Roberts House sold for more than 4m

A south Manchester office building has been bought for more than 4m.

Property Alliance Group, the Trafford Park-based investor and developer, has acquired Roberts House from Selbourne Group.

The building, at 80 Manchester Road, is a high quality refurbished office building and is fully let, with tenants including The Employment Service and Meridian Business Services.

Alex Russell, of Property Alliance Group, said: "Roberts House came available at an opportune time for us and fits in with our business plan to expand the portfolio with well located buildings that have good asset management potential. We are well funded and actively pursuing growth opportunities in all sectors."

Michael De Massey, of Selbourne Group, added: The sale demonstrates the strength of south Manchesters commercial office market, the area remains a popular business centre for national and regional organisations.

Hill Dickinsons Manchester property and construction team completed the sale of the office building on behalf of its long-standing client Selbourne Group.

Partner Jonathan Dover said: Having worked with Selbourne Group since acquiring Roberts House and in 1999 further advising them on their asset until its recent sale, we understand the clients requirements. We are delighted to have worked with them on this successful transaction.

Squires Patton Boggs advised Property Alliance Group.

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Roberts House sold for more than 4m