Siddall Jones reporting continued demand in Birmingham sub-£1million office market
Birmingham commercial property agents Siddall Jones have successfully sealed the sale of a modern office suite in a prominent position in the ever-popular Jewellery Quarter.
Acting on behalf of waste management company Clearabee, Siddall Jones has completed the sale of the 2,695 sq ft second floor of Griffin House to Mode Transport for £540,000.
Griffin House is a modern office building occupying a prominent position fronting Ludgate Hill, near to St Pauls Square, in the heart of the professional quarter and only a short walk from the city centre.
The property was home to Clearabee until earlier this year when the company relocated to The Hub in Aston.
Mode Transport is a transport planning and highway engineering consultancy which previously had its Birmingham office in Lombard House on Great Charles Street Queensway.
The practice currently has offices in Manchester, Birmingham and London, working on projects and secondments throughout the UK and overseas.
Ed Siddall-Jones, managing director of Siddall Jones, said: “The Birmingham office market continues to perform well, particularly in the sub-£1 million bracket, as business owners look to take advantage of tax benefits of owning a commercial property in their personal pension.
“Birmingham is still viewed as an attractive and undervalued city, and we are witnessing strong demand to purchase from local, national and overseas buyers.”
MFG Solicitors in Worcester acted for Clearabee and the Wilkes Partnership in Birmingham advised Mode Transport.
<< Back to News