Zara’s, 80 Broad Street, Birmingham, B15 1AU

FOR SALE BY INSTRUCTION OF THE LPA RECEIVER

Property details

Type Land/Development, Leisure / Mixed Use
Tenure We understand the property is held on a Freehold basis.
Size 13,277 Sq. Ft. (1,234 Sq. M)
Price Offers Invited
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Features
  • Prime City Centre Redevelopment opportunity
  • Site extends to 0.4 acres (0.16 Ha) or thereabouts
  • The existing building comprises a GIA of 13,277 sq. ft. (1,234 sq. m)
  • Freehold Grade II listed former nightclub & Orthopaedic Hospital
  • Offers invited for the Freehold interest with vacant possession
Location
The property occupies a prominent location at the junction of Sheepcote Street and Broad Street, a long established leisure and night-time destination in Birmingham City Centre. The property lies approximately 0.75 miles west of the central business district and nearby occupiers include Walkabout, Wetherspoons and All Bar One, with Brindley Place being less than a two minute walk . Broad Street provides access to the A38, providing further access to Junction 6 of the M6 in the north, which is approximately 4 miles away, and access to Junction 1 of the M42 motorway, being 10 miles south of the property.
Description

80 Broad Street comprises a detached three storey Grade II listed former nightclub which was historically built as The Royal Orthopaedic Hospital. The property extends to a total of 13,277 sq. ft ( 1,234 sq m) and is constructed of a mix of rendered and exposed brick elevations and singles glazed sash windows, all surmounted by a mix of mono pitched slate tiled roofs and flat felt roofs. The property benefits from access via both Broad Street and Sheepcote Street.

Accommodation
Ground Floor – Comprising a main nightclub and bar area extending to a GIA of 5,995 sq. ft. (557.2 sq m).
First Floor – Accessed via the main internal stair way or the entrance off Sheepcote Street, there is a former VIP area with individual booth seating split across two rooms, in addition to a large bar, security room, kitchen, beer cellar, toilets, staff rooms , and stores. There is also a further stairway providing access to the second floor.
Second Floor – Comprising a partially renovated two bedroom ‘managers’ flat.
There is also a basement to the property , previously utilised as an office.
Planning
The site falls under the jurisdiction of Birmingham City Council and lies within the local ‘growth area’ as identified in the Birmingham Development Plan policy GA1. The site is considered suitable for a variety of uses, subject to obtaining the necessary consent(s), and further enquires can be made direct to the planning authority on 0121 303 1115.
VAT
The property has not been elected for VAT.
Proposal
Offers are invited on an unconditional basis, for the Freehold title with vacant possession.
Business Rates
The property has a rateable value of £110,000.
EPC
Upon Request.
Anti Money Laundering
In accordance with Anti-Money Laundering Regulations, two forms of identity and confirmation of the source of funding will be required from the successful purchaser.
Additional Information
DATA ROOM AND FURTHER INFORMATION
Please contact the joint selling agents Bond Wolfe or Sanderson Weatherall for access to the data room and any additional information. On site viewings are strictly by prior appointment only.