Cranmore Place, Cranmore Drive, Solihull

38,587 sq ft

Description

The property comprises a three-storey detached office building with a flat roof. We understand that the property has a net internal area of 38,587 sq ft (3,585 sq m) and sits on a site of c. 2.03 acres (0.82 ha). The site benefits from three points of vehicular access, including a direct point of access to Cranmore Boulevard.
The building is separated into a range of serviced office suites, comms room, gym space and juice bar. The office suites have suspended ceilings, LG7 lighting, perimeter trunking, comfort cooling/heating and two passenger lifts.
The property has a porte cochère to the front and a tarmacadam car park to the rear with 148 parking spaces.

BUILDING HIGHLIGHTS

Freehold office investment with short term passing rent of £391,425 per annum (c. 48% let)

Net Internal Area of 38,587 sq ft (3,585 sq m)

Approximately 2.03 acre (0.82 hectare) site area

Close proximity to Solihull town centre and Shirley’s Parkgate Shopping Centre

Opportunity to add significant value

Suitable for alternative uses including residential, care, medical use, retirement or hotel (subject to planning)

Conditional and unconditional offers invited for the freehold in its entirety

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Location

The property is located on the edge of Cranmore Business Park in Shirley, a town in the Metropolitan Borough of Solihull. The property is surrounded by terraced houses to the west and semi-detached houses to the north and there are similar offices to the south and east. The Business Park is accessed from Stratford Road (A34) which in turn provides access to Birmingham’s ring road, 5.6 miles (9 km) to the north-west and Junction 4 of the M42, 1.6 miles (2.6 km) to the south-east. Solihull town centre is located 1.5 miles (2.4 km) to the north-east, Birmingham city centre is located 6.7 miles (10.8 km) to the north-west and Coventry is located 12.5 miles (20.1 km) to the east. Shirley and Solihull railway stations are located within 1.6 miles (2.6 km) of the property and between them provide services to London Marylebone, Birmingham, Worcester, Warwick and Stratford-upon-Avon amongst others. There are several bus stops within 5 minutes’ walk of the property with services to Solihull, Birmingham, Blythe Valley and Kings Heath. Solihull, known as one of the most affluent areas in the Midlands, boasts a variety of local and national retailers in its town centre. Shirley also has a range of independent retailers and national retailers along its high street and in its shopping centre, Parkgate.