Multi-let office complex up for sale

A freehold Edwardian office building in Hall Green has been put up for sale with a £2.95m price tag.

James Mattin, managing director agency at Bond Wolfe, said: “Cambrai Court at 1229-1235 Stratford Road is a distinctive building – a stunning piece of Edwardian architecture, and as an investment it offers numerous possibilities for any would-be buyer.”

The property currently operates as a large multi-let office complex across five buildings but the agents say it would lend itself to a variety of configurations.

It totals approximately 10,259 sq ft on 0.55 acres, and each of the properties has an individual entrance with on-site car parking for a total of 39 vehicles to the front and rear of the property.

Mattin added: “Cambrai Court is currently part-let, with over 75% occupied producing £260,958 per annum, with the potential for £339,162 once fully let.

“There is also the added potential of further developing the site to the rear, so there really are plenty of options with this investment opportunity. It has huge scope for rental growth and owner occupier possibilities.”

Tenants of the five buildings also have access to a refurbished 12 person boardroom with wi-fi access.