2 Bromwich Court offices for sale in Coleshill, office investment comprising modern high-quality multi-let office space, on-site parking
For sale
2 Bromwich Court
Gorsey Lane, Coleshill, Birmingham, West Midlands, B46 1JU| Type | Office |
|---|---|
| Tenure | Freehold |
| Size | 27,363 sq ft |
| Parking | 107 parking spaces |
| Availability | Immediate |
| EPC rating | B50 |
| Freehold price | Ā£1.95 million |
Location
2 Bromwich Court offices for sale in Coleshill are situated off Gorsey Lane close to its junction with the Lichfield Road. Access to the motorway network is gained via the A446, which leads directly to both Junction 9 of the M42 and Junction 4 of the M6. Access to the M6 Toll can also be gained off Junction 9 of the M42.
In addition, Coleshill Parkway Railway Station is within walking distance and The National Exhibition Centre, Birmingham Airport and Birmingham International Railway Station are all within 10 minutesā drive. Connectivity to Birmingham city centre will be improved further upon the arrival of HS2 and Birmingham Interchange, which will be located by the airport and NEC off Junction 6 of the M42.
Back to topFeatures
Offers for 2 Bromwich Court offices are invited in the region of Ā£1,950,000. A purchase at this level reflects a Net Initial Yield of 11.20% and a low capital value of Ā£71.26 per sq ft, assuming purchaserās costs of 6.59%.
Investment Summary
- Modern office building arranged over three floors, which extends 27,363 sq ft.
- Strategically positioned off Gorsey Lane in Coleshill, which provides easy access to both Junction 9 of the M42 and Junction 4 of the M6.
- Multi-let to three tenants producing an annual income of Ā£218,488 reflecting a low rent of Ā£12.50 per sq ft.
- WAULT to expiry of 3.49 years and to 3.04 years to break.
- 107 car parking spaces, reflecting a ratio of 1 space per 258 sq ft.
- Freehold
Find out more about KWB’s property investment services.
Back to topSpecification
2 Bromwich Court offices comprise a multi-let, semi-detached, purpose-built office building that sits within a secure gated site, with a dedicated car park to the front and a well maintained garden to the rear.
The office suites have all been refurbished and benefit from the following specification:
- Raised access floors/under floor trunking with floor boxes
- Carpeted throughout
- Double-glazed PVC windows
- Suspended ceilings with inset flat LED panel/LG3 lighting
- Air conditioning throughout
- Communal ladies and gents WC facilities on each floor
Car parking
There are 107 on-site car parking spaces serving the building equating to a parking ratio of 1 space per 258 sq ft.
SUBJECT TO CONTRACT