Prominent Jewellery Quarter Gateway Sitewith
Total Page:16
File Type:pdf, Size:1020Kb
PROMINENT JEWELLERY QUARTER GATEWAY SITE WITH DEVELOPMENT POTENTIAL (STP) LAND AT 20 PARADE SUMMER HILL BIRMINGHAM B1 3QJ PROPERTY REF: avisonyoung.co.uk/15671 HIGHLIGHTS New 250 year long leasehold opportunity Former Sytner BMW New & Used Car Dealerships Site extending to 2.6 acres (1.06 hectares) gross Residential development potential subject to obtaining the necessary planning consents Unconditional offers invited for the freehold interest Avison Young | 3 Brindleyplace | Birmingham | B1 2JB LAND AT 20 PARADE | SUMMER HILL | BIRMINGHAM | B13QJ LOCATION The property is located in an area of Birmingham’s The Pugin-Hardman enterprise produced objects (22 minutes’ walk) offering connections to London City Centre known as the Jewellery Quarter, which including the Reliquary Cross for Erdington Abbey (1 hour 25 minutes’ duration), Manchester (1 hour lies to the north-west in around 1848 and, at the beginning of 1851, Pugin 27 minutes’ duration) and Liverpool (1 hour 40 JEWELLERY QUARTER of the core of the City and Hardman selected a number of their works for minutes’ duration). The property is also located Centre. The property the Great Exhibition at London’s Crystal Palace. approximately 0.5 miles or 10 minutes’ walk from the Jewellery Quarter Station.The property is also prominently occupies a ‘gateway’ position into The property is surrounded predominantly by located approximately 0.5 miles or 10 minutes’ walk the Jewellery Quarter fronting Summer Hill Road, a mix of residential, commercial and university from the Jewellery Quarter Station. Sand Pits, Camden Street and Newhall Hill. uses and is located a short walk from City Centre The site has an exceptional place in the history of amenities in the local surrounding area including Junction 6 of the M6 Motorway at the intersection the Jewellery Quarter as well as influencing stained Brindleyplace, Paradise, Birmingham Library, with the A38M is located approximately 3.5 miles glass around the world. The family firm of John The Bullring and The Mailbox. distant and Junctions 2 and 3 of the M5 Motorway are located approximately 6.5 miles distant via the Hardman & Co previously based on the site had Nearby mainline rail travel can be accessed at A457 Birmingham Road or A456 Quinton Expressway. its heyday in the Victorian period, largely through Snow Hill Station (12 minutes’ walk), New Street its collaboration with the architect Augustine Pugin. Station (15 minutes’ walk) and Moor Street Station Avison Young | 3 Brindleyplace | Birmingham | B1 2JB LAND AT 20 PARADE | SUMMER HILL | BIRMINGHAM | B13QJ LOCATION 1 THE PROPERTY 12 GRAND CENTRAL NEW STREET STATION 2 JEWELLERY QUARTER STATION 13 PARADISE CIRCUS 3 THE CHAMBERLAIN CLOCK 14 ALPHA TOWER 4 ST PAUL’S SQUARE 15 THE MAILBOX 5 BT TOWER 16 LIBRARY OF BIRMINGHAM 6 SNOWHILL STATION 17 CENTENARY SQUARE 7 ST PHILIPS CATHEDRAL & COLMORE ROW 18 THE CUBE 8 BIRMINGHAM MUSEUM 19 BIRMINGHAM SYMPHONY HALL, THE REP & ICC BIRMINGHAM 9 THE ROTUNDA 20 BRINDLEYPLACE & IKON GALLERY 10 THE BULL RING 21 ARENA BIRMINGHAM 11 BIRMINGHAM TOWN HALL 5 9 10 14 15 18 6 13 4 7 2 20 3 8 21 11 12 16 17 19 THE PROPERTY 1 1 Avison Young | 3 Brindleyplace | Birmingham | B1 2JB LAND AT 20 PARADE | SUMMER HILL | BIRMINGHAM | B13QJ DESCRIPTION The property comprises two separate plots bisected by Camden Street which CAMDEN STREET have most recently been occupied by new and used car dealerships and now consist of vacant existing showroom buildings together with hardstanding car parking. The former new car showroom premises is situated to the east of Camden Street and measures approximately 1.62 acres (0.66 ha) and the former used car showroom premises is located to the west of Camden Street measuring approximately 0.98 acres (0.4 ha). The boundary of the full extent of the property is delineated in white on the enclosed site plan which illustrates the combined total of approximately 2.6 acres (1.06 ha) gross. Approximate boundaries for identification purposes only. Avison Young | 3 Brindleyplace | Birmingham | B1 2JB LAND AT 20 PARADE | SUMMER HILL | BIRMINGHAM | B13QJ One pre-application meeting has been undertaken and PLANNING we summarise the consultation feedback as follows: Consequently, although the site is located in the A Pre-Application Meeting took place with Officers Conservation Area, it is adjacent to the boundary from Birmingham City Council (BCC) on 7 October and faces outwards from it. In this sense, the site 2020 following the submission of a pre-application occupies a location that is a ‘gateway’ into the submission. The submitted scheme provided an Jewellery Quarter and the conservation area indicative density of 458 units with associated amenity, from Sand Pits/Summer Hill Road. circulation and active ground floor uses. Officers were content with the principle of the proposed scheme To support the management of the Conservation and see the merit of regeneration and improvement Area, BCC has prepared a Character Appraisal and of the existing buildings on the site. Residential use is