Louisa Ryland House, Birmingham, B3 3PL
Ref No. 7248
For Sale

Location Louisa Ryland House, 44 Newhall Street, Birmingham, B3 3PL, , West Midlands
Louisa Ryland House occupies a highly prominent position within Birmingham’s Central Business District. The property is situated fronting onto Newhall Street, Edmund Street and Cornwall Street. The property’s position is 100% prime lying just to the south of Colmore Row within the traditional office core. Victoria Square, Birmingham’s civic heart, is 100m south-west and both Snow Hill Railway Station and New Street Railway Station are within a 5-10 minute walk from the property, being located 300m and 450m distant respectively. The recent completion of the Birmingham Metro Line now links these two stations. The property is situated within Colmore Business District, a business improvement district established to project manage improvements and services to the central business quarter of Birmingham. The Colmore Business District (CBD) area is Birmingham’s premier concentration of professional and business service companies, with around 500 companies located in the District, employing up to 35,000 people and encompassing approximately 520,240 sq m (5.6 million sq ft) of office space

Size 80459.00 ft2
(7474.89 m2)

Description Louisa Ryland House offers an opportunity for conversion to a hotel or serviced apartment use, subject to the receipt of planning

Availability

The existing property comprises three distinct but interconnected office buildings that offer a combined total of 80,459 sq ft of office accommodation, inclusive of 7,840 sq ft at basement level. Originally built between 1879 and 1883 the combined buildings comprise:


• 44-46 Newhall Street (formerly known as Board of Guardians Office)
• 96 Edmund Street (formerly known as Empire House)
• 98 Edmund Street (formerly known as School Board Offices)


The buildings were substantially rebuilt and amalgamated to provide a single integrated floor plate in 1985. These works involved retaining the Grade II listed façade whilst a new steel frame was installed behind. The amalgamated property has an L-shaped floor plate with an internal courtyard filling the remaining area as part of a rectangular shaped site.
44-46 Newhall Street extends across basement, ground and four upper floors with the fifth floor solely providing plant space whilst 96 and 98 Edmund Street are arranged over ground and five upper floors. Again, the sixth floor is reserved for plant. Within 44-46 Newhall Street the basement level is arranged as storage accommodation.

Terms

Long leasehold from Birmingham City Council for a term of 150 years, expiring 30 March 2165. The future ground rent from a commercial scheme will be 1% of rents received, and for a future residential scheme is £300 per unit subject to 5 yearly RPI uplifts. Further information is available on request.

Property Type Hotel, Residential Use, Office

Average Weighted lease length 150

Property Contacts:

  • Gavin Wright
    +44 (0)121 270 3340
  • Richard Roberts +44 (0)121 634 6508
  • Ben Kelly +44 (0)121 270 7143
Property Location:



Disclaimer:

JLL for themselves and for the vendors or lessors of this property whose agents they are, give notice that:-
a. the particulars are set out as a general outline only for guidance and do not constitute, nor constitute part of, an offer or contract;
b. all descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are believed to be correct, but any intending purchasers, tenants or third parties should not rely on them as statements or representations of fact but satisfy themselves that they are correct by inspection or otherwise;
c. no person in the employment of JLL has any authority to make or give any representation or warranty whatever in relation to the property;
d. Any images may be computer generated.  Any photographs show only certain parts of the property as they appeared at the time they were taken.
For properties in Scotland:
e. This correspondence is expressly subject to completion of formal legal missives in accordance with Scots Law
Copyright © Jones Lang LaSalle IP Inc 2017. All rights reserved.