FREEHOLD VACANT JEWELLERY QUARTER SITE WITH PP FOR HOTEL & PP FOR COMMERCIAL/RESIDENTIAL DEVELOPMENT
Guide price: £900,000 - £905,000
Location & Description
Birmingham is the UKs second largest city and is about 120 miles from London.
A large site with frontages to both Carver Street and Pope Street in a conservation area in the Jewellery Quarter of the city. Just to the east of Icknield Street (A4540) in a mixed commercial/residential area close to various developments including The Orb, Boxworks and Wexler Lofts.
Birmingham New Street and Birmingham Moor Street mainline stations are both about 1-1¼ miles away.
OFFERED VACANT WITH 2 ALTERNATIVE PLANNING PERMISSIONS
1. GRANTED for five STOREY BUILDING to provide an 82 BEDROOM HOTEL with associated basement plant rooms and back of house facilities (ref: 2013/06076/PA dated 01.11.2013).
2. GRANTED for four STOREY BUILDING containing 6 COMMERCIAL UNITS WITH 30 RESIDENTIAL UNITS above (ref: 2007/04390/PA dated 12.11.2007 - understood to be implemented by way of demolition but buyers need to satisfy themselves on this and all aspects of the potential to develop either scheme).
SITE AREA: (from digital mapping)
0.22 acre (0.09 hectare)
9,580 sq ft (890 sq m)
- Freehold Vacant Site
- 2 Alternative Planning Permissions
- Jewellery Quarter of Birmingham
Sold for £900,000.
Maguire Jackson 33 George Street Birmingham B31 1QA Tel: 0121 634 1520 Ref: Kathryn Molloy
VAT is payable on the transaction.