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Gorsey Ln - Units 1 & 2 Bromwich Court 17,994 - 27,363 SF Office Condo Units Offered at $1,832,596 - $2,647,083 Per Unit in Birmingham B46 1JU
Investment Highlights
- Modern office building arranged over three floors which extends 27,363 sq ft.
- Open plan accommodation with meeting rooms and individual offices
- 107 car parking spaces reflecting a ratio of 1 space per 258 sq ft.
Executive Summary
1 Bromwich Court offices to let or 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.
2 Units Available
Unit 1 Bromwich
| Unit Size | 17,994 SF | Sale Type | Owner User |
| Price | $1,832,596 | Tenure | Freehold |
| Price Per SF | $101.84 | No. Parking Spaces | 80 |
| Condo Use | Office |
| Unit Size | 17,994 SF |
| Price | $1,832,596 |
| Price Per SF | $101.84 |
| Condo Use | Office |
| Sale Type | Owner User |
| Tenure | Freehold |
| No. Parking Spaces | 80 |
Description
1 Bromwich Court is a 3 storey office building of steel construction with brick façade and a pitched tile roof. The property is semi detached and sits within a gated site providing 80 dedicated car parking spaces and a communal garden at the rear.
Sale Notes
1 Bromwich Court is a three-storey office building of steel construction with brick façade and a pitched tile roof. The property is semi-detached and self-contained, sitting within a gated site providing 80 dedicated car parking spaces and a communal garden at the rear. Accessibility to the property is excellent with both the M42 and M6 in close proximity, as well as Coleshill Parkway rail station just a few minutes walk away.
Unit 2
| Unit Size | 27,363 SF | Tenure | Freehold |
| Price | $2,647,083 | Cap Rate | 7.75% |
| Price Per SF | $96.74 | NOI | $205,250.73 |
| Condo Use | Office | No. Parking Spaces | 107 |
| Sale Type | Investment |
| Unit Size | 27,363 SF |
| Price | $2,647,083 |
| Price Per SF | $96.74 |
| Condo Use | Office |
| Sale Type | Investment |
| Tenure | Freehold |
| Cap Rate | 7.75% |
| NOI | $205,250.73 |
| No. Parking Spaces | 107 |
Description
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%
Sale Notes
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.
Property Facts
| Total Building Size | 45,114 SF | Typical Floor Size | 17,000 SF |
| Property Type | Office | Year Built | 1998 |
| Building Class | B | Lot Size | 2.59 AC |
| Floors | 3 | Parking Ratio | 3.55/1,000 SF |
| Total Building Size | 45,114 SF |
| Property Type | Office |
| Building Class | B |
| Floors | 3 |
| Typical Floor Size | 17,000 SF |
| Year Built | 1998 |
| Lot Size | 2.59 AC |
| Parking Ratio | 3.55/1,000 SF |
Amenities
- 24 Hour Access
- Controlled Access
- Security System
- Accent Lighting
- Energy Performance Rating - D
- Demised WC facilities
- Fully Carpeted
- Direct Elevator Exposure
- Natural Light
- Open-Plan
- Reception
- Air Conditioning
- Raised Floor System
Presented by
Gorsey Ln - Units 1 & 2 Bromwich Court
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