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Investment Highlights

  • Excellent connectivity with road access outside Birmingham
  • Multi-let to 12 diverse tenants, with significant UK Government Income.
  • High yielding, exceptionally well amenitised modern office

Executive Summary

?? High yielding, exceptionally well amenitised modern office.
?? Iconic and extensively refurbished building extending to 145,745 sq ft of space arranged across East and West wings.
?? Excellent connectivity with road access outside Birmingham’s clean air zone and a quick 7-minute journey to Birmingham New Street via the Metro directly in front of the building.
?? £6.5 million has been invested into transforming the building since 2020.
?? Multi-let to 12 diverse tenants, with significant UK Government Income.
We are seeking offers in excess of £10,500,000 reflecting an attractive NIY of 15.59% and a capital value of £72 per sq ft

Property Facts

Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
145,869 SF
Building Class
B
Year Built/Renovated
1986/2008
Price
$19,585,639 CAD
Price Per SF
$134.27 CAD
Cap Rate
15.59%
NOI
$3,053,401 CAD
Percent Leased
85%
Tenancy
Multiple
Building Height
17 Stories
Typical Floor Size
11,187 SF
Slab To Slab
8’
Building FAR
1.82
Lot Size
1.84 AC
Parking
81 Spaces (1.82 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Conferencing Facility
  • Property Manager on Site
  • Restaurant
  • Security System
  • Kitchen
  • Energy Performance Rating - C
  • Reception
  • Common Parts WC Facilities
  • Direct Elevator Exposure
  • Food Service
  • Open-Plan
  • Partitioned Offices
  • Reception
  • Shower Facilities
  • Drop Ceiling
  • Air Conditioning
  • Raised Floor System

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 2nd Fl-Ste Suite B
  • 1,464 SF
  • Office
  • Full Build-Out
  • Now

This space comprises 3,171 sf of available office space on the second floor benefiting from large open plan floor plates, four pipe fan coil air conditioning, full access metal raised floors, suspended ceilings, LG7 lighting with movement sensors and male, female and disabled WC and showers.

  • 2nd Fl-Ste Suite C
  • 1,464 SF
  • Office
  • Full Build-Out
  • Now

This space comprises 3,171 sf of available office space on the second floor benefiting from large open plan floor plates, four pipe fan coil air conditioning, full access metal raised floors, suspended ceilings, LG7 lighting with movement sensors and male, female and disabled WC and showers.

  • 4th Fl-Ste Suite B
  • 1,184 SF
  • Office
  • Full Build-Out
  • Now

This space comprises 3,171 sf of available office space on the second floor benefiting from large open plan floor plates, four pipe fan coil air conditioning, full access metal raised floors, suspended ceilings, LG7 lighting with movement sensors and male, female and disabled WC and showers.

  • 4th Fl-Ste Suite C
  • 1,926 SF
  • Office
  • Full Build-Out
  • Now

This space comprises 3,171 sf of available office space on the second floor benefiting from large open plan floor plates, four pipe fan coil air conditioning, full access metal raised floors, suspended ceilings, LG7 lighting with movement sensors and male, female and disabled WC and showers.

  • 5th Fl-Ste West Wing
  • 6,262 SF
  • Office
  • Full Build-Out
  • Now

This space comprises 3,171 sf of available office space on the second floor benefiting from large open plan floor plates, four pipe fan coil air conditioning, full access metal raised floors, suspended ceilings, LG7 lighting with movement sensors and male, female and disabled WC and showers.

  • 13th Fl-Ste East Wing
  • 1,463 SF
  • Office
  • Partial Build-Out
  • Now

This space comprises 3,900 sf of available office space on the ninth floor benefiting from large open plan floor plates, four pipe fan coil air conditioning, full access metal raised floors, suspended ceilings, LG7 lighting with movement sensors and male, female and disabled WC and showers.

  • 14th Fl-Ste East Wing
  • 1,843 SF
  • Office
  • Partial Build-Out
  • Now

This space comprises 3,900 sf of available office space on the ninth floor benefiting from large open plan floor plates, four pipe fan coil air conditioning, full access metal raised floors, suspended ceilings, LG7 lighting with movement sensors and male, female and disabled WC and showers.

  • 15th Fl-Ste East Wing
  • 1,348 SF
  • Office
  • Partial Build-Out
  • Now

This space comprises 1,843 sf of available office space on the ninth floor benefiting from large open plan floor plates, four pipe fan coil air conditioning, full access metal raised floors, suspended ceilings, LG7 lighting with movement sensors and male, female and disabled WC and showers.

  • 16th Fl-Ste East Wing
  • 5,367 SF
  • Office
  • Partial Build-Out
  • Now

This space comprises 1,843 sf of available office space on the ninth floor benefiting from large open plan floor plates, four pipe fan coil air conditioning, full access metal raised floors, suspended ceilings, LG7 lighting with movement sensors and male, female and disabled WC and showers.

