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For Sale Freehold Residential Development Opportunity Land at 250 Bradford Street | Digbeth | Birmingham B12 0Rg

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For Sale Freehold Residential Development Opportunity Land at 250 Bradford Street | Digbeth | Birmingham B12 0Rg CGI OF PROPOSED DEVELOPMENT FOR SALE FREEHOLD RESIDENTIAL DEVELOPMENT OPPORTUNITY LAND AT 250 BRADFORD STREET | DIGBETH | BIRMINGHAM B12 0RG 08449 02 03 04 avisonyoung.co.uk/15097 HIGHLIGHTS > FREEHOLD SITE EXTENDING TO 0.82 ACRES (0.33 HECTARES) GROSS CGI OF PROPOSED DEVELOPMENT > PLANNING PERMISSION FOR THE DEMOLITION OF THE EXISTING BUILDINGS AND ERECTION OF 130 RESIDENTIAL UNITS VARYING FROM 4 TO 8 STOREYS WITH 40 PARKING SPACES AND ASSOCIATED WORKS > APPROXIMATELY 0.5 MILES FROM BULLRING AND BIRMINGHAM CITY CENTRE AMENITIES UNCONDITIONAL OFFERS INVITED FOR THE FREEHOLD INTEREST LAND AT 250 BRADFORD STREET | DIGBETH BIRMINGHAM | B12 0RG LOCATION The property is situated in the Digbeth The site is within a short distance of Situated only 0.8 miles from the property, district of Central Birmingham, around several Ofsted rated schools, both primary the station is the busiest in the UK, outside 0.5 miles south of the Bullring and other and secondary. The property is situated in of London with more than 140,000 people city centre amenities. More specifically the heart of the local transport network. passing through daily. The property is also the property is situated at the intersection By road, the property is situated only 0.6 miles from Moor Street Station and of Bradford Street with Alcester Street and 4 miles from Junction 6 of the M6 motorway, 1.1 miles from Snow Hill Station, both can also be accessed via Green Street. 8 miles from Junction 3 of the M5 offering local stopping services. In February motorway and 9 miles from Junction 6 2017, HS2 was granted Royal Assent allowing Digbeth has a traditional industrial heritage of the M42 motorway, via excellent local phase 1 construction to begin. Journey times which is undergoing considerable residential road connections from the A4540 ring from the proposed Curzon Street station redevelopment. Surrounding uses include road, A38 and A456. In 2015, Birmingham (1.1 miles from the property) are proposed St Annes Church, residential apartment New Street Station completed a £650 million to be reduced to 49 minutes. The property schemes and various commercial properties refurbishment and offers a recognised will benefit from the additional phase of to include car repair specialists, manufacturing interchange station with peak time journey the Midland Metro Tram extension which premises and public houses. times to London of 1 hr 23 minutes. is proposed to stop at Deritend High Street. EMERGENT RESIDENTIAL AREA WITH A STRONG TRADITIONAL INDUSTRIAL HERITAGE LAND AT 250 BRADFORD STREET | DIGBETH 08449 02 03 04 BIRMINGHAM | B12 0RG avisonyoung.co.uk/15097 LOCATION 1 4 5 3 9 16 1 The Mailbox 8 2 The Hippodrome 10 3 The Cube 6 15 2 7 4 Brindleyplace and Ikon Gallery 5 Arena Birmingham 11 13 6 John Lewis & Partners 12 7 Birmingham New Street Station 14 8 Birmingham Symphony Hall, The Rep and ICC Birmingham 9 Paradise Circus 10 Birmingham Town Hall and Museum & Art Gallery 17 11 The Bull Ring 12 Selfridges 20 18 13 The Rotunda 14 Moor Street Station 15 St Philip’s Cathedral THE PROPERTY and Colmore Row 19 16 Jewellery Quarter 17 Birmingham Bus Station 18 Connaught Square 19 The Custard Factory 20 Fabrick Birmingham LAND AT 250 BRADFORD STREET | DIGBETH 08449 02 03 04 BIRMINGHAM | B12 0RG avisonyoung.co.uk/15097 BIRMINGHAM A truly global city and the second largest in the UK, Birmingham HOME OF THE will host the Commonwealth Games in 2022 and will benefit from MICHELIN improved accessibility with the delivery of HS2. STARRED 2022 RESTAURANTS COMMONWEALTH 4 GAMES RECORD YOUNGEST HOME TO YEAR CITY FOR INVESTMENT IN EUROPE WITH 75,000 No.1 IN 2017 AND COMPANIES IN THE UK FOR QUALITY 40% £120BN OF LIFE OF THE POPULATION REGIONAL ECONOMY MORE ACRES OF PARKLAND No.1 UNDER 25 [SOURCE: BOMF] THAN ANY OTHER UK CITY IN THE UK FOR [SOURCE: BOMF] [SOURCE: BOMF] INVESTMENT PROSPECTS OUTSIDE LONDON PHASE 1 OF HS2 WILL CONNECT [SOURCE: BOMF] LONDON EUSTON TO 5.8M BIRMINGHAM NEW 2017 STREET IN JUST PEOPLE IN THE WAS THE MOST SUCCESSFUL HEART OF THE MIDLANDS WEST MIDLANDS TOURISM YEAR IN HISTORY, ENGINE FOR GROWTH 49 [SOURCE: BOMF] WITH AND FIRMLY ESTABLISHED AS THE MINUTES UK’s 41.8m First FIRST VISITORS SPENDING SECOND IN THE UK FOR NEW £7.1BN BUSINESS START-UPS CLASS [SOURCE: WEST MIDLANDS CITY [SOURCE: BOMF] 4 UNIVERSITIES GROWTH COMPANY] LAND AT 250 BRADFORD STREET | DIGBETH 08449 02 03 04 BIRMINGHAM | B12 0RG avisonyoung.co.uk/15097 Garage BullDESCRIPTION Ring Trading Estate The boundary of the site is delineated in white The south western boundary borders Bradford on the adjacent site plan and is measured to Street and the south eastern boundary borders 109.4m G RE EN be approximately 0.82 acres (0.33 ha) gross. Alcester Street. The north eastern boundary S TR 2 E 0 ET 1 t o adjoins an adjacent converted apartment scheme, 2 0 The site currently comprises derelict buildings T E 6 E a commercial premises and also partly borders R T together with an open surfaced yard with S R Green Street. The north western and south western E T frontages to Bradford Street, Alcester Street 4 S 2 o E t 7 elevations also adjoin commercial premises. 