla
Bayer House—a large former office building in central Newbury which is currently being converted into 191 flats—has been brought onto the market by Sanderson Weatherall, credit: Zoopla

Bayer House has been brought to market by property consultancy Sanderson Weatherall along with two other part-complete residential conversion projects, one in Bolton and the other in Newcastle.

A partner in Sanderson Weatherall’s restructuring and recovery team Neil Bestwick said: “We expect there to be considerable interest in these developments which are in the main well advanced in terms of the conversion works undertaken.

“Once complete, each building offers great investment and owner occupier potential, with all three properties being in excellent locations, close to local amenities and key transport infrastructure.”

Sanderson Weatherall has stated that Bayer House will provide 191 studio, one and two bed unit types and multi-storey car parking with approximately 200 spaces.

Bayer House—a large former office building in central Newbury which is currently being converted into 191 flats—has been brought onto the market by Sanderson Weatherall, credit: Zoopla
Bayer House—a large former office building in central Newbury which is currently being converted into 191 flats—has been brought onto the market by Sanderson Weatherall, credit: Zoopla
Bayer House—a large former office building in central Newbury which is currently being converted into 191 flats—has been brought onto the market by Sanderson Weatherall, credit: Zoopla
Bayer House—a large former office building in central Newbury which is currently being converted into 191 flats—has been brought onto the market by Sanderson Weatherall, credit: Zoopla

A freehold listing for Bayer House is currently on Zoopla without a publicly-revealed price.

Its description states: “The property is a substantial former multi-storey office building, arranged over three floors and basement.

“The property contains an impressive lobby area, with external landscaping and communal areas, together with a purpose-built multi-storey car park, providing approximately 200 parking spaces.

“The property is currently part way through a conversion to provide 191 residential flats.”

Bayer House—a large former office building in central Newbury which is currently being converted into 191 flats—has been brought onto the market by Sanderson Weatherall, credit: Zoopla
Bayer House—a large former office building in central Newbury which is currently being converted into 191 flats—has been brought onto the market by Sanderson Weatherall, credit: Zoopla
Bayer House—a large former office building in central Newbury which is currently being converted into 191 flats—has been brought onto the market by Sanderson Weatherall, credit: Zoopla
Bayer House—a large former office building in central Newbury which is currently being converted into 191 flats—has been brought onto the market by Sanderson Weatherall, credit: Zoopla

Sanderson Weatherall has encouraged those interested in purchasing Bayer House to contact Peter Loveday and Alex Blanning via bayerhouse@sw.co.uk

Offers are invited for the freehold interest by 5pm on Friday, July 12.

The property listening can be seen on the Zoopla website at http://rb.gy/yq1pk4

German multinational pharmaceutical and biotechnology company Bayer announced it was leaving Newbury in 2015 after 32 years in the town to shift employees to a site in Green Park, Reading.

Newbury Today

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