Cambrai Court, 1229-1235 Stratford Road, Hall Green, Birmingham, B28 9AA

Substantial office investment & owner occupier opportunity in sought after location

Property details

Type Investment, Office
Tenure Freehold, subject to the existing tenancies.
Price Offers in excess of £2,950,000
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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
  • Currently part let producing £240,558 per annum, with potential for £339,162 pa once fully let
  • Huge scope for rental growth & owner occupier possibilities
  • Available as a whole or individually by negotiation
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.
Description

Cambrai Court is a substantial imposing Edwardian property with high quality features throughout. The property currently operates as a large multi-let 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 offices set in a site of some 0.55 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.

Accommodation
Please see the brochure for a full breakdown of the accommodation.
Price
Offers in excess of £2,950,000 plus Vat are sought for the Freehold interest of Cambrai Court as a whole. Alternatively, offers are invited for properties individuals as follows:-
Prices exclusive of VAT:
1229 - £1,200,000
1229A - £580,000
1231/1233 - £600,000
1235 and garage - £450,000
Garden suites - £500,000
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.
VAT
We are advised that VAT is applicable, although it is anticipated that the sale will be dealt with by way of a transfer of going concern.
EPC
The property has an EPC rating of C & D.
Legal Costs
Each party is to be responsible for their own legal costs that may be incurred in this transaction.
Anti Money Laundering
In accordance with anti-money laundering regulations, two forms of identity and confirmation of the source of funding will be required from the successful purchaser.