The iconic Stockport Pyramid has been purchased by a Saudi Arabian investor.
Eamar Developments (UK) has acquired the distinctive building from the Co-operative Bank.
The building went on the market last summer for an asking price of more than £4.5m.
Located prominently off the M60 motorway the unusual building has been occupied by the bank since 1995.
But following their decision to re-locate to Manchester’s NOMA and other sites the space was no longer needed.
The Pyramid comprises of 86,000 sq ft of office accommodation over five floors with 426 on-site car parking spaces. While the entire site comprises of 4.5 acres.
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The unusual building was constructed in 1987 and was developed with the Co-op as part of a larger office development called the ‘The Valley of the Kings’ which was never built.
Eamar Developments (UK), which is based in Stockport , has Saleh Abdullah Alnaeem listed as a director.
The company also owns south Manchester pub Hardy’s Well and last year submitted plans to council bosses to turn the building into apartments and shops.
This included a six-storey building running behind and east from the former pub, creating a total of 62 flats and eight shop units.
Following a backlash from locals, Eamar has revised the plans with a scaled-down version of original proposals suggesting four storeys at the development’s height instead of six.
