65 Church Street, Birmingham, B3 2DP
Acting on behalf of the LPA Receiver, Franck-Steier Price has recently concluded the sale of a vacant Birmingham city centre office.
The building totalled 10,088 sqft over lower ground, ground and four upper floors. The building is located on in the city core part fronting Great Charles Street.
The building had previously been run as a serviced office prior to the sale with all but one floor divided into small individual rooms. The top floor was in need of substantial refurbishment.
A private company SIPP paid £707,500, reflecting a capital value of just over £70 per sqft. Shortland Penn & Moore acted for the purchaser.