Bromwich Hardy completes multi-million pound office sale
A high-specification 20,000 sq ft office in Coventry has been sold in a multi-million-pound deal completed by commercial property experts Bromwich Hardy.
The two-storey office site at 1410 Spring Place on Coventry Business Park – previously the home of education regulator Ofqual – has been bought by a Coventry-based company for a new head office.
Bromwich Hardy partner Michelle Mills said the modern, self-contained offices had generated considerable interest after going on the market six months ago – illustrating the need for more high-quality office accommodation across the city.
“These are superbly-located offices on a dynamic business park on the western edge of the city, offering excellent, up-to-date facilities and transport links and have proved particularly attractive since becoming available.
“The fact that we have seen so much interest reflects the shortage of Grade A stock of all sizes in the city and the wider Warwickshire business environment.
“There is no doubt that there is a lack of modern freehold opportunities for companies looking to purchase their own offices for owner-occupation and we are delighted to have been able to complete such a timely sale for our client, one of the largest privately-owned property companies in the UK.”