Cranmore Place | Cranmore Dr
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Cranmore Place Cranmore Dr
38,587 SF 100% Leased Office Building Solihull B90 4RZ For Sale
Investment Highlights
- Freehold office investment with short term passing rent of £391,425 per annum (c. 48% let)
- Opportunity to add significant value
- Suitable for alternative uses including residential, care, medical use, retirement or hotel (subject to planning)
- Approximately 2.03 acre (0.82 hectare) site area
- Conditional and unconditional offers invited for the freehold in its entirety
Executive Summary
The property comprises a three-storey detached office building with a flat roof. We understand that the property has a net internal area of 38,587 sq ft (3,585 sq m) and sits on a site of c. 2.03 acres (0.82 ha). The site benefits from three points of vehicular access, including a direct point of access to Cranmore Boulevard.
The building is separated into a range of serviced office suites, comms room, gym space and juice bar. The office suites have suspended ceilings, LG7 lighting, perimeter trunking, comfort cooling/heating and two passenger lifts.
The property has a porte cochère to the front and a tarmacadam car park to the rear with 148 parking spaces.
The building is separated into a range of serviced office suites, comms room, gym space and juice bar. The office suites have suspended ceilings, LG7 lighting, perimeter trunking, comfort cooling/heating and two passenger lifts.
The property has a porte cochère to the front and a tarmacadam car park to the rear with 148 parking spaces.
Property Facts
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Property Subtype
Data Centre
Building Size
38,587 SF
Building Class
B
Year Built/Renovated
1983/2008
Percent Leased
100%
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
12,862 SF
Slab to Slab
10 ft
Parking
100 Spaces (2.59 Spaces per 1,000 SF Leased)
Amenities
- Bus Route
- Security System
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Cranmore Place | Cranmore Dr
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