Property Management for sale in West Midlands

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Property Development Opportunity in Prime Birmingham Location

West Midlands, England

  • Price: undisclosed
Seller Reference: 36971-786751
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Business Description
Property Development Opportunity in Prime Birmingham Location
Seller Reference: 36971-786751
Request Details
Business Description
Property Development Opportunity in Prime Birmingham Location
Our client is looking for a long-term Tenant who can work with him in developing a magnificent property opportunity in a thriving location in Birmingham. The property is circa 16000 sqft. across 4 floors and may be suitable for a residential care home or given its location it could be developed into a high-quality boutique hotel.
• This is a significant business opportunity. The landlord is looking for a long-term tenant who will have the opportunity of running a significant business in a prime Birmingham location.
• Given its vibrant location and the spacious premises there are a number of potential business propositions which could deliver significant revenue opportunities; this is a busy area and future plans will increase the volume of potential customers.
• The landlord is happy to discuss commercial propositions which give consideration to the property development costs and the long-term lease on the property.
• Given the ongoing developments in the area the business opportunity could be significant.
• The property has planning permission for internal works.
Facilities Internal area is circa 16,000 sqft across 4 Floors

The current architects’ plans show circa 40 apartments.

The Landlord is open to discussions around a variety of commercial proposition. Dependent upon the chosen business solution the estimated construction costs will be in the region of £750,000 to £1million.
Competitive Overview The property is in a great Birmingham location and is conveniently situated close to all main transport links.
The area is home to many local businesses including bars, restaurants and office spaces.

The Landlord is open to discussions around a variety of commercial proposition. Dependent upon the chosen business solution the estimated construction costs will be in the region of £750,000 to £1million.

The local area is home to a number of education establishments. Students add to the local business community to generate a busy, vibrant area with plenty of local footfall.
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