Sheffield-based furniture retailer Ponsford has acquired a 7437 sqft premises on a 0.57-acre plot behind its existing Millennium Building on London Road, for a six-figure sum.
The independent business, which has operated in the city for more than 130 years, has brought Impression House on Oak Street, formerly the headquarters of ASAP Stamps, into its property portfolio with the help of Wake Smith Solicitors.
The deal saw the purchase of the building and site, which was home to the UK’s largest independent rubber stamp manufacturer, "potentially for regeneration" for the traditional and contemporary furniture retailer.
Harry Ponsford founded Ponsford selling household goods from a barrow in Sheffield 130 years ago. By the 1930s, the business moved into a shop on Sheffield's London Road, part of the same premises in Ponsford’s Victorian building still occupied today.
As successive generations of the Ponsford family evolved and grew the business, the Millennium Building was acquired in the early 2000s, which is linked by a covered walkway called the Golden Jubilee bridge to the original base.
