Landmark city centre office building on market for £3,950,000 through Bond Wolfe
One of Birmingham’s most prominent office buildings is being sold for £3,950,000 by commercial property agents Bond Wolfe.
York House at 38 Great Charles Street Queensway is located on the corner of Newhall Street and Great Charles Queensway and is being sold as a commercial investment with the potential for residential conversion, subject to planning permission.
The freehold, 22,175 sq ft, five storey building is currently part let, producing £187,552.50 per annum, with an estimated rental value of £308,550 per annum.
James Mattin, managing director agency of Bond Wolfe, said: “York House is one of the most recognisable buildings in the inner city core, sitting at the heart of the business quarter.
“Its close proximity to both New Street and Snow Hill railway stations enhances its attraction for office workers, and it would also make an ideal residential conversion, subject to planning permission.”
For commuters, it also offers direct access to the A38M Aston Expressway and Junction 6 of the M6 beyond, feeding into the national motorway network.
Mr Mattin added: “As well as the two main Birmingham train stations, it is just a few minutes’ walk from the Metro. Sitting with the established central business district of Birmingham, with all its leisure and hospitality amenities, it is also close the new Paradise development which will see a number of new bars and restaurants coming to the city.
“We are anticipating strong interest both from investors seeking a prime city centre commercial opportunity and developers with an eye on the residential potential.”
For more details see York House, call James Mattin on 0121 524 1172, or email jmattin@bondwolfe.com
Ends
For further information, please contact:
James Mattin, Managing Director Agency,
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0121 525 0600 or 0121 524 1172, Email: jmattin@bondwolfe.com
Issued by Andy Skinner, ASAP PR, mobile 07990 978257.
Editors’ notes
Bond Wolfe is an established commercial property practice based in Birmingham. Its services include commercial property sales and lettings, auctions, investment, development and property management throughout the UK.