Land for sale

Land At New Bond Street, Birmingham, West Midlands, B9 4EJ


POA
142,623 ft²

Features

  • And up to 2,289 sqm commercial
  • Freehold Site area extending to 1.325 ha (3.281 acres) Gross
  • Informal tender deadline extended to 1.00pm on Friday 3 December 2021
  • Outline application submitted for up to 762 dwellings

Description

The site is made up of two distinct parcels lying to the east and west of New Bond Street and extending to approximately 1.325 ha (3.281 acres) gross. The eastern parcel is bounded by New Bond Street, Adderley Street and the Middleway/Bordesley Circus. The western parcel is bounded by New Bond Street, Adderley Street, Coventry Road and benefits from a significant frontage to the Grand Union Canal. It is anticipated that both parcels will be cleared to slab level by the end of 2021.



The property is to be sold freehold with vacant possession and subject to all third part rights, easements and statutory designations currently passing. Prospective purchasers must satisfy themselves in this regard.



Location Highlights



The opportunity is located within the historic Digbeth neighbourhood within the Birmingham City Centre boundary, a short distance to the east of the City Centre Core. While the area has a rich heritage rooted in trade, industry and craft it is also the focus for significant growth and change. Which is considered to represent a great opportunity to set the tone/precedent for this area of the city.



The site sits within the designated Curzon Street Masterplan area which is the focus for major ongoing investment in the location. The Masterplan is centred around the new HS2 Curzon Street station which is approximately 0.5 miles from the site. The site is also within easy reach of the extension to the Metro to Digbeth High Street (approximately 500m distant), the universities' cluster emerging to the north and the wide mix of schemes at various stages of the development process within the immediate vicinity.



The site is well positioned for access to the varied facilities available within Digbeth, including the Custard Factory and the comprehensive facilities available within Birmingham City Centre. It also benefits from direct access to the ring road and in turn the A45, A/M38 and the M6 Motorway.



Specification



We understand that all mains services are available to the property with additional information available on the data site. However, prospective purchasers must satisfy themselves as to the location and capacity of services.



Services and Planning



An outline planning application has been submitted, Ref. App. No. 2021/02919/PA, for a residential led mixed use scheme of up to 762 units, up to 2,289 sqm (24,639 sq ft) GEA of commercial floorspace (Use Classes E and/or F1, and/or drinking establishments) and associated public realm works.



Planning approval is anticipated in the near future subject to finalising an accompanying S.106 Agreement. There will be a requirement to deliver 35% affordable housing. CIL is not chargeable in the location.

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Land
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Property reference
AV6747111_110465