The Pavilion Coleshill Manor 6,973 SF Office Building Birmingham B46 1DL $2,665,494 ($382.26/SF)

The property is to be sold the virtual freehold of the premises, which was purchased as a 999 year lease in the late 2000's. It is to be sold with sitting tenants Nordomatic.
The Pavilion at Coleshill Manor Campus is a 6,973sqft Grade A specification office investment nestled into picturesque grounds adjacent to Coleshill Manor. With a gated security outpost and private driveway leading up to the Manor, The Pavilion is equipped with leading M&E fit-out throughout, including server rooms and air conditioning, together with 30 allocated car parking spaces. The property is built of single storey brick elevations surmounted above by standing seam metal corrugated pitched sheeting.
Nordomatic Ltd currently occupy the premises on a 10 year lease dating from 17th November 2020. The lease incorporates annual rent reviews each November and the current rent for 2024 is £162,960 per annum. The lease is based on a Full Repairing and Insuring basis.