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Download the Sales Brochure A Rare High Profile CBD Refurbishment Opportunity 31 Temple Street | Birmingham B2 5BD INVESTMENT SUMMARY ► High profile freehold office re-positioning opportunity, offering a unique full redevelopment in the heart of Birmingham’s Central Business District ► The building is fully stripped out offering a ‘blank canvas’ opportunity to deliver a new best in class office redevelopment with a ground floor commercial unit. ► Fronting Temple Street, in close proximity to New Street Station ► Proposed redevelopment to provide 5,286 sq m (56,895 sq ft) of office and ground floor commercial accommodation, arranged over ground, six upper floors, lower ground and two basement car parking levels ► Flexible floorplates from 6,964 - 9,084 sq ft offering a range of suite sizes to capture growing occupier demand in Birmingham ► 36 secure basement car parking spaces at a generous city centre ratio of 1:1,580 sq ft ► Full planning has been granted under application number 2020/03196/PA for the comprehensive refurbishment and reconfiguration of the building ► Freehold ► Prime headline rents in Birmingham currently stand at £37.00 per sq ft against a backdrop of Grade A supply of just 285,000 sq ft. This equates to enough supply to meet the demand for just over half a year’s average Grade A take-up. This is the lowest level of supply of Grade A space on We are instructed to seek offers in excess of£15,000,000 (Fifteen Million Pounds) which record offering excellent scope for further rental reflects a low capital value of £263 per sq ft. growth. Birmingham is the UK’s second city and is the geographical heart of the country; two major reasons why it continues to attract numerous businesses, professionals, birmingham tourists and students alongside huge investment from a worldwide audience. A Truly Global City Birmingham benefits from Birmingham is home to Birmingham has the largest Gross Value Added of UNRIVALLED 5 RENOWNED PROFESSIONAL £28.1bn INFRASTRUCTURE making Birmingham one of the strongest UNIVERSITIES SERVICES regional economies within Europe INVESTMENT and 65,000 HUB OUTSIDE OF alongside several large regeneration projects that continue to change the STUDENTS LONDON with over Birmingham will host the face of this vibrant city 100,000 employed in the city 2022 COMMONWEALTH GAMES 45.7% of people are under the age of Population of 30 making Birmingham Europe’s youngest city 1.1M birmingham A Truly Global City Three national Railway Stations with Birmingham New Street Station has Over 49 MINUTE HS2’S 47.9m 700 TRAVEL TIME TO CURZON STREET PASSENGERS INTERNATIONAL LONDON STATION DUE TO TRAVELLING THROUGH BUSINESSES (HS2) BE COMPLETED BY THE STATION in the city 2026 ANNUALLY Home to over £56bn 75,000 to be invested into HS2 in the city COMPANIES with 26,000 jobs created M90 EDINBURGH Location & Connectivity GLASGOW AIRPORT M8 EDINBURGH Map Key Birmingham is the regional capital of the West Midlands and is the UK’s second M77 Motorways city, strategically located approximately 117 miles north of London and 70 miles M74 Railway Lines south of Manchester. HS2 Phase One NEWCASTLE UPON TYNE HS2 Phase Two E Air Routes D The city is at the heart of the national motorway network located at the I N B U R junction of the M6, M5 and M42 motorways, which in turn provide access G H M6 BEL FA ST to the M1, M40 and M54. INTERNATIONAL AIRPORT A1(M) Darlington Birmingham is served by three principal railway stations, New Street, Snow Hill and Moor Street, providing direct regional, local and national services. B EL FA S T The development of HS2 will deliver Curzon Street Station, a 4th state of LEEDS Hull Preston NE the art station to the city that already has the highest number of railway W Y ORK commuters outside of London. M62 DUBLIN AIRPORT LIVERPOOL MANCHESTER LIVERPOOL D AIRPORT M6 UB M1 Birmingham New Street Station serves the West Coast Mainline linking LIN Birmingham to London, Manchester, Leeds, Edinburgh and Glasgow whilst Snow Hill and Moor Street stations provide regular services to a variety EAST MIDLANDS AIRPORT Norwich of destinations including Solihull, Leamington Spa, Warwick and London Leicester M6 Marylebone. BIRMINGHAM BIRMINGHAM AIRPORT M42 COVENTRY Cambridge AIRPORT