240 Holliday Street, Birmingham, B1 1SJ
£31.44 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
87,479 sq ft
8,127 sq m
- SECTOR
Commercial development for sale
Key features
- Prime City Centre Location
- Full Planning Consent- Approved January 2024
- Unconditional Sale- Offers Over £2,750,000
- 106 Residential Apartments (C3): Studio, 1-, 2- and 3-Bedroom Units
- Total NIA (Residential)- 68,115 sq ft
- Total GIA - 87,479 sq ft
Description
Siddall Jones is instructed to present this residential development opportunity in the heart of Birmingham city centre. The site represents a rare opportunity to acquire a cleared, consented site with full planning permission for 106 apartments.
The site comprises the open-air car park adjacent to 240 Holliday Street, within the Ladywood ward. There are no structures on site, eliminating demolition cost and programme risk, with vacant possession achievable within one month and currently let at £5,830 PCM.
The vendor holds a 250-year long leasehold from Birmingham City Council at a peppercorn ground rent, with potential for the freehold to be acquired separately by a purchaser.
Location
240 Holliday Street sits within the Ladywood ward — one of the most active residential development zones in the West Midlands — immediately south-west of the city core, surrounded by consented and completed apartment schemes.
The area is undergoing rapid transformation, with multiple consented towers and BTR schemes flowing into Ladywood and the wider Westside district.
Walking distance of Centenary Plaza, Brindleyplace & the ICC Fast connectivity via New Street & Snow Hill stations to London Euston Adjacent to the emerging Canal Wharf & Register Office quarter
The Site
Currently operating as a pay-and-display car park, terminable on one month's notice — enabling rapid mobilisation of a development programme.
With no existing buildings, a purchaser can proceed directly to construction following discharge of planning conditions, without demolition cost or delay.
Tenure
250-yr long leasehold, peppercorn rent
Freeholder
Birmingham City Council
Exchange
Prompt — non-refundable deposit
Brochures
240 Holliday Street, Birmingham, B1 1SJ
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Five Ways Station0.3 miles
- Birmingham New Street Station0.6 miles
- Birmingham Snow Hill Station0.8 miles
Notes
Disclaimer - Property reference 382355-1. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Siddall Jones Ltd, Birmingham. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.