Modern Freehold Office Building Sold in Lichfield City Centre
General | 12.08.2021
Burley Browne have successfully completed a sale of a modern two storey office building to an owner occupier within Lichfield City Centre. 71a Upper John Street occupied an excellent position being adjacent to Lichfield City Railway Station and a short distance from the main retail provision. In addition, the property benefitted from excellent access to the local and major trunk roads including the Birmingham Road, A5127 and A38. The property was sold on behalf of a private client close to the asking price with multiple viewings generating competing interest at the time of marketing.
Steve Hannaford, Surveyor at Burley Browne commented “freehold opportunities remain in high demand and the sale of this property together with other freehold opportunities currently being marketed are another example of the improving office market conditions. We are delighted to have been able to assist with this disposal, and despite some of the uncertainty in relation to office premises, we are seeing signs of improving confidence for this style of property.
Burley Browne is one the West Midlands leading independent commercial property consultants providing a comprehensive range of commercial property services to a wide variety of clients. These include private individuals or small businesses through to pension funds, banks, property investors and developers, multi-national companies and national retail and leisure operators.
For more information on the office market or available properties, please contact the office agency team at Burley Browne on 0121 321 3441, email – enquiries@burleybrowne.co.uk or visit the property search function on our website – www.burleybrowne.co.uk
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