Hyefield House 36 Hagley Rd 7,181 SF 51% Leased Office Building Halesowen B63 4RH £1,300,000 (£181.03/SF)
INVESTMENT HIGHLIGHTS
- 7,181 sq ft (667.1 sq m)
- Ground floor tenanted
- Open plan offices
- Low energy lighting
- Ground floor available with vacant possession
- Air source heating and cooling system
- WCs on both floors
- Secure gated car park for approximately 25 cars
EXECUTIVE SUMMARY
The property is very close to Halesowen bus station, town centre and immediately opposite an Asda Superstore.
Halesowen is a short distance away from Junction 3 of the M5 motorway and Birmingham city centre lies approximately 8.5 miles to the north east.
The town is well located for staff based in the Black Country and the west of Birmingham, and within easy commuting distance of very attractive villages in the Worcestershire countryside.
The property is subject to a lease on the basement and ground floor dated 8th February 2024 between Super Property Developments Ltd and Three Pears Ltd.
The lease is for a term of 5 years from 8th February 2024, until 7th February 2029, at a rent of £42,000 per annum exclusive.
The current tenant pays a service charge of £7,060 per annum exclusive.
PROPERTY FACTS
AMENITIES
- Storage Space
- Smoke Detector
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Highfield House is a two storey brick building with a small basement below. The building was constructed using a steel and concrete frame under a flat roof. Within the last few years the building has been comprehensively refurbished to a high standard and the works have included re-roofing, new plant including air source heating and cooling, refitting of all toilet facilities and new low energy lighting. To the rear of the property a generous car park is provided with space for at least 25 cars, with some double parking on the upper car park. The car park benefits from a secure access to control vehicle movements into the car parking areas. The building is currently used as a call centre and as such benefits from resilient fibre connections and data wiring.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 3,531 SF | Office | Full Build-Out | Now |
1st Floor
| Size |
| 3,531 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
