Blenheim Court in Solihull launched for sale with asking price of £19m

Blenheim Court, a 146,000 sq ft office scheme in the heart of Solihull, is being put up for sale with an asking price of £19 million.

It comes after Clearbell Property Partners II LP (Clearbell), a fund managed by private equity real estate fund management and advisory business Clearbell Capital LLP, announced the completion of the refurbishment of Radcliffe House - one of two buildings within the scheme.

Clearbell has appointed Savills to manage the sale, with an asking price of £19 million for the freehold, reflecting a capital value of £130 per sq ft.

Rhys Jones, asset manager, at Clearbell Capital, said: "The refurbishment of Radcliffe, Blenheim Court marks a significant milestone for this highly sought-after office scheme in the heart of Solihull.

"With significant works now complete and the scheme available to buy, we’re confident that the market will respond positively.

"Located within the M42 corridor, a prime office market known for strong demand and resilient rental growth, the site’s fully refurbished space and flexible layout options offer immediate appeal for a range of investors."

Nick Wood, director at Savills, added: "As the Birmingham and M42 investment market continues to attract interest, Blenheim Court is well-positioned to capitalise on this momentum.

"The property’s versatility, with options for future enhancements or residential conversion, aligns well with investor demand for flexible assets that offer both immediate and long-term potential in a key-growth region."

Blenheim Court comprises two main office buildings – Radcliffe and Chadwick - arranged around a shared car park, communal landscaped gardens, and a separate Grade II listed nursery fronting Warwick road.

Longstanding tenants include Legal & General, the Ministry of Housing, Communities & Local Government, and Cadent Gas, the UK’s largest gas distribution network.

Recent additions include Oracle, recognised for its enterprise software solutions, and Flutter, a global company in sports betting and gaming.

Other new occupiers signed up at Blenheim Court post refurbishment include Exotech and Air IT, reinforcing Blenheim Court's position as a versatile and attractive business hub for a range of sectors.