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Development Opportunity - 0.35 acres, Kent Street Car Park, Birmingham, B5 6RD

0.35 acres / Land

Withdrawn - Last updated: 26 January 2022

• Car park with potential for residential, student, hotel or retail development (STP).
• Rare Freehold interest available.
• Prime development opportunity in the Southside District of Birmingham.
• Sold-out Seven Capital development of 141 no. 1 to 2-bedroom apartments immediately adjacent to the site.
• 0.4 miles from the City Centre and 0.6 miles from New Street Station.
• Site extends to 0.35 acres (0.14 hectares).
• Feasibility document available demonstrating potential for 80+ apartments over 6/7 storeys (subject to planning).
• Access to the Data Room containing technical information is available on request.

The property is a trapezium-shaped site which is currently used as a car park. It comprises approximately 0.35 acres (0.14 ha), providing 56 parking spaces, accessed via Kent Street.

The property is let as a car park on an expired lease. The site will be sold with vacant possession.

Location

The property is well located in the heart of Birmingham’s Southside District. It is on the corner of Gooch Street North and Kent Street, 0.4 miles from the City Centre and 0.6 miles from New Street Station.

The property is located in a mixed-use area, mainly surrounded by other residential
accommodation, local amenities, restaurants and bars.

Immediately adjacent to the site, is a Seven Capital development of 141 no. 1 to 2-bedroom apartments which has now fully sold.

Terms

Price upon application. Offers on an unconditional and subject to planning basis are to be considered.

Rates
Rateable value £XXX

Specification

Amenities
- Potential for residential, student, hotel or retail development (subject to planning)
- Prime development opportunity in the Southside District of Birmingham
- Sold-out Seven Capital development of 141 no.1 to 2-bedroom apartments immediately adjacent to the site
- 0.4 miles from the City Centre and 0.6 miles from New Street Station
- Feasibility document available demonstrating potential for 80+ apartments over 6/7 storeys (subject to planning)


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