A building services business is guaranteed a £3 million haul after breaking into a bank vault in Cambridge UK.While ISG, with offices in Ipswich and Huntingdon, is undoubtedly on a list of ‘most wanted’ no charges will be pressed against the firm after the ‘ram raid’ on the former Barclays flagship.
ISG has legitimately secured a £3 million project to redevelop the Grade II listed iconic building on behalf of commercial property developer, Wrenbridge in Cambridge.
The contractor will have to break through the 750mm thick concrete bank vault at the historic property as part of a wide-ranging refurbishment that will see ISG convert the building into two ground floor restaurants and three storeys of student accommodation for nearby King’s College.
The two restaurants, which have been pre-let to restaurant chains ZiZi’s and CAU, will be housed in the ornate former bank, which features an original 18th century embossed ceiling with gold relief.
The student accommodation will be created in the office areas above the retail bank, with the original roof structure removed and a steel frame extension providing an additional storey on the building, which incorporates a ‘green’ sedum planted area.
The design & build project involves retention of the existing façade and reconfiguration of the interior space, including installation of new staircases, two new passenger lifts and a service lift for the restaurants.
Several original features of historical interest will be removed during the redevelopment and replaced in the restaurant areas following completion, including an 18th century feature fire place and an original door and frame.
Removal of the bank vault ceiling will enable ISG to lower some floor areas to provide improved working height and greater headroom in some of the adjacent student study bedrooms.
Each of the 32 student accommodation units will have en-suite bathroom facilities with internet access and communal kitchen facilities.
• PHOTOGRAPH: A computer generated image of the refurbished Barclays Bank building