Other

Sapphire Court, Streetsbrook Road, Solihull 

 

Price: £12,000,000

Date: Q2 2018

Acting on behalf of Caudwell Properties we advised on the sale of this rare opportunity to acquire a prime site in Solihull town centre for circa £12m. 

Sapphire Court is currently an office development comprising six interlinking blocks totalling 88,375 sq ft (8,286 sq m) NIA. The investment is significantly underpinned by office redevelopment or alternative use values including residential or senior living (subject to planning) and hotel uses.

Sapphire East (Blocks A, B and C) is let to the Environment Agency (49%), The First Secretary of State (40%) and a vacant suite (11%). Sapphire West (Blocks D, E and F) is vacant and has been delisted so as not to attract vacant rates. The investment offers numerous opportunities to improve the existing asset through repositioning or redevelopment.

Contact

Matthew Brown

Tel: 020 7493 3330
Mob: 07836 724 420
mbrown@lewisellis.co.uk

David Kos

Tel: 020 7493 3330
Mob: 07709 813267
dkos@lewisellis.co.uk


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