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Investment Highlights

  • Located in Birmingham’s core business district with excellent visibility and connectivity.
  • Potential to create approximately 30 residential units under permitted development rights.
  • Current income of circa £323,000 per annum with majority leases expiring by 2027.
  • Less than a 5-minute walk to Snowhill and New Street Stations and 10 minutes to HS2 Curzon Street.
  • Rare freehold title in a prime city centre setting.
  • Immediate access to the region’s motorway network (M6, M5, M42) and Birmingham Airport within 14 miles.

Executive Summary

Cavendish House presents a rare freehold acquisition in the heart of Birmingham’s vibrant city centre. Situated on Waterloo Street within the Colmore Business District, this substantial office building offers outstanding potential for comprehensive redevelopment subject to planning. The property occupies a strategic position within walking distance of Snowhill and New Street Stations and lies less than ten minutes from the future HS2 Curzon Street terminus, offering connectivity across the UK.
Comprising basement, ground, and six upper floors, Cavendish House totals approximately 36,985 sq ft of well-configured space. The building is currently partially income-producing, generating an annual gross rent of around £323,000, providing holding income whilst planning is secured. Existing use is Class E (office), and the property sits within a Conservation Area. Indicative plans identify the potential for around 30 high-quality residential units within the existing structure, with alternative mixed-use schemes also envisaged, such as education or hospitality. All services are understood to be available.
The immediate area benefits from over 500 businesses, supporting a workforce of circa 35,000 people. Birmingham, the UK’s second city, offers a population of 1.15 million, with strong growth forecasts and a young demographic. With HS2 promising a sub-50-minute travel time to London Euston and employment expansion projected at 14% in the next two decades, the fundamentals here are exceptional.

Property Facts

Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Office
Tenure
Freehold
Building Size
36,985 SF
Building Class
B
Year Built/Renovated
1939/2009
Percent Leased
83%
Tenancy
Multiple
Building Height
7 Stories
Typical Floor Size
355 SF
Slab To Slab
8’
Building FAR
1.18
Lot Size
0.72 AC

Amenities

  • Energy Performance Rating - C
  • Energy Performance Rating - D
  • Reception
  • Common Parts WC Facilities
  • Shower Facilities
  • Drop Ceiling
  • Air Conditioning
  • Raised Floor System

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • Ground-Ste East
  • 2,609 SF
  • Office
  • Full Build-Out
  • Now

A new lease is available on FRI terms for a period to be negotiated. The space has been refurbished and is accessed via a central entrance leading through to a reception area with commissionaire.

  • 3rd Fl-Ste Rear
  • 569 SF
  • Office
  • Full Build-Out
  • Now

A new lease is available on FRI terms for a period to be negotiated. The space has been refurbished and is accessed via a central entrance leading through to a reception area with commissionaire.

  • 4th Fl-Ste Rear
  • 912 SF
  • Office
  • Full Build-Out
  • Now

A new lease is available on FRI terms for a period to be negotiated. The space has been refurbished and is accessed via a central entrance leading through to a reception area with commissionaire.

  • 6th Floor
  • 2,355 SF
  • Office
  • Full Build-Out
  • Now

A new lease is available on FRI terms for a period to be negotiated. The space has been refurbished and is accessed via a central entrance leading through to a reception area with commissionaire.

Space Size Space Use Build-Out Available
Ground-Ste East 2,609 SF Office Full Build-Out Now
3rd Fl-Ste Rear 569 SF Office Full Build-Out Now
4th Fl-Ste Rear 912 SF Office Full Build-Out Now
6th Floor 2,355 SF Office Full Build-Out Now

Ground-Ste East

Size
2,609 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

3rd Fl-Ste Rear

Size
569 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

4th Fl-Ste Rear

Size
912 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

6th Floor

Size
2,355 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

Ground-Ste East

Size 2,609 SF
Space Use Office
Build-Out Full Build-Out
Available Now

A new lease is available on FRI terms for a period to be negotiated. The space has been refurbished and is accessed via a central entrance leading through to a reception area with commissionaire.

3rd Fl-Ste Rear

Size 569 SF
Space Use Office
Build-Out Full Build-Out
Available Now

A new lease is available on FRI terms for a period to be negotiated. The space has been refurbished and is accessed via a central entrance leading through to a reception area with commissionaire.

4th Fl-Ste Rear

Size 912 SF
Space Use Office
Build-Out Full Build-Out
Available Now

A new lease is available on FRI terms for a period to be negotiated. The space has been refurbished and is accessed via a central entrance leading through to a reception area with commissionaire.

6th Floor

Size 2,355 SF
Space Use Office
Build-Out Full Build-Out
Available Now

A new lease is available on FRI terms for a period to be negotiated. The space has been refurbished and is accessed via a central entrance leading through to a reception area with commissionaire.

  • Listing ID: 41234153

  • Date on Market: 2026-07-10

  • Last Updated:

  • Address: 39-41 Waterloo St, Birmingham B2 5PP

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