Overview
- Investment
Description
Location
The site comprises a 0.55 acre, tarmacced car park with approximately 69 parking spaces. The site is secure with a mix of palisade and wooden fencing with a palisade gate fronting The Crescent.
The property ia currently used as a car park, under planning consent 2009/04798/PA. Upon lease expiry it could be suitable for redevelopment, subject to obtaining the neccessary planning consent. The site is located within the Hockley Growth Zone (GZ14 - Hockley and Soho Hill), where growth and development would be supported in principle.
Summary
Key points
- Rare opportunity to purchase.
- Currently used as a car park.
- Passing rent of £26,950 per annum, exclusive.
- Lease expiry in 2031.
- Suitable for redevelopement upon lease expiry.
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Corner Of Whitmore Street & The Crescent, Birmingham, B18 5LU
Contact Information
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- Lambert Smith Hampton
