Brintons put old HQ up for sale

For sale: The former Brintons headquarters in Exchange Street has been put on the market. For sale: The former Brintons headquarters in Exchange Street has been put on the market.

THE former headquarters of Kidderminster’s Brintons Carpets has been put on the market.

Real estate adviser DTZ has been appointed by the carpet firm to sell the Exchange Street building, which became empty at the end of 2011.

DTZ’s Birmingham-based residential team would not disclose how much was being asked for the 31,275 sq ft, three-storey, Grade II listed building, with the price only available to interested parties upon application.

Iain McArthur, associate director at DTZ in Birmingham, said: “This is a historically important building for Kidderminster and we believe potential purchasers may wish to seek an alternative use for the property.

“This includes hotel, retail and other commercial uses and, as a result, we will be marketing the site unconditionally and conditionally, subject to the purchaser obtaining alternative planning permission.”

The property is being advertised as a potential part new build and part conversion of the listed building into residential or mixed commercial uses.

It has full planning permission for four retail units on the ground floor and a 60-unit extra care residential facility, purpose designed for older people receiving care and support and those with disabilities.

The 228-year-old business, which is the world’s largest manufacturer of Axminster carpets, vacated the site in November last year and is now based in Stourport Road.

The move followed a £40 million investment in September by American private equity giant Carlyle, which has recently announced plans to make 150 staff redundant.

Comments(2)

stour67 says...
6:47pm Fri 13 Apr 12

And the asset stripping begins

HowardM says...
10:57am Sat 14 Apr 12

Correct stour67 - and that is the inevitable outcome that will continue to follow in this area under the new ownership. Carlyle are interested in maximising the return on their investment, not protecting the future of Brinton's in Kidderminster and they will continue the brand wherever they can achieve the best rate of return - which, long term, sadly, isnt likely to be here.

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