Client work
Real estate team advises on sale of former Mucklow HQ
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Our Real Estate team has advised A&J Mucklow (Investments) Ltd, a LondonMetric Company, on the sale of its former Mucklow HQ office building in Halesowen to a private investor advised by commercial property agent Siddall Jones.
The 21,139 sq ft office block was sold for £2,610,000 and has a current total rental income of £251,437 per annum. It is currently fully let to tenants including the Secretary of State for Housing, Communities & Local Government, solicitors PM Petherbridge and is the regional headquarters for Barratt Homes.
The Real Estate team that advised Mucklow was led by legal director Andrew Bennett, with support from senior associates Satnam Sangha and Suneet Hira.
Andrew commented on the deal: "The sale of this building is an excellent result for our client. They saw demand in the market for good quality office buildings and were able to relinquish the property swiftly to the investor. We're pleased to have helped achieve this outcome for them."
If you have any clients that would like to discuss buying or selling a commercial property please contact Andrew Bennett.
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