Property specialist Bond Wolfe has bought West Bromwich Building Society’s headquarters days after the firm revealed it is relocating to Dudley, it was announced today.
West Bromwich-based Bond Wolfe is moving from its home at West Plaza, in High Street, to the landmark five-storey building which will be renamed Society House.
The firm, one of the region’s largest private landlords, plans to take up one of the floors for its commercial agency and property investment business and will let out the rest to other companies.
Managing partner James Mattin said: “We are already in talks with a number of firms about leasing space with us. At such an early stage we are delighted with the level of interest from potential occupiers.
“We want this to become a real flagship building at the heart of West Bromwich. Using our local knowledge we believe we will deliver Society House as a perfect building for established companies to base themselves at for many years to come.”
The West Brom is to leave its home of 160 years to move to The Waterfront in Brierley Hill, taking over Point North, former home of banking firm egg. About 500 staff will move from the current headquarters by autumn 2013. The move was branded “an utter disgrace” by Sandwell council leader Darren Cooper, who had fought to keep the business in the town.
Bond Wolfe owns a number of notable properties in the town centre including its current headquarters, Landchard House in Victoria Street, and Victoria House in High Street.
The firm has been in the town since its inception in 1983. The Bond Wolfe business includes around 250 workers across Paul Dubberley, the estate agent, Real Estate Investors Plc, CP Bigwood, Asha’s Indian Cuisine and Subway sandwich chains.