122 Great Barr Street, Birmingham, West Midlands, B9 4AY

For Sale by private treaty.

Offers based on £1,250,000.

Freehold Strategic development (STP) / Owner Occupier Opportunity

This substantial commercial property extends to approximately 8,500 sq. ft. (789.96 sq.m) over basement , ground and first floors. It sits immediately adjacent to the canal tow path & backs onto the original Great Western railway arches. The property benefits from security roller shutters opening to an inner courtyard which provides access to ground floor offices and showroom space. Stairs give access to basement accommodation and first floor warehouse/show room facilities extending into the railway arches to the rear. The property maintains many of its original features throughout, and affords flexible accommodation deemed suitable for a variety of uses (subject to planning consent) .

Accommodation
Basement - 1,143 sq. ft.
Ground - 3,733 sq. ft.
First - 3,624 sq. ft.
Total - 8,500 sq. ft.

Location
The property occupies a prominent canal side location fronting Great Barr Street in Digbeth just off the A4540 Watery Lane, Middleway. It is approximately 0.5 miles east of Birmingham City Centre and motorway access is via the M6 motorway (Junction 6) being approximately 2 miles to the north and the M42 (Junction 7) being approximately 8 miles to the southeast.
122 Great Barr Street is situated at the heart of the Digbeth east side" regeneration area and within close proximity to the proposed Metro line Station, Curzon Street station, Millenium Point , and various Universities. There is considerable regeneration occurring within close proximity (including residential/student accommodation).

Tenure
Freehold.

Planning
Under application number 2020/03634/PA, the property forms part of a hybrid planning application to incorporate a 6 storey residential development on the site as part of a wider scheme for a mixed development of up to 350,000 sq m floorspace, comprising up to 1,850 residential units, car parking , student accommodation and night clubs. The overriding scheme covers land bounded by Montague Street, The Grand Union Canal, Barn Street, Milk Street, High Street Deritend, Adderley Street & Liverpool Street including part of Duddeston Viaduct, Digbeth. Full details of the proposed scheme are available upon request.

VAT
All figures quoted are exclusive of any VAT which may be payable at the prevailing rate.

EPC
Available upon request.

Legal Costs
Each party are responsible for their own legal costs that may be incurred in this transaction.