Henry Boot has completed on the sale of its current head office, Banner Cross Hall in Sheffield, to Davison Property Investment. The new owners will sensitively restore the Grade II listed building to provide modern workspace to cater to its range of business activities including recruitment, training, payroll, clinical insourcing and property investment.
The new owners intend to transform part of Banner Cross Hall into dedicated serviced workspace, for local Sheffield businesses to use on a flexible basis. Davison Property Investments currently operates successful serviced offices in the Grade ll* listed Globe Works at Kelham Island in Sheffield. Alongside the workspace, there are plans to create an artisan restaurant and café, which will be open to the public, providing an opportunity for the local community to enjoy this historic building.
Banner Cross Hall dates back to 1821 and has been used by Henry Boot since 1932. Henry Boot announced in March 2023 that they would be relocating their headquarters to the Isaacs Building in Sheffield city centre. Henry Boot’s new head office aims to support the company’s ambitious growth plans by providing its people, clients and partners with a contemporary, sustainable and more collaborative workspace.
Tim Roberts, Chief Executive Officer, Henry Boot, said: “Banner Cross Hall has been home to Henry Boot for over 90 years and has facilitated the successful growth of the company throughout this time.
“We are pleased that the building will retain its core function as an office space, while the new owners also have plans to open up the building to the public, who will be able to benefit from the fantastic grounds that the Henry Boot team have been fortunate to enjoy for many years.
“The sale of Banner Cross Hall represents the next exciting part of Henry Boot’s story, and we are looking forward to the move in November this year to help strengthen the links we have with the city and our partners. Our founder Henry Boot originally based the business in premises on Moore Street in the city, so in a way, it feels like we’re coming home.”
Matthew Davison, CEO of Davison Property Investment, said: “We are delighted to have been chosen by Henry Boot as preferred bidder to take over the custodianship of such an important local landmark. We look forward to working with Sheffield City Council and the local community to help shape the next exciting stage in Banner Cross Hall’s history.”
Knight Frank advised on the sale of Banner Cross Hall.
