Worcestershire commercial property consultancy GJS Dillon Limited has been appointed to market the investment opportunity in the freehold of a large multi-let office complex in the Birmingham suburb of Hall Green.
Cambrai Court is an 8,806 sq ft office complex on Stratford Road, Hall Green, where 67% of the space is let on traditional formal business lease arrangements and 33% of the space is occupied on a semi-serviced office basis. Presently more than 95% of the space is let. Additionally, it has good on-site parking.
Offers of £1,950,000 are being sought, reflecting a net initial yield of 9.28%.
“Situated in an affluent Birmingham suburb, Cambrai Court is currently occupied by a variety of professional companies on medium and short term lease arrangements. Its excellent proximity to Birmingham, Solihull and major motorway networks and easy access to the new HS2 station, represents an ideal opportunity for investment,” says GJS Dillon Managing Director, John Dillon.