Siddall Jones signed up to sell another significant investment
Top West Midlands deal makers Siddall Jones have been instructed to sell a major multi-let Birmingham business centre.
BizSpace Business Park in Bordesley Green Road, has gone on the market for offers based on £1,700,000 which would provide a net initial yield of 10.21%.
Siddall Jones has hit the headlines in the last six months with a string of significant commercial and industrial deals and was recently named “Most Active Agent” in the West Midlands, in the Radius Data Exchange survey produced in conjunction with EG, the commercial property market magazine.
The freehold property situated three miles from Birmingham city centre totals 68,720 sq ft on a site of 3.27 acres.
The development has 67 units and currently produces £301,018 in rental with a net income of £183,795 per annum.
Ed Siddall-Jones, managing director of Siddall Jones, said: “This is an investment with significant asset management potential, having low base rents with the potential to increase rents further.
“It has always maintained a high occupancy level, demonstrating the strength of the property.”
Further details are available from email@example.com or by calling 0121 638 0500.
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For further information, please contact,
Ed Siddall-Jones, Managing Director,
Siddall Jones, The Mint, 95 Icknield Street, Birmingham B18 6 RU.
0121 638 0500
Prepared and issued by Andy Skinner at ASAP PR – 01608 651203, mobile 07990 978257.
Siddall Jones, which has offices in Birmingham and Dudley, was launched by Ed Siddall-Jones in 2012 and has grown steadily from one office to two and from one member of staff to six. In 2020, the firm was named Most Active Agent in the West Midlands in the Radius Data Exchange survey produced in conjunction with EG, the commercial property market magazine. In 2019, Siddall Jones was named Most Active Single Branch Agent by number of deals done by CoStar and was a Top Five finalist in the overall CoStar awards.