Landmark development is sold

Swali Investments & Holdings Ltd has purchased Rocky Lane House, a 6,332 sq ft office building which fronts Aston Cross Business Village.

The Birmingham-based property investment company intends to occupy the offices for its own use. Siddall Jones sold the building on behalf of Aston Cross 4 Holdings Ltd.

Ed Siddall-Jones, managing director of Siddall Jones, said: “There was keen interest in Rocky Lane House, demonstrating the continuing keen appetite for quality investment opportunities in Birmingham.”

David Swali, CEO at at Icare24 Group, said: “We are excited to announce the acquisition of Rocky Lane House as the new headquarters for the Icare24 Group.

“We eagerly anticipate completing the design and development process by Estilo and moving into our new office this summer. This milestone signifies our commitment to growth and providing a dynamic work environment that fosters innovation and collaboration within the Icare24 Group."

Rocky Lane House is a freehold two storey property which has recently refurbished office space of 3,186 sq ft with the ground floor comprising three retail units, all of which are let and self-contained.

It is located in Aston Cross Business Village in the Waterlinks area of Birmingham, within two miles of the city’ central business district and close to the A38(M) Expressway, leading on to the national motorway network via Junction 6 of the M6.

Ed said: “The office element has recently undergone a comprehensive refurbishment and boasts an impressive ground floor reception area with two meeting rooms off, and kitchen, shower and toilet facilities also on this level.

“The first floor space comprises an open plan suite with toilets and fitted kitchen, and the development comes with extensive car parking."

Law firm Knights plc acted for Aston Cross 4 Holdings Ltd.

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