£2,150,000
(£129.74/sq. ft)
Office for sale24 Livery Street, Birmingham B3
16,572 sq. ft
Freehold
About this property
Freehold Office Building
Vacant Possession
16,572 sq ft (NIA)
Prime Birmingham Central Business District
Opposite Snow Hill Station
Refurbishment & Asset Management Opportunity
Potential Alternative Use Potential (STPP)
Low Capital Value of £129 per sq ft
Description
The property comprises a purpose-built office building constructed in the early 1990s and occupied by unison throughout its ownership.
Arranged over seven floors from lower ground to fifth floor level beneath a tiled mansard roof, the building is of brick construction with
concrete panelled elevations and aluminium Crittall-style windows.
Internally, the accommodation provides functional office space throughout and benefits from:
• Passenger lift
• Air conditioning
• Raised access floors
• Suspended ceilings
• Gas-fired central heating
• Perimeter trunking
• Carpeted floor finishes
Whilst the offices provide functional accommodation, the building has not been refurbished in a number of years and would benefit from undergoing a full refurbishment and upgrade of the mechanical and engineering services.
Location
24 Livery Street is situated within Birmingham’s premier commercial district, immediately adjacent to Colmore Row and directly opposite Snow Hill Station.
The surrounding area is home to a significant concentration of professional and financial services occupiers, alongside an excellent range of amenities including cafés, restaurants, hotels and leisure facilities.
Terms
Offers in the region of £2,150,000
Asset Management Opportunity
The property offers significant scope for refurbishment and repositioning.
Given the continuing demand for high-quality office accommodation within Birmingham city centre, the building provides an opportunity to create a contemporary workspace capable of attracting modern occupiers seeking best-in class accommodation.
Alternative uses may also be worthy of consideration, including residential, hotel or other mixed-use redevelopment, subject to obtaining the necessary planning consents.
The property comprises a purpose-built office building constructed in the early 1990s and occupied by unison throughout its ownership.
Arranged over seven floors from lower ground to fifth floor level beneath a tiled mansard roof, the building is of brick construction with
concrete panelled elevations and aluminium Crittall-style windows.
Internally, the accommodation provides functional office space throughout and benefits from:
• Passenger lift
• Air conditioning
• Raised access floors
• Suspended ceilings
• Gas-fired central heating
• Perimeter trunking
• Carpeted floor finishes
Whilst the offices provide functional accommodation, the building has not been refurbished in a number of years and would benefit from undergoing a full refurbishment and upgrade of the mechanical and engineering services.
Location
24 Livery Street is situated within Birmingham’s premier commercial district, immediately adjacent to Colmore Row and directly opposite Snow Hill Station.
The surrounding area is home to a significant concentration of professional and financial services occupiers, alongside an excellent range of amenities including cafés, restaurants, hotels and leisure facilities.
Terms
Offers in the region of £2,150,000
Asset Management Opportunity
The property offers significant scope for refurbishment and repositioning.
Given the continuing demand for high-quality office accommodation within Birmingham city centre, the building provides an opportunity to create a contemporary workspace capable of attracting modern occupiers seeking best-in class accommodation.
Alternative uses may also be worthy of consideration, including residential, hotel or other mixed-use redevelopment, subject to obtaining the necessary planning consents.
Mortgage calculator
Monthly repayment
£10,755 per month
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