Carillion’s Midlands head office on sale for £3m

The West Midlands headquarters of liquidated UK contractor Carillion has been put on the market for offers exceeding £3m, half its value when it was bought by an unnamed investor in 2016.

Carillion and its liquidator, PricewaterhouseCoopers (PwC), are still using "Carillion House", which is located on a 2,630 sq m site in Wolverhampton city centre.

According to the Wolverhampton Express & Star, fewer than 220 people are presently working at the offices, out of the 460 based there when the infrastructure giant collapsed in January.

Noel Muscutt, a partner at Bulleys estate agent, which is handling the freehold sale along with JLL, said: "This is a fantastic opportunity to acquire an eye-catching office block in a prominent location that will soon benefit from proximity to the Westside leisure development.  

"The offices were comprehensively refurbished in 2015 and provide open-plan accommodation that would suit occupation as a whole, on a floor by floor or part-floor basis."

The six-storey office was leased by Carillion for about £440,000 a year.

Image courtesy of Bulleys

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