Space Size Space Use Build-Out Available
2nd Fl-Ste Suite B 1,464 SF Office Full Build-Out Now
2nd Fl-Ste Suite C 1,464 SF Office Full Build-Out Now
4th Fl-Ste Suite B 1,184 SF Office Full Build-Out Now
4th Fl-Ste Suite C 1,926 SF Office Full Build-Out Now
5th Fl-Ste West Wing 6,262 SF Office Full Build-Out Now
13th Fl-Ste East Wing 1,463 SF Office Partial Build-Out Now
14th Fl-Ste East Wing 1,843 SF Office Partial Build-Out Now
15th Fl-Ste East Wing 1,348 SF Office Partial Build-Out Now
16th Fl-Ste East Wing 5,367 SF Office Partial Build-Out Now

2nd Fl-Ste Suite B

Size
1,464 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

2nd Fl-Ste Suite C

Size
1,464 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

4th Fl-Ste Suite B

Size
1,184 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

4th Fl-Ste Suite C

Size
1,926 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

5th Fl-Ste West Wing

Size
6,262 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

13th Fl-Ste East Wing

Size
1,463 SF
Space Use
Office
Build-Out
Partial Build-Out
Available
Now

14th Fl-Ste East Wing

Size
1,843 SF
Space Use
Office
Build-Out
Partial Build-Out
Available
Now

15th Fl-Ste East Wing

Size
1,348 SF
Space Use
Office
Build-Out
Partial Build-Out
Available
Now

16th Fl-Ste East Wing

Size
5,367 SF
Space Use
Office
Build-Out
Partial Build-Out
Available
Now

2nd Fl-Ste Suite B

Size 1,464 SF
Space Use Office
Build-Out Full Build-Out
Available Now

This space comprises 3,171 sf of available office space on the second floor benefiting from large open plan floor plates, four pipe fan coil air conditioning, full access metal raised floors, suspended ceilings, LG7 lighting with movement sensors and male, female and disabled WC and showers.

2nd Fl-Ste Suite C

Size 1,464 SF
Space Use Office
Build-Out Full Build-Out
Available Now

This space comprises 3,171 sf of available office space on the second floor benefiting from large open plan floor plates, four pipe fan coil air conditioning, full access metal raised floors, suspended ceilings, LG7 lighting with movement sensors and male, female and disabled WC and showers.

4th Fl-Ste Suite B

Size 1,184 SF
Space Use Office
Build-Out Full Build-Out
Available Now

This space comprises 3,171 sf of available office space on the second floor benefiting from large open plan floor plates, four pipe fan coil air conditioning, full access metal raised floors, suspended ceilings, LG7 lighting with movement sensors and male, female and disabled WC and showers.

4th Fl-Ste Suite C

Size 1,926 SF
Space Use Office
Build-Out Full Build-Out
Available Now

This space comprises 3,171 sf of available office space on the second floor benefiting from large open plan floor plates, four pipe fan coil air conditioning, full access metal raised floors, suspended ceilings, LG7 lighting with movement sensors and male, female and disabled WC and showers.

5th Fl-Ste West Wing

Size 6,262 SF
Space Use Office
Build-Out Full Build-Out
Available Now

This space comprises 3,171 sf of available office space on the second floor benefiting from large open plan floor plates, four pipe fan coil air conditioning, full access metal raised floors, suspended ceilings, LG7 lighting with movement sensors and male, female and disabled WC and showers.

13th Fl-Ste East Wing

Size 1,463 SF
Space Use Office
Build-Out Partial Build-Out
Available Now

This space comprises 3,900 sf of available office space on the ninth floor benefiting from large open plan floor plates, four pipe fan coil air conditioning, full access metal raised floors, suspended ceilings, LG7 lighting with movement sensors and male, female and disabled WC and showers.

14th Fl-Ste East Wing

Size 1,843 SF
Space Use Office
Build-Out Partial Build-Out
Available Now

This space comprises 3,900 sf of available office space on the ninth floor benefiting from large open plan floor plates, four pipe fan coil air conditioning, full access metal raised floors, suspended ceilings, LG7 lighting with movement sensors and male, female and disabled WC and showers.

15th Fl-Ste East Wing

Size 1,348 SF
Space Use Office
Build-Out Partial Build-Out
Available Now

This space comprises 1,843 sf of available office space on the ninth floor benefiting from large open plan floor plates, four pipe fan coil air conditioning, full access metal raised floors, suspended ceilings, LG7 lighting with movement sensors and male, female and disabled WC and showers.

16th Fl-Ste East Wing

Size 5,367 SF
Space Use Office
Build-Out Partial Build-Out
Available Now

This space comprises 1,843 sf of available office space on the ninth floor benefiting from large open plan floor plates, four pipe fan coil air conditioning, full access metal raised floors, suspended ceilings, LG7 lighting with movement sensors and male, female and disabled WC and showers.

  • Listing ID: 40749076

  • Date on Market: 2026-06-02

  • Last Updated:

  • Address: 54 Hagley Rd, Birmingham B16 8PE

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