New high quality office accommodation could see raft of new occupiers moving into Birmingham city centre

Published on: 3rd February 2017

Over the next four years, occupiers in Birmingham city centre are set to have a large choice of high quality, Grade A office accommodation, according to a pipeline review conducted by our Birmingham team.

Between now and 2021, 2.8m sq ft of Grade A office space is programmed to become available in the city as a result of completing new developments, and refurbishment of existing accommodation.

The past ten year average take-up of office space in Birmingham city centre is 663,000 sq ft per annum, with a recognised shortage of Grade A space previously limiting the choice available to occupiers looking to move into the city.

Peter Fowles, head of our Birmingham office said, “Birmingham is currently undergoing a resurgence not witnessed since the 1960’s and 70’s. The city will soon have both the quantity and quality of available office space to attract even the most discerning national and international occupiers.

“The premium buildings are quoting rents of up to £35.00 per sq ft, but there is also space available at £26.00 per sq ft, making Birmingham city centre a competitive option for occupiers seeking quality offices.”

Click here to view the full report.

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Birmingham City Centre office pipeline review

Occupiers set to benefit from good supply of city centre offices to 2021 and beyond Birmingham is currently undergoing a resurgence not witnessed since the 1960’s and 70’s. The city will soon have both the quantity and quality of available office space to attract even the most discerning national and international occupiers. Birmingham city centre currently has a total office stock in the region of 17.5million sq ft. Of this stock, there is over 2,800,000 sq ft new or recently refurbished Grade A office space suitable for a 20,000+ sq ft occupier to lease now or in the development pipeline to be completed before 2021.

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BHam Office Pipeline Review Jan 17

Occupiers set to benefit from good supply of city centre offices to 2021 and beyond

Birmingham is currently undergoing a resurgence not witnessed since the 1960’s and 70’s. The city will soon have both the quantity and quality of available office space to attract even the most discerning national and international occupiers.

Birmingham city centre currently has a total office stock in the region of 17.5million sq ft. Of this stock, there is over 2,800,000 sq ft new or recently refurbished Grade A office space suitable for a 20,000+ sq ft occupier to lease now or in the development pipeline to be completed before 2021.

[fulltext] =>

We have begun 2017 with the promise of a further 370,039 sq ft of Grade A office accommodation due to be completed this year, most within the first six months. Combining this with the current office stock will give companies looking to move to the city an exceptional 750,000 sq ft of Grade A space to choose from.

Click here to view our full Birmingham City Centre office pipeline review.

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Birmingham businesses welcome Sanderson Weatherall to the city

We celebrated the grand opening of our Birmingham office last week with a drinks reception at the Hotel du Vin & Bistro, attended by clients and contacts from across the city. Located at 122 Colmore Row, our new office is on the top floor of a Grade I listed building, providing us with high class facilities in a prime city centre location.

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We celebrated the grand opening of our Birmingham office last week with a drinks reception at the Hotel du Vin & Bistro, attended by clients and contacts from across the city.

Located at 122 Colmore Row, our new office is on the top floor of a Grade I listed building, providing us with high class facilities in a prime city centre location.

[fulltext] =>

Our Birmingham based team, headed up by Partner, Peter Fowles, will deliver our award winning property services to clients and businesses in Birmingham and across the Midlands.

Event Gallery

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Office Agency

Our office agency team provide advice and expertise on the sale, acquisition, marketing, development and leasing of office properties and developments across the country. Utilising in-depth experience of the UK office sector coupled with extensive knowledge of the local and regional marketplaces in which we operate, each team possesses unrivalled skills to work to your significant advantage. Our specialist knowledge ranges from individual office suites to out of town business parks and new-build city centre developments.The specialism is supported by a broad range of additional services within the business. Agency Disposals: Realistic marketing advice and methodology Comprehensive market knowledge and full research facilities Extensive enquiry database Innovative marketing ideas Appraisal of alternative uses with in-house town planning advice Agency Acquisitions: Obtaining a clear understanding of our client’s requirements and commercial objectives Comprehensive property stock search and identification of development opportunities Objective advice on the suitability of identified properties Negotiation of favourable terms Full back up service including structural surveys, planning advice and fitting out etc. Valuation and finance advice Development Consultancy: Thorough market research Advice on selection and appointment of consultants Undertaking of full financial appraisals and timescales Advice on optimum composition of development Assessment of deliverability Advice on specification and scheme layout End user knowledge   Contact Us

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Our office agency team provide advice and expertise on the sale, acquisition, marketing, development and leasing of office properties and developments across the country.

Utilising in-depth experience of the UK office sector coupled with extensive knowledge of the local and regional marketplaces in which we operate, each team possesses unrivalled skills to work to your significant advantage.

Our specialist knowledge ranges from individual office suites to out of town business parks and new-build city centre developments.The specialism is supported by a broad range of additional services within the business.

Agency Disposals:

  • Realistic marketing advice and methodology
  • Comprehensive market knowledge and full research facilities
  • Extensive enquiry database
  • Innovative marketing ideas
  • Appraisal of alternative uses with in-house town planning advice

Agency Acquisitions:

  • Obtaining a clear understanding of our client’s requirements and commercial objectives
  • Comprehensive property stock search and identification of development opportunities
  • Objective advice on the suitability of identified properties
  • Negotiation of favourable terms
  • Full back up service including structural surveys, planning advice and fitting out etc.
  • Valuation and finance advice

Development Consultancy:

  • Thorough market research
  • Advice on selection and appointment of consultants
  • Undertaking of full financial appraisals and timescales
  • Advice on optimum composition of development
  • Assessment of deliverability
  • Advice on specification and scheme layout
  • End user knowledge

 

Contact Us

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