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2 Bromwich Court, Gorsey Lane, Birmingham, Warwickshire

POA
KWB, Birmingham
SIZE AVAILABLE

27,363 sq ft

2,542 sq m

SECTOR

Office for sale

Description

2 Bromwich Court is 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 minutes' drive. Connectivity to the town will be improved further upon the arrival of HS2 and the Birmingham Interchange, which will be located by the Airport and NEC off Junction 6 of the M42.

Offers are invited in the region of £1,950,000. A purchase at this level reflects a Net Initial Yield of 11.20% and a low capital value of £71.26 per sq ft, assuming purchaser's costs of 6.59%.

- 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 £218,488 reflecting a low rent of £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

2 Bromwich Court is 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 benefiting from the following specification:

- Raised access floor/under floor trunking with floor boxes
- Carpeted throughout
- Double glazed PVC windows
- Suspended ceiling with inset flat LED panel/LG3 lighting
- Air conditioning throughout
- Communal ladies and gents WC facilities on each floor

There are 107 on site car parking spaces serving the building.

Brochures

2 Bromwich Court, Gorsey Lane, Birmingham, Warwickshire

Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Coleshill Parkway Station0.1 miles
  • Water Orton Station1.4 miles
  • Marston Green Station3.9 miles

About KWB, Birmingham

Lancaster House, 67 Newhall Street, Birmingham, B3 1NQ

We serve our office agency clients with passion, flexibility, local expertise and professional pedigree.

KWB is the Midlands leading independent firm of office property specialists. Our position within the market is due to the work of our highly experienced agency team who provide invaluable advice and secure sales and lettings of all sizes across the region.

We can find the right occupiers for properties in your portfolio and help you maximise the return on your investments.

As our client, you can expect to benefit from our many years of combined experience and our ongoing in-depth research into market trends.

Sales and lettings success in and out-of-town

KWB markets some of the most exciting commercial property projects in the Midlands. In addition to our presence in Birmingham city centre, we are the largest agency in the region specialising in out-of-town office developments.

Our portfolio exceeds 3 million sq ft of office space. We are instructed on a broad range of property and secure a diverse mix of UK and global occupiers. With our proactive approach, we also create off-market opportunities and bring new profitable propositions to the table.

We can do the same for you. We achieve all of this through our dedicated office agency team, together with our specialist marketing resource, investment in internet marketing and high conversion rate of enquiry to viewing.

Knowing the market inside and out

Our experienced team’s specialist knowledge and expertise in the West Midlands office market enables us to provide incisive and informed advice. Our understanding of the Birmingham and M42 office markets specifically, is unparalleled due to our extensive office market research, which we conduct on a quarterly basis.

We also believe in developing meaningful relationships with occupiers, in order to properly understand their requirements. This enables us to place the right occupier in the right space. This approach also contributes to our evolving knowledge of the latest occupier demands so that we can advise you on aspects such as flexibility, fit-out expectations and how your property competes within the marketplace.

All of this helps us to find the right occupiers for your office space.

Notes

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Disclaimer - Property reference 320. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by KWB, Birmingham. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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