£25.650.000
Confirmation
Mixed-use Trophy Asset in the Heart of Birmingham
Birmingham, United Kingdom
88%
Mixed use
#34304
Core+
28 Oct 2024
Property Details
Broker
Sold
27,072 sq.ft.
2,515 m²Leasable area
947 £/sq.ft.
10,198 £/m²8.00 %
5
Leasehold
191
X
Fees
Investment Overview
The property comprises four highly prominent retail units extending to 27,072 sq ft, a landmark 140 bedroom hotel, rooftop telecoms and 37 basement car parking spaces. A centrally located, mixed-use hotel and retail investment. Five tenants with 97% of income secured to ‘5A1’ and ‘5A2’ covenants including HSBC, Premier Inn, McDonald’s and Greggs. WAULT of 11.08 years to expiry and 8.29 years break.
Interested? Here are the next steps to get more
information and to proceed with our automated deal flow.
View fact sheet
Ask questions (Q&A)
Submit interest to vendor
X
Register free to view information or send a message
