Substantial landmark building with consent for conversion to apartments, office, restaurant, bar and retail use
Approximately 8,361 sq m (90,000 sq ft)
Grade II Listed - no Empty Rate liability
Close to Birmingham Aston University Campus and Birmingham Law Courts
Easy walking distance of business district
Six Week Completion Available
Lot 6
Auction 7th July 2011
Status Sold Prior
Price
Sector Development
Auction Venue Millennium Hotel 39-44 Grosvenor Square London W1K 2HP
On behalf of G B Judd and R J Goode, Joint LPA Receivers of the Central Hall, Birmingham
Property Information
Location
Miles
Bull Ring Shopping Centre - 1/2 mile, University of Aston - 1/4 mile, Birmingham Children's Hospital - 100 metres, Birmingham Crown Court - 150 metres
Roads
M6, M5, M42
Rail
Birmingham New Street, Birmingham Snow Hill, Birmingham Moor Street
Air
Birmingham International
Situation
The landmark property is prominently situated between Corporation Street and Dalton Street close to the James Watt Queensway (A4400) and some 50 metres from Birmingham Crown and Magistrates' Courts. Birmingham Aston University Campus is immediately opposite the property on the east side of James Watt Queensway (A4400). Other local occupiers include Pizza Express and Birmingham Children's Hospital lies some 100 metres to the north.
Tenure
Freehold.
Location
Miles
Bull Ring Shopping Centre - 1/2 mile, University of Aston - 1/4 mile, Birmingham Children's Hospital - 100 metres, Birmingham Crown Court - 150 metres
Roads
M6, M5, M42
Rail
Birmingham New Street, Birmingham Snow Hill, Birmingham Moor Street
Air
Birmingham International
Situation
The landmark property is prominently situated between Corporation Street and Dalton Street close to the James Watt Queensway (A4400) and some 50 metres from Birmingham Crown and Magistrates' Courts. Birmingham Aston University Campus is immediately opposite the property on the east side of James Watt Queensway (A4400). Other local occupiers include Pizza Express and Birmingham Children's Hospital lies some 100 metres to the north.
Tenure
Freehold.
Description
The property is a magnificent historic landmark building occupying half an island site. The property has elevations clearly visible from the busy James Watt Queensway (A4400) and comprises retail units on the ground floor that has been sold on a long lease. There is a separate ground floor entrance to the upper parts, which comprise two levels and feature a double height hall with a gallery. The property also features a substantial clock tower. There is also basement accommodation.
Planning:
The upper parts of the property were last used as a nightclub/entertainment venue.
Planning and Listed building consent has been obtained for alterations and extension and change of use from nightclub to 47 apartments, offices, restaurants/bar and retail use.
We understand that there are no section 106 obligations under this application. The Application Numbers are 2009/03740/PA and 2009/03741/PA (Listed Buildings consent).
NB: This property is being marketed for sale on behalf of Joint Law of Property Act Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given.The LPA Receivers are not bound to accept the highest or any offer and are acting without personal liability.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property is a magnificent historic landmark building occupying half an island site. The property has elevations clearly visible from the busy James Watt Queensway (A4400) and comprises retail units on the ground floor that has been sold on a long lease. There is a separate ground floor entrance to the upper parts, which comprise two levels and feature a double height hall with a gallery. The property also features a substantial clock tower. There is also basement accommodation.
Planning:
The upper parts of the property were last used as a nightclub/entertainment venue.
Planning and Listed building consent has been obtained for alterations and extension and change of use from nightclub to 47 apartments, offices, restaurants/bar and retail use.
We understand that there are no section 106 obligations under this application. The Application Numbers are 2009/03740/PA and 2009/03741/PA (Listed Buildings consent).
NB: This property is being marketed for sale on behalf of Joint Law of Property Act Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given.The LPA Receivers are not bound to accept the highest or any offer and are acting without personal liability.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Ground Floor and Part Basement
Retail Units
Not Measured
THE METHODIST CHURCH
125 years
Peppercorn
Part Basement, Part Ground, First and Second Floors
