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- An attractive period office building with Permitted Development Rights for conversion to residential and further development potential.
- Located in the heart of Birmingham City Centre, 2 minutes from Birmingham New Street Station and within walking distance of all major amenities.
- Permitted Development Rights are in place for conversion into 31 apartments.
- Additional planning consent granted to develop another seven apartments over two additional floors.
- The two schemes will produce a total of 38 flats (20 x 1 bed and 18 x 2 bed) with a total GIA of 24,422 sq ft.
- The property may also suit change of use to Hotel, Student Accommodation or Co-Living.
- A hotel scheme has been designed which would involve the conversion and extension of the existing building to facilitate 131 rooms (further information available upon request).
- The building has been stripped in its entirety and is ready for conversion.
- Freehold.
- CIL Liability of £30,861.63.
- GDV in excess of £10,000,000.
- Quoting OIEO £3,200,000 (Three Million, Two Hundred Thousand Pounds) Subject to Contract.
