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Land for sale

Investment Sale (Freehold, Commercial & 5 Apartments) - Tennial Wharf, 21 Ludgate Hill, Jewellery Qu
£2,250,000

Our Summary

  • Residential Apartments: 5 x Two-bedroom apartmentsAll units feature contemporary interiors and have been carefully restored to enhance original features INVESTMENT HIGHLIGHTS Freehold ownership of the entire buildingFully let & income-producing from both commercial and residential elementsEstimated rental income and yield available on requestRecently refurbished interiors across all residential unitsStrong covenant on the commercial leasehold tenantOpportunity for future capital uplift in a high-demand postcodeProminent corner position with excellent visibility on Ludgate HillAccess points from both Ludgate Hill and Water StreetWalking distance to St Paul's Square, Colmore Business District & Birmingham City Centre UNIT-BY-UNIT BREAKDOWN  APARTMENT 1 - DUPLEX TWO BEDROOM (APPROX
  • FT) Kitchen/Lounge/Diner: 24'8" x 21'4" - huge open-plan zoneBedroom 1: 11'11" x 11'4"Bedroom 2: 13' x 10'8"Features: Three windows across main reception space, fantastic proportions, perfect for entertaining ADDITIONAL BUILDING HIGHLIGHTS All apartments benefit from electric heating, modern bathrooms, and bespoke window treatmentsHigh rental demand in this postcode due to proximity to Colmore Row, Brindleyplace, and St Paul's SquareIdeal for long-term investors - current ASTs in place with scope for reviewSecure communal areas, well-maintained, with minimal service demands BUYERS FEE Buyer's Fee of 1
  • Opportunity for future capital uplift in a high-demand postcode

Description

James Laurence is offering a rare opportunity to purchase the freehold interest of a unique mixed-use Victorian property in Birmingham's Jewellery Quarter. The property comprises a 4,000 sq ft canal-side bar/restaurant and five high-quality residential apartments, all of which are fully let and income-generating. The commercial premises are currently let to Maneki Ramen, a popular Japanese restaurant, while the residential apartments feature contemporary interiors and have been carefully restored to enhance original features. The property benefits from a strong covenant on the commercial leasehold tenant, and there is potential for future capital uplift in this high-demand postcode. The building is situated in a prominent corner position with excellent visibility on Ludgate Hill, and is within walking distance to St Paul's Square, Colmore Business District, and Birmingham City Centre. The apartments range in size from 778 to 1,218 sq ft and feature a mix of duplex and lateral layouts, with impressive living spaces, high ceilings, and large windows. The property also benefits from secure communal areas, well-maintained, with minimal service demands. This is a truly unique opportunity to acquire a premium, income-producing asset in one of Birmingham's most prestigious districts.