THE redeveloped Bonding Warehouse in York, which contains the city's first £1m flat, has been put up for sale by its owners.

The historic building, off Skeldergate, now contains 11,000 square feet of office space and four penthouse apartments, and has been put on the market as an investment opportunity, with an asking price of £2.4m, by local developer Grantside.

Steve Davis managing director of Grantside, said the developers had been "on an amazing journey" since taking on the 140-year-old building in 2012, and had "brought it back to life".

He said: "The building had been in a sorry state of dereliction and vandalism since 2000.

"Being able to restore this iconic building, which is so much a part of the history of the city, has been a privilege. With a great deal of painstaking restoration work and the installation of specialist, state of the art flood defences, we have brought it back to life, sensitively blending the historic with the best of high-tech – we’re extremely proud of the result."

The Bonding Warehouse was built in 1875 when York was still a commercial port, and went on to be used by Rowntree’s before being converted for restaurant use in the 1970s.

Offices in the Bonding Warehouse are now fully let, and the four flats have all either been sold or are under offer.

Jonathan Gale of estate agent Bray Fox Smith said the Bonding Warehouse was "a truly unique building", and predicted it would be "a very attractive and rare investment prospect".