A major office building at the heart of Stratford-upon-Avon has been sold in a #1.7 million deal.

IM Properties has bought the freehold investment of 11, Elm Court, Arden Street from Pettifer Estates.

The property is a detached three-storey office building totalling 7,000 sq ft with comfort cooling and 17 on-site car parking spaces.

Leamington-based agents Evans Hardy Bromwich acted for Pettifer Estates along with joint agents Wareing & Co. Jones Lang Lasalle in Birmingham represented IM Properties.

The property is currently let to Buchannon Clark & Wells plc for 15 years from 2003.

Tom Bromwich, of Evans Hardy Bromwich, said there was satisfaction all round following the deal. He said: "Number 11, Elm Court is a major office building in the centre of Stratford-upon-Avon and we are extremely pleased to have concluded this deal. It is one of those instances were all parties involved are satisfied with the conclusion. IM Properties have purchased a sound investment and our clients are pleased with the sale price."