Norfolk House is a modern office building completed in 1996. It is let to Coutts & Co; Zurich; Watson Wyatt and the Secretary of State for Health, at an annual rent of £1.095 million ($1.58 million). Warner Estate plans to inject the property into the £109 million (157 million) Regional Office Property Fund it set up recently with Royal Bank of Scotland.

Warner Estate Property Director Richard Moore said: "This is an ideal asset for the Regional Office Fund. Its location in Manchester fulfils our requirement for acquisitions in large regional centres and it is a modern building, let to a number of blue-chip tenants. The leases offer good potential for active management and we are confident of improving both rental income and capital value."

Lewis Ellis; DTZ and Osborne Clark acted for Warner Estate while King Sturge and Berwin Leighton Paisner acted for T & S Stores.

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