126 Colmore Row
Birmingham B3 3AP

Office Property For Sale

INVESTMENT HIGHLIGHTS

  • One of Birmingham’s most prestigious addresses
  • 86% of upper floors refurbished
  • Boutique office building with leisure offer on the ground floor

EXECUTIVE SUMMARY

Offers in excess of £2,550,000 (Two Million, Five Hundred and Fifty Thousand Pounds) subject to contract and exclusive of VAT reflecting a net initial yield of 8.85% and a reversion to approximately 10.74% after allowing purchasers costs of 6.39%.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
10,433 SF
Building Class
B
LoopNet Rating
4 Star
Year Built/Renovated
1900/2017
Price
£2,550,000
Price Per SF
£244
Net Initial Yield
8.85%
NOI
£225,675
Percent Leased
55%
Tenancy
Multiple
Number of Floors
7
Typical Floor Size
2,250 SF

AMENITIES

  • 24 Hour Access
  • Security System
  • EPC - C
  • Lift Access
  • Air Conditioning
  • Listing ID: 29838786

  • Date on Market: 20/10/2023

  • Last Updated:

  • Address: 126 Colmore Row, Birmingham B3 3AP