Barfords offices Solihull – a stunning Grade II listed, Tudor era building owned by JMKA Investments – has been let to Armac Demolition. The 8,329 sq ft converted farmhouse is a ‘character building’, located just 3 miles from the contrasting offices on Birmingham Business Park – offering a unique opportunity on the M42 corridor.
JMKA Investments bought the property 16 years ago when it was a hotel. After purchasing Barfords, they made the decision to extend the property and implement a change of use, converting the space into offices. The new build space was built in accordance with period and aesthetic, with the pre-existing building receiving ‘sympathetic modernisation’.
Armac had been searching for a new office location after plans to build a new office property at their existing location were scrapped. Armac was forced to make other plans when it was announced that the forthcoming HS2 line would run close to their existing site.
James Pearson of JMKA Investments, said: “One of Barfords’ biggest selling points is its appearance. It presents such a unique opportunity on the M42 corridor, incomparable to anything on Birmingham Business Park, which is 3 miles down the road. KWB’s assistance with the brochure-ware ensured that the stunning visuals of this converted farmhouse were there for all to see.
“Barfords has a lot to offer the right occupier and, through Malcolm’s excellent help with the marketing of the property, the right occupier has been found. Being a niche, ‘character building’, Barfords needed to be seen by a high volume of potential occupiers – and there was plenty of interest before Armac made their visit. It’s quite apt that a company in the construction sector was the one to recognise what a property such as this has to offer.
“From our perspective, this has been a fairly smooth transaction by KWB. Malcolm has achieved a rental level that exceeded our previous expectations – and that’s a sign of the local marketplace – we’re glad to see others share what we saw in Barfords.”
Malcolm Jones of KWB, pictured right, said: “The rental value that we secured was without doubt bolstered by its uniqueness within the market, the healthy demand for offices Solihull and the M42 corridor and the lack of supply to meet that demand. Birmingham Business Park is a stone’s throw from the site of Barfords and is at its lowest occupancy level in over a decade.”