PRIVACY
Commercial Property

Birmingham office building sold for £1.2m

Translation services company has acquired building the city's Jewellery Quarter

Emal Haidari, head of interpreting with Absolute Interpreting and Translations (left), with Ed Siddall-Jones, managing director of Siddall Jones, outside 34-35 Ludgate Hill in Birmingham

An office building in Birmingham's Jewellery Quarter has been sold for £1.2 million.

Absolute Interpreting and Translations has bought 34-35 Ludgate Hill from a private investor. The property has 4,946 sq ft across five floors and has recently been refurbished.

It comes with secure parking behind roller shutter doors. Property agency Siddall Jones, also based in the Jewellery Quarter, sold the building on behalf of the owner.

Managing director Ed Siddall-Jones said the transaction underscores the resilience of the owner-occupier market.

"This sale not only highlights the enduring strength of the owner-occupier segment but also showcases Birmingham's attractiveness as a hub for commercial real estate investments," he said.

"We are pleased to have facilitated this transaction within a strict timescale prescribed by our client who needed to ensure completion before the end of the year."

Law firms Standley & Co and Higgs acted on the deal.