Black Country office block bought for £2.6 million
The former headquarters of property group A&J Mucklow has been sold for £2.61 million.
Commercial property agents Siddall Jones, who have offices in Birmingham and Dudley, have acquired the Whitehall House office building in Halesowen on behalf of a private Birmingham investor.
The 21,139 sq ft property in Whitehall Road has been bought from A&J Mucklow (Investments).
It is fully let to tenants including the Secretary of State for Housing, Communities & Local Government and solicitors PM Petherbridge. The building is also the regional headquarters for Barratt Homes.
The freehold three-storey office block, which dates from the 1970s, has 72 car parking spaces.
Edward Siddall-Jones, managing director of Siddall Jones, said: “This significant investment by our client is a clear indication of continuing strong demand for good quality office buildings let under strong covenants that provide long term value and the opportunity to enhance income in the future.
“Whitehall House’s attraction is enhanced by its prominent position at the roundabout junction of the A458 and A459 to the south of Halesowen town centre, linking to junction 3 of the M5 and the national motorway network.”
Family-owned A&J Mucklow, which was founded in 1933, was bought in a £415m deal in 2019 by rival property company LondonMetric.
