The Old Stock Exchange building has hit the market seeking offers in excess of £3m. Credit: CBRE

Historic Birmingham Old Stock Exchange up for sale

CBRE is seeking offers in excess of £3m for the 26,000 sq ft Old Stock Exchange building on Margaret Street, with demand for premium offices surging in the city.

The vacant six-storey building was built in 1928 and was the centre of Birmingham’s stockbroking for almost 60 years, before it was refurbished into offices.

Heritage features include the double-height former stock exchange hall, now incorporated as part of the building’s reception area, and oak panelled rooms, a feature staircase, and the original banking room, which were all retained as part of the office conversion, according to agents CBRE.

The Old Stock Exchange building has retained many of its original features. Credit: CBRE

“The Birmingham office market is seeing high demand, with take up in Q1 up 45% on the same period last year. There is a particular focus on Grade A office space, and the Old Stock Exchange is one of the few buildings in the traditional core at this size available freehold,” said Theo Holmes, head of office agency in the Midlands at CBRE.

“Appealing to a variety of future uses, the buildings flexible open plan layout allowing buyers to tailor the space to their needs, while its heritage and period features lend character, charm and gravitas.

“Birmingham is an extremely promising investment opportunity, with a host of regeneration projects announced or underway. The Old Stock Exchange benefits from being within spitting distance of both Central Heart, a vibrant new neighbourhood, and the high-speed rail network, HS2. With top quality space in short supply, we’re expecting a surge of interest on this rare opportunity in Birmingham’s City Centre.”

Comprising six storeys and a basement, the 26,065 sq ft, self-contained office building is being offered with immediate possession. Featuring flexible and adaptable open plan floorplates, the building could be repositioned into an office, hotel or educational space, already holding use class E and F1(a) Education Planning Consent.

More information is available from CBRE’s online brochure for the Old Stock Exchange.

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