For Sale - Freehold Development Opportunity
Description
This prime 3.7 acre (1.5 hectares) site offers a largely level plot on which there are a range of office and industrial buildings. It is currently occupied by Birmingham City Council who intend to vacate the site from September 2026.
The site is secure with perimeter fencing / walls around the boundary together with two gated access points from Kings Road. The site is surfaced with a variety of concrete and tarmac and benefits from floodlighting to much of the perimeter.
The buildings that occupy on the site provide a range of accommodation and specifications. This includes a main office premises subdivided in to a range of smaller rooms and open plan sections together with associated welfare facilities.
There is a separate storage unit which is assessable via 6 level access doors. Further buildings house a range of basic stores and offices. Interested parties are recommended to inspect the premises fully given the varying levels of dilapidation seen across the buildings.
Terms
Both conditional an unconditional offers for the freehold interest will be considered. The property will be sold via an informal tender process.
Bids are invited by 1200 on Thursday 12 March. Bids should be outlined on the Bid Proforma (available by request) and sent directly to the
Savills agents listed below.
Services
We are advised that all usual mains services are connected to the property but strongly advise interested parties to make their own enquiries. No services have been tested at this stage.
Rateable Value
Available upon request.
EPC
EPCs for the respective buildings on the site are available by request and range
between C and E ratings.
Planning
Interested parties are advised to make their own planning enquiries in order to satisfy any queries. This includes those wishing to pursue alternative
uses such as redevelopment for a range of employment uses or open storage.
Flood Risk
The property sits within Flood Zone 1.
VAT
Any price paid will be subject to VAT at the prevailing rate.
Sellers Costs
A purchaser will be required to cover the vendors reasonable costs associated with the sale.
Money Laundering
Purchasers will be required to comply with all AML requirements and requests from the vendor and their representatives.
C-E