Small businesses looking to purchase their own self-contained offices are encouraged to consider the rare opportunity provided by 50-54 St Paul’s Square – immediately – now that only two units remain available.
KWB has secured another substantial batch of occupiers at the property, and several investment purchases – reinforcing the appeal of the property and the proposition.
50-54 St Paul’s Square attracts a diverse range of professional occupiers. In this latest flurry, unit 12 was purchased by Fresh PR, units 17, 25 and 26 were bought by Central Finance Holdings and Studio 2 was bought by MGR Appraisals.
A further four of the office units were purchased as ‘buy-to-let’ investments.
Of their new offices, Amanda Kinbrum, managing director of Fresh PR, said: “The lease on our office was due for renewal and, out of curiosity, I looked online at offices to buy in Birmingham.
We were amazed to find that it would only cost £100 a month more than our current rent, which was set to rise anyway.
As a small business owner, it’s a great feeling to own our office. With all the development projects in Birmingham, property prices can only go up, so we feel that we have made a brilliant investment.
Now that we’re based in our new offices, it’s wonderful – the lovely courtyard setting, high beamed ceilings and big windows.
The staff are really happy to be here. St Paul’s Square is one of the best professional areas in Birmingham – it’s close to the train station, it feels safe, it’s close to the city centre and we have all amenities at our fingertips.”
The new occupiers are joining a list that already includes multimedia company Koala TV, Margetts Fund Management, H&S Solicitors and James Andrews Recruitment Solutions.
The success of the scheme – which, at this rate of take-up, is expected to be fully sold within the next few months – has led KWB to call on smaller businesses to act now.