KWB appointed to market best value central Birmingham offices
KWB and Savills have been appointed as joint agents to market some of the best value offices Birmingham city centre at Newater House, Newhall Street.
Rents for the refurbished vacant office suites at Newater House, 11 Newhall Street, in Birmingham’s central Colmore Business District are only ÂŁ15 per sq ft, which according to Malcolm Jones, of KWB’s office agency team, represents the best value available. Newater House’s refurbishment provides a good quality business environment that is accessible 24 hours a day, 7 days a week.
The location of Newater House has a variety of amenities on its doorstep, including metropolitan supermarkets, shops, banks, coffee shops, the Bullring shopping centre and a selection of high quality bars and restaurants.
Malcolm Jones, of KWB commercial property agents, said: “The office building next door is seeking rents in the region of £25 per sq ft, while Edmund House opposite is quoting £23.50 per sq ft, making Newater House remarkable value, when you consider its central location, close to the junction of Newhall Street with Colmore Row, and only a few minutes’ walk to New Street and Snow Hill stations.
“At a time when we are seeing office rents rise – particularly in the more prime areas of Birmingham city centre, and for the best office space – we expect to see a high number of enquiries on a Birmingham city centre property which has a lot to offer businesses and their staff.”
In addition to office space, Newater House is also home to Purnell’s Bistro and Ginger’s Bar, owned and operated by award-winning Michelin star Birmingham chef Glynn Purnell.
Newly refurbished, air-conditioned office suites, from 1,100 sq ft upwards are available at Newater House on flexible new leases.
For further information on Newater House and other available offices Birmingham city centre, contact Malcolm Jones of KWB on 0121 233 2330 or email mjones@kwboffice.com.
