£14.000.000
Bestätigung
Multi-let city centre office
Birmingham, Vereinigtes Königreich
Büro
#13005
Core+, Value-Add
21 Nov 2024
Immobilieneinzelheiten
Makler
Verkauft
62,477 ft²
5.804 m²Mietfläche
224 £/ft²
2.412 £/m²7.50 %
6
Eigentum
Gebühren
Investitionsübersicht
Multi-let city centre office with a strong tenant lineup, low capital value and rare repositioning opportunity. Extensive asset management opportunities across the existing tenancies, including re-gears and rent review uplifts. WAULT - 1.2 years to expiry/1.1 years to break. Excellent city centre car parking ratio of 1:1,785 sq ft. Constructed in the 1960’s and was converted to an office in 1996. Secure income with extensive asset management opportunities across the existing tenancies and offering, including re-gearing leases, agreeing rental uplift on outstanding / upcoming rent reviews, and letting the 2,467 sq ft vacant retail unit.
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