Cambrai Court, 1229-1235 Stratford Road, Hall Green, Birmingham, B28 9AA
Substantial investment opportunity (with development potential) in prominent location
Features
- Substantial & distinctive Freehold Edwardian building with grounds and car parking.
- Approx. 10,259 sq.ft. (953.50 sq.m.) set in 0.55 acre (or thereabouts).
- High quality office accommodation throughout with large car park to front & rear.
- Fully let producing £382,329 per annum.
- Huge scope for rental growth & further development possibilities.
- Disposal by way of company share sale.
- Offers based on £2,950,000 plus Vat are sought for the freehold interest.
Description
Cambrai Court is a substantial imposing Edwardian property with high quality features throughout. The property currently operates as a large multilet office complex in the Birmingham suburb of Hall Green and comprises five offices buildings and lends itself to a variety of configurations . The unlisted property extends internally to approximately 10,259 sq. ft. (953.50 sq. m) of refurbished offi ces set in a site of some0.55 acres or thereabouts. Each of the individual properties enjoy their own entrance and all have dedicated on site car parking with a total of 39 car park spaces to the front and rear of the property.
Internally, the offices provide meticulously kept character accommodation, to include all the contemporary and modern amenities required by businesses today, with WC and kitchen facilities to all floors. Tenants have access to a refurbished 12-person boardroom with wi-fi access and there are a wide variety of office suites sizes across Cambrai Court ensuring all
requirements can be catered for.
Location
Cambrai Court occupies a most prominent position on the main A34 Stratford Road in the heart of Hall Green, just 6 miles south of Birmingham City Centre, which is Reachable in 9 mins from Hall Green train station. Hall Green is a densely populated Suburb and is within relatively short proximity to Shirley High Street and Solihull Town Centre. Access to the local motorway network is provided by Junction 4 of the M42 motorway (circa 3 miles southeast). and easy access to the new HS2 station, represents an ideal opportunity for investment. Cambrai Court is also situated outside of the Clean Air Zone charges with a host of local amenities on the doorstep including Waitrose & Costa.Accommodation
Please see the brochure for a full breakdown of the accommodation.External
The property is set back beyond a front car park with side access side leading to the rear car park & grounds. To the rear of 1229 Stratford Road , there is lawned grounds, ideal as an outbreak area. There is also potential to create an additional 7 car parking spaces in this area. To the rear of the car park is a garage currently leased with 1235 Stratford Road for further storage/archive space. The rear of the property provides excellent scope for additional development, subject to planning consent.Tenure
Freehold, subject to the existing tenancies.Tenancy
Please see the brochure for tenancy details, as well as a breakdown of the current/potential rental income. A full tenancy schedule is available upon request.Additional Information
ASSET MANAGEMENT OPPORTUNITIES -• Drive serviced office rents upwards by implementation of 1200mm desk configuration
• Regear of existing leases to drive rental growth.
• Develop the rear of the property to provide further office accommodation or
residential accommodation (subject to planning consent).
PRICE & SALE METHOD -
Cambrai Court is available by way of a share sale at offers based on £2,950,000 for the
Freehold interest , subject to the existing tenancies.
