Property photos
Retirement
Freehold
Non quoting
Office for sale
Cranmore Place, Cranmore Drive, Solihull B9038,587 sq. ft
Local area information
Property location
Nearby amenities
- Solihull Alternative Provision Academy 0.1 miles
- Cranmore Infant School 0.1 miles
- Solihull 1.2 miles
- Widney Manor 1.4 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Freehold
Key Points
Freehold office investment with short term passing rent of £391,425 per annum (c. 48% let) Net Internal Area of 38,587 sq ft (3,585 sq m) Approximately 2.03 acre (0.82 hectare) site area Close proximity to Solihull town centre and Shirley’s Parkgate Shopping Centre Opportunity to add significant value Suitable for alternative uses including residential, care, medical use, retirement or hotel (subject to planning) Conditional and unconditional offers invited for the freehold in its entirety
Description
The property comprises a three-storey detached office building with a flat roof. We understand that the property has a net internal area of 38,587 sq ft (3,585 sq m) and sits on a site of c. 2.03 acres (0.82 ha). The site benefits from three points of vehicular access, including a direct point of access to Cranmore Boulevard.
The building is separated into a range of serviced office suites, comms room, gym space and juice bar. The office suites have suspended ceilings, LG7 lighting, perimeter trunking, comfort cooling/heating and two passenger lifts.
The property has a porte cochère to the front and a tarmacadam car park to the rear with 148 parking spaces.
Location
The property is located on the edge of Cranmore Business Park in Shirley, a town in the Metropolitan Borough of Solihull. The property is surrounded by terraced houses to the west and semi-detached houses to the north and there are similar offices to the south and east.
The Business Park is accessed from Stratford Road (A34) which in turn provides access to Birmingham’s ring road, 5.6 miles (9 km) to the north-west and Junction 4 of the M42,1.6 miles (2.6 km) to the south-east.
Solihull town centre is located 1.5 miles (2.4 km) to the north-east, Birmingham city centre is located 6.7 miles (10.8 km) to the north-west and Coventry is located 12.5 miles (20.1 km) to the east.
Shirley and Solihull railway stations are located within 1.6 miles (2.6 km) of the property and between them provide services to London Marylebone, Birmingham, Worcester, Warwick and Stratford-upon-Avon amongst others.
There are several bus stops within 5 minutes’ walk of the property with services to Solihull, Birmingham, Blythe Valley and Kings Heath.
Solihull, known as one of the most affluent areas in the Midlands, boasts a variety of local and national retailers in its town centre. Shirley also has a range of independent retailers and national retailers along its high street and in its shopping centre, Parkgate.
Planning
The Local Planning Authority is Solihull Metropolitan Borough Council (smbc).
We are not aware of any pending planning applications relating to the property and the site is not shown as being allocated for any particular use or identified as a specific development opportunity within the Solihull Local Plan (adopted December 2013).
The current planning use is E (office) however we are of the opinion that the property would be suited to various different uses including residential conversion or redevelopment, subject to the necessary consents. Interested parties should make their own enquiries to the Local Planning Authority.
A feasibility study has been undertaken by Glancy Nicholls which demonstrates some potential ideas for redeveloping the site. A copy of the feasibility study is included within the data room.
Tenure
The property is to be sold freehold (with title ref: WM875902), subject to all third-party rights, easements and statutory designations currently passing. Prospective purchasers must satisfy themselves in this regard.
Tenancies
A copy of the current tenancy schedule (dated June 2024) is available within the data room.
Services
We understand that all mains services are available to the property however, prospective purchasers must satisfy themselves in respect of the availability, capacity and sustainability of all services and utilities.
A data room is available via the link within this brochure.
EPC
1 Cranmore Drive : C(66)
mk Health Hub 1 Cranmore Drive: C(65)
Description
The property comprises a three-storey detached office building with a flat roof. We understand that the property has a net internal area of 38,587 sq ft (3,585 sq m) and sits on a site of c. 2.03 acres (0.82 ha). The site benefits from three points of vehicular access, including a direct point of access to Cranmore Boulevard.
The building is separated into a range of serviced office suites, comms room, gym space and juice bar. The office suites have suspended ceilings, LG7 lighting, perimeter trunking, comfort cooling/heating and two passenger lifts.
The property has a porte cochère to the front and a tarmacadam car park to the rear with 148 parking spaces.
Location
The property is located on the edge of Cranmore Business Park in Shirley, a town in the Metropolitan Borough of Solihull. The property is surrounded by terraced houses to the west and semi-detached houses to the north and there are similar offices to the south and east.
The Business Park is accessed from Stratford Road (A34) which in turn provides access to Birmingham’s ring road, 5.6 miles (9 km) to the north-west and Junction 4 of the M42,1.6 miles (2.6 km) to the south-east.
Solihull town centre is located 1.5 miles (2.4 km) to the north-east, Birmingham city centre is located 6.7 miles (10.8 km) to the north-west and Coventry is located 12.5 miles (20.1 km) to the east.
Shirley and Solihull railway stations are located within 1.6 miles (2.6 km) of the property and between them provide services to London Marylebone, Birmingham, Worcester, Warwick and Stratford-upon-Avon amongst others.
There are several bus stops within 5 minutes’ walk of the property with services to Solihull, Birmingham, Blythe Valley and Kings Heath.
Solihull, known as one of the most affluent areas in the Midlands, boasts a variety of local and national retailers in its town centre. Shirley also has a range of independent retailers and national retailers along its high street and in its shopping centre, Parkgate.
Planning
The Local Planning Authority is Solihull Metropolitan Borough Council (smbc).
We are not aware of any pending planning applications relating to the property and the site is not shown as being allocated for any particular use or identified as a specific development opportunity within the Solihull Local Plan (adopted December 2013).
The current planning use is E (office) however we are of the opinion that the property would be suited to various different uses including residential conversion or redevelopment, subject to the necessary consents. Interested parties should make their own enquiries to the Local Planning Authority.
A feasibility study has been undertaken by Glancy Nicholls which demonstrates some potential ideas for redeveloping the site. A copy of the feasibility study is included within the data room.
Tenure
The property is to be sold freehold (with title ref: WM875902), subject to all third-party rights, easements and statutory designations currently passing. Prospective purchasers must satisfy themselves in this regard.
Tenancies
A copy of the current tenancy schedule (dated June 2024) is available within the data room.
Services
We understand that all mains services are available to the property however, prospective purchasers must satisfy themselves in respect of the availability, capacity and sustainability of all services and utilities.
A data room is available via the link within this brochure.
EPC
1 Cranmore Drive : C(66)
mk Health Hub 1 Cranmore Drive: C(65)
More information
Listed by
Avison Young - Land & Development
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