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Investment Highlights
- Fully income-producing freehold office investment with three leased units.
- Convenient access to the M42, M6, and wider Midlands motorway network.
- Located near Birmingham Airport, NEC, and major regional business parks.
- Established occupier in place since 2016 with ongoing lease commitments.
- On-site private car parking and modern building specifications throughout.
Executive Summary
This offering represents an opportunity to acquire the freehold interest in three fully let office units located within Temple Court, a well-established business environment in Coleshill, North Warwickshire. Units 1, 2, and 4 collectively produce a current combined rent roll of £90,000 per annum, secured under individual leases to a single occupier, Kennet Equipment Leasing Limited. The leases commence 25 December 2024 for a five-year term with a break at year three, providing a WAULT to expiry of 3.5 years and to break of 1.5 years.
The buildings extend over two floors and have been designed to meet modern occupier requirements, featuring open-plan layouts, air conditioning, LED lighting, WCs, and kitchenettes. All units are interconnected and benefit from private courtyard parking, enhancing tenant convenience. The occupant has maintained a continuous presence on-site since 2016 and has demonstrated long-term commitment by regularly renewing their leases.
The buildings extend over two floors and have been designed to meet modern occupier requirements, featuring open-plan layouts, air conditioning, LED lighting, WCs, and kitchenettes. All units are interconnected and benefit from private courtyard parking, enhancing tenant convenience. The occupant has maintained a continuous presence on-site since 2016 and has demonstrated long-term commitment by regularly renewing their leases.
Property Facts
| Price | £1,250,000 | Number of Properties | 3 |
| Price psf | £176.25 / sq ft | Individually For Sale | 0 |
| Yield | 7.20% | Total Property Size | 7,092 sq ft |
| Sale Type | Investment | Total Land Area | 0.22 ac |
| Status | Active |
| Price | £1,250,000 |
| Price psf | £176.25 / sq ft |
| Yield | 7.20% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Property Size | 7,092 sq ft |
| Total Land Area | 0.22 ac |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| Temple Way, Birmingham B46 1HH | Office | 2,841 sq ft | 1995 | - |
| Temple Way, Birmingham B46 1HH | Office | 2,152 sq ft | 1993 | - |
| Temple Way, Birmingham B46 1HH | Office | 2,099 sq ft | 1990 | - |
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Unit 1,2 & 4 Temple Court
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