36 Hagley Rd - Office FOR SALE


Halesowen, WMD B63 4RH
$1,300,000 USD
138-443-7359
36 Hagley Rd, Halesowen, WMD for Sale
$1,300,000 USD
Office - FOR SALE
1/13
null | Request Cap Rate

36 Hagley Rd
Halesowen, WMD B63 4RH


HIGHLIGHTS

  • 7,181 sq ft (667.1 sq m)
  • Ground floor available with vacant possession
  • Ground floor tenanted
  • Air source heating and cooling system
  • Open plan offices
  • WCs on both floors
  • Low energy lighting
  • Secure gated car park for approximately 25 cars

OVERVIEW

The property is located in a prominent town centre location overlooking a roundabout at the junction of Queensway and Hagley Road. 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.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$181 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hyefield House

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

2010

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.39 AC

LAND SF

16,988 SF

ZONING

-

APN/PARCEL ID

MM152477,MM168858,WM410012

ASK ABOUT THIS PROPERTY

Charles WarrackFisher German LLPMore Info
138-443-7359

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Charles WarrackFisher German LLPMore Info
138-443-7359

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.