Management Plan (JQCAMP), which dates to 2002. acceptable although Officers would expect to see an The JQCAMP breaks the Jewellery Quarter into element of commercial/non-residential floorspace different localities. It confirms that the site is in included in the proposals which could be delivered a locality known as the Industrial Fringe. at ground floor. The JQCAMP describes the Industrial Fringe as an In relation to scale, Officers advised that 4 storeys would area “fragmented by large post-war industrial The property is within the jurisdiction of Birmingham be consistent with the Jewellery Quarter Conservation developments.” It specifically identifies the site and City Council (BCC) and has no extant alternative Area, but that, in certain circumstances, it would describes it as, “alien to the character of the Quarter”. planning permission(s). possible to justify 6 storeys and in Officers’ view there Additionally, the JQCAMP confirms that both Camden are opportunities to achieve this on this site. However, BCC’s statutory development plan, The Birmingham Street and Newhall Hill, at their respective junctions Officers stated that they felt it very unlikely they could with Sand Pits, offer ‘Principal View Points’ of the Development Plan (‘BDP’) promotes growth in the support any more than 6 storeys. Jewellery Quarter, stating that the focus will be on, Conservation Area. Officers provided general support for the proposed “creating an urban The Vendors have undertaken significant technical due layout and configuration. BCC were open-minded URBAN VILLAGE village supporting diligence to support the potential alternative residential regarding the treatment of the boundary with the area’s unique use. The information will be made available to interested heritage with the introduction of an appropriate mix purchasers for consideration on the dedicated technical 3 Summerhill Terrace and whether development should of uses and radically improved connections to the City data room. maintain the historic building line or ‘open up’ views of Centre Core”. the Listed Building. Officers also stated that they would Whilst it is understood that our clients do not intend support a scheme providing nil car parking provision. The Jewellery Quarter is also designated as a to submit a planning application at this juncture, Conservation Area; the boundary of the Conservation indicative plans have been commissioned to illustrate Avison Young are currently preparing a revised scheme Area (and of the Quarter generally) in this location is potential massing on the site and form the basis of pre- to deal with the comments of Officers and are preparing formed by Sand Pits/Summer Hill Road. application discussions with the local planning authority. for a second pre-application meeting. Avison Young | 3 Brindleyplace | Birmingham | B1 2JB LAND AT 20 PARADE | SUMMER HILL | BIRMINGHAM | B13QJ METHOD OF SALE Please be advised that plans, drawings and other Offers on a conditional basis should include details TECHNICAL DATA ROOM information on the data site are protected by copyright, of the conditions to be discharged together with patent and warranty laws. The information provided details of the timescales, scheme proposals (for Further information in respect of the property should be used for consultations and illustrative bids on a subject to planning basis) and further is available in the dedicated technical data site purposes only. Therefore no reliance should be details of the purchasing company. available via the Avison Young website: placed on the information or further copies made without the permission of the copyright owner. Offers are to be submitted using the bid proforma twentyparadebirmingham.avisonyoung.co.uk that is available within the data room together with The technical data room has been compiled by BASIS OF OFFERS any supporting information to the selling agents Avison Young in their capacity as advisers to the The Vendors have a strong preference for a sale [email protected] Vendors. This has been compiled from information of the long leasehold interest in the entire property and [email protected] supplied by the Vendors and information available on an unconditional basis. Conditional offers may Interested parties are permitted to submit an offer in the public domain. The technical information is also be considered. All offers whether on a conditional on more than one basis. provided solely for use by recipients in considering or unconditional basis should be supported by their interest in submitting an offer for the acquisition satisfactory proof of funds and timescales for exchange Our client reserves the right not to accept the highest of all or any part of the Property. and completion. or any offer received. Avison Young | 3 Brindleyplace | Birmingham | B1 2JB LAND AT 20 PARADE | SUMMER HILL | BIRMINGHAM | B13QJ TENURE & SERVICES TENURE SERVICES VAT The property is to be sold in its current Prospective purchasers must satisfy All offers are to be exclusive of VAT which condition with the benefit of a new 250 year themselves in respect of the provision, may apply.