Ladywood Middleway, BIRMINGHAM, West Midlands

A Commercial Property For Sale in BIRMINGHAM

Offers in excess of, £1,300,000

POTENTIAL RE-DEVELOPMENT OPPORTUNITY Offered for sale is this detached former NHS building situated on Ladywood Middleway very close to Birmingham City Centre and The Jewellery Quarter. The property stands on a plot size approx. 0.5 of an acre. The building has a NIA of approