21 Milk Street, Digbeth, Birmingham, B5 5TR

Description
Freehold ground rent is secured by a long lease of 99 years' duration expiring 11 December 2084.

The passing rent of £18,000 per annum is subject to upward review every seven years, with the next review falling in 2027.

This structure provides an investor with:

– A long-dated income stream with over 58 years remaining on the term.
– Regular, contractual rent reviews providing a degree of inflation protection and income growth.
– A secure, low-management-intensity investment in one of Birmingham's strongest regeneration locations.
– Capital value appreciation potential underpinned by the exceptional pace of Digbeth's transformation.

Location
Digbeth is Birmingham's Creative Quarter, situated immediately east of the city centre and adjacent to Curzon Street — the future HS2 terminus. Once a Victorian industrial heartland, the area has transformed into one of the UK's most dynamic and investment-active urban districts.

The area is home to a growing cluster of creative, media and technology occupiers including the BBC, Netflix, Huel and Digbeth Loc Studios — the major film and TV production campus associated with Steven Knight. Digbeth is firmly established as a location of national significance for the screen industries.

Birmingham City Council's Digbeth Prospectus (launched May 2025) identifies over 6,650 new homes and 310,000 sq m of commercial space across 10 development sites. The £1.9 billion Smithfield Masterplan and Warwick Bar regeneration (covering an area equivalent to 22 football pitches) further reinforce the scale of committed public and private capital flowing into this corridor.

Transport connectivity is being materially enhanced through the Eastside Metro extension and HS2's Curzon Street station (scheduled for opening 2033), which will place Birmingham within 50 minutes of London.

Site Area
We understand the site area extends to approximately 0.20 acres or thereabouts.

Tenure
Freehold- subject to a 99 year lease expiring 11th December 2084