1 C 107.0m L and Green Street. A three storey existing building A PH Works Works is situated at the intersection of Bradford Street The current vehicular access is available from 110.3m with Alcester Street with a secure yard adjacent Bradford Street into the existing yard and also and a further two storey building is accessed via via loading door access on Alcester Street and 1 Depot 3 Green Street. Green Street but we understand the proposed scheme to incorporate a vehicular access from The site slopes from a high point in the south 7 2 1 Green Street. s east corner at the junction of Alcester Street and k r s o k r W o W Bradford Street and levels fall across the site to the north west. 107.3m 1 g 9 n 6 i 111.6m d il u B > > > s THE SITE FROM GREEN STREET ADJACENT PREMISES EXISTING BUILDING FROM ALCESTER STREET u c a b A 2 50 109.4m 6 9 2 111.9m 46 LB 113.4m 23 S Shelters 6 t 7 R A 9 C nn e T Ch 's ur E ch E 23 R 4 B T C S T R 9 E 9 Shelter T Cherish House S E C L A Hall BR 3 A 0 1 D FO Renaissance Court 0 1 BRADFORD1 STREET IS SET IN THE HEART OF o t 0m 10m 20m 30m DIGBETH,Rea H ONCE BIRMINGHAM’S INDUSTRIAL 4 4 QUARTER, NOW A HUB OF CULTURE AND CREATIVE ENTERPRISE. LAND AT 250 BRADFORD STREET | DIGBETH 08449 02 03 04 BIRMINGHAM | B12 0RG avisonyoung.co.uk/15097 TENURE, PLANNING Tenure Planning Services The property is to be sold The property benefits from planning permission Prospective purchasers freehold in its current condition. for the demolition of the existing buildings and must satisfy themselves & SERVICES erection of 130 residential units varying from 4 in respect of the provision, The property is sold subject to to 8 storeys with 40 parking spaces and associated capacity and sustainability all third party rights, easements works in accordance with planning application of all services and drainage and statutory designations Ref 2016/08443/PA. and should rely on their own currently passing. enquiries with the relevant The planning permission is subject to a Section 106 Prospective purchasers must statutory undertakers. agreement which makes the following index make their own enquiries in linked provisions: this regard. > Public Realm Sum 1: £20,605 > Public Realm Sum 2: £61,815 CONTEMPORARY URBAN LIVING IN EUROPE’S YOUNGEST CITY. PROPOSED SOUTH WEST ELEVATION PROPOSED NORTH EAST COURTYARD ELEVATION LAND AT 250 BRADFORD STREET | DIGBETH 08449 02 03 04 BIRMINGHAM | B12 0RG avisonyoung.co.uk/15097 METHOD OF SALE Sales Information Pack Interested parties are permitted to submit an offer CGI OF PROPOSED DEVELOPMENT A Sales Information Pack is available via the on more than one basis. Offers are to be submitted Avison Young website: using the bid proforma that is available within the 250bradfordstreet.avisonyoung.co.uk data room. The technical data room has been compiled by Avison The bid proforma, together with any supporting Young in their capacity as advisers to the Vendor. This information, must be submitted to the selling agents has been compiled from information supplied by the [email protected] Vendor and information available in the public domain. and [email protected] The technical information is provided solely for use by Our client reserves the right not to accept the highest recipients in considering their interest in submitting an or any offer received. offer for the acquisition of all or any part of the Property. Please be advised that plans, drawings and other Viewing information on the data site are protected by copyright, All parties wishing to inspect the property are required patent and warranty laws. The information provided to make prior arrangements with Avison Young. should be used for consultations and illustrative Avison Young request that interested parties do not purposes only. Therefore no reliance should be placed attempt to gain access to the property outside of on the information or further copies made without the accompanied viewing inspections. We would request permission of the copyright owner. discretion in the event interested parties undertake any roadside inspections of the property. Basis of Offers The Vendor has a strong preference for a sale VAT of the freehold interest in the entire property on All offers are to be exclusive of VAT which may apply.
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