Apartment sells for £1m as landmark transformed

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THREE OF the four luxury apartments which make up an exclusive riverside development in York have been sold, with one selling for over £1m.

York’s landmark Bonding Warehouse, on the banks of the River Ouse, had stood derelict but last year members of York Council backed plans for a redevelopment.

Steve Davis of Grantside said: “The Bonding Warehouse is an iconic landmark building in one of the UK’s most popular tourist cities. Its position, within the city walls and opposite Clifford’s Tower, is a complete one-off, and we were determined to create four really special homes that made the most of the amazing location.

“We saw ourselves as custodians of a York landmark, and we’re really proud that we have been able to give the building a new lease of life. The mix of residential living space with quality offices will also enable more employment in the heart of the city.”

Grantside has also created 11,700 sq ft of new office units on the ground and first floors of the Bonding Warehouse and has relocated its own offices to occupy 2,500 sq ft of the new space.

The developer says it has had inquiries from across the UK, but the £1m apartment was snapped up by a local York family.

It comes as sales of UK homes reached their joint highest levels since 2007 in June, according to HM Revenue and Customs. Some 109,580 transactions took place last month, which equals the total recorded for last November, making both of these months the strongest for house sales seen since 2007.