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49 Calthorpe Rd 19,965 sq ft 100% Let Office Property Birmingham B15 1TH £1,850,000 (£92.66/sq ft) 18.59% Net Initial Yield
Investment Highlights
- Currently operating as serviced offices generating approximately £344,000 annual income
- Close proximity to Birmingham City Centre and high-quality local amenities
- Prominent location on Calthorpe Road in Edgbaston’s core commercial district
Executive Summary
Quadrant Court offers an established office investment opportunity within the heart of Edgbaston, a prestigious commercial district only one mile from Birmingham City Centre. This purpose-built, four-story office building extends to approximately 19,965 sq ft and benefits from a rare long leasehold interest, with a term expiring in September 2112. The property is currently operated as a serviced office center, generating a gross annual income of approximately £344,000, creating an attractive proposition for investors seeking an income-producing asset with future value growth.
Property Facts
Sale Type
Investment
Property Type
Office
Tenure
Long Leasehold
Property Size
19,965 sq ft
Costar Property Class
B
Year Built
1980
Price
£1,850,000
Price per sq ft
£92.66
Yield
18.59%
NOI
£343,915
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
4
Typical Floor Size
4,970 sq ft
Plot ratio
4.02
Total Plot Size
0.11 ac
Parking
40 Spaces (2.01 Spaces per 1,000 sq ft Leased)
Amenities
- 24 Hour Access
- Security System
- Signage
- Smoke Detector
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Contacts
-
James Ashworth -
Jonathan Brownlow -
Amy Selfe -
Landwood Commercial (Manchester) Ltd
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49 Calthorpe Rd
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