Hermes Real Estate is embarking on a major refurbishment of Athena Point at 13 Tameside Drive, Aston, which will cost more than £2 million.
Due for completion at Christmas, the industrial/warehouse property is available as a single 101,582 sq ft unit with about 5,000 sq ft of office space, or may be split into two units of varying size, with five per cent office accommodation.
Athena Point is available on a leasehold basis with a quoting rent of £4.95 per sq ft.
Hermes Real Estate’s refurbishment encompasses a 15-point plan to conserve energy wherever possible, taking in factors such as natural ventilation for office areas, energy efficient light fittings controlled by PIR sensors, solar panels to supplement the water heating system, water-saving washrooms and the installation of energy-efficient boilers and radiators.
Bob Dawson, Hermes’ senior asset manager said: “This expenditure endorses Hermes’ commitment to a sustainable future.
“We believe that occupiers are becoming increasingly discerning about the sustainable credentials of the buildings they occupy and therefore are confident that this refurbishment will create a sustainable asset that will perform well in the long-term.”
According to Helen Kendrick, associate director at joint agent DTZ, a key selling point for Athena Point will be the property’s “green” credentials
“Occupiers are increasingly looking for energy efficient properties as part of their search criteria,” she said.
“And with the phasing in of Energy Performance Certificates later this year, any measures that will enhance a building’s energy performance rating while potentially reducing operating costs are good news for both landlords and occupiers.”
Athena Point is 1.5 miles from J6 of the M6, three miles north of Birmingham city centre and adjacent to the River Tame.
Cris Maxim, of joint agent King Sturge, added: “The property is coming to the market at a time when occupiers will appreciate the benefits of quality refurbished buildings on competitive terms.”