M1 Birmingham Airport is the UK’s third busiest airport outside London, located M5 M40 STANSTEAD DU just east of Birmingham city centre off the M42 motorway and accessible AIRPORT BA LUTON I AIRPORT in less than 10 minutes by rail from New Street Station. The airport offers M25 M4 Swindon Swansea direct flights to the Far East and West Coast of America with over 50 M4 LONDON CARDIFF CITY AIRPORT BRISTOL HEATHROW airlines travelling to 143 destinations daily and carried just under 13 million AIRPORT M25 M26 passengers during 2019. M3 M23 GATWICK Folkestone AIRPORT SOUTHAMPTON The West Midlands Metro tram system currently links the west of Birmingham M5 Exeter G B E to the city centre. Starting in Wolverhampton the route passes through the A N R P E A C V R E A I L S Black Country area before travelling into the city centre and New Street O Plymouth N A Station. An additional extension linking the station with Broad Street, with a stop outside Arena Central, opened in 2019 and from 2021 the line will run along Broad Street and terminate at Edgbaston opposite New Garden Square. This will further enhance cross city connectivity and expand the boundaries for the city’s traditional business district. Birmingham Airport 15 mins 7 miles London 1 hr 23 mins Manchester 1 hr 40 mins 70 miles London via HS2 (in 2026) 49 mins Birmingham is one of the few European cities to be truly multi-modal benefitting from Tram, Rail, Air and Vehicle connectivity all combining London 2 hrs 10 mins 117 miles Manchester 1 hr 29 mins through a number of key infrastructure hubs. Edinburgh 5 hrs 245 miles QUEENSWA LANCASTER DS Y AH CIRCUS C ST ST PAUL’S SQUARE LI V ER S ASTON Situation Y STR N LUDGAT OW J UNIVERSITY A A M NEWHALL STREET E H L E ILL E E S HILL T T The property occupies a very central position on Temple Street, between New Street to E Q W . HOUSE A L RE E T D A SNOW HILL ST T O the south and Temple Row to the north. Temple Street forms an important link as the STE D COLMORE N Q R SWAY A O I U SO EN CIRCUS NR E E AT E S E major commuter route between Birmingham’s northern end of the traditional office QUEENSWAY R N QU C N EN H O E TE STREET MARY ANN STRE ET S N ET U P W NJ OT R R A E CH O Y J MILLENNIUM core, located around St Philips cathedral and New Street Station. The passing footfall C S T POINT CHARL R ES ST RE EE LIONEL STREET RL T using Temple Street has meant that it has become a vibrant and popular location for B ULL CHA THE P EET ST RIORY QU restaurant/leisure occupiers including The Ivy, Oyster Club, Las Iguanas, Revolucion R GREAT EE ST OW NSW ND E R AY de Cuba, Flight Club, San Carlo and Fumo all located within close proximity to the ORE ROWST PHILI PS PL M EM EDMU T ND SQUARE E COL EASTSIDE property. CITY PARK PARADISE DALE ST CIRCUS OO T FAZ S STREET TERL ELEY STRE Temple Street also represents a core office location within Birmingham. Buildings such WA N IO QUEENSWAY ET LE N ST VICTORIA O T N ST A T as Cheltenham House, Somerset House and 10 Temple Street are all adjacent to the SQUARE EMP ORAT C T OR STREE AL S ST CENTENARY NEW CORP MO K PI ST H property and are established and popular office buildings with a variety of high-profile H RE R E N T SQUARE I FOL A L CAN P L HIG W D S S TEPHENSO E corporate occupiers. ST T N REET N S T MOOR STREET BO R D E S L EY BR T S S TR I E D ION E T T S A GRAND CENTRAL GE U IG FFOLK AV T N SHOPPING CENTRE E S ST BULLRING T E tenure RE DAY SHOPPING CENTRE R LI NEW STREET ET ST ST HOL H N Q E U I IL Freehold. E D E L E ST Y N DI R A E S R G WA W B EET M S M E T Y O TH S N A N E T R E LAN VE U THE MAILBOX E Q S K T E T OO AN S DIG E BET TE S PERS D H A LLBR R G PE BU SMA P U OOD T H BIRMINGHAM L E LCH H F OE STREE TRE UR COACH STATION S H L E S I A R HOLLOWAY GH T THE CUBE ST ST ST CIRCUS DERITEND R BR COMMERCI EE T ADFORD T STR HEAD ST EET E OWAY HOLL OMSGROV BR 6 4 7 5 13 8 3 9 1 2 10 11 12 1 New Street 7 Paradise Oce Station Development 2 Bullring 8 Colmore Row 3 Grand 9 Snow Hill Central Station 4 Mailbox 10 Selfridges 5 Platform 11 Moor Street 21 Station 31 Temple 12 HS2 Birmingham Street Curzon 6 Brindley 13 New Street Place Description 31 Temple Street was constructed in the mid-20th century and underwent a major refurbishment in the late 1990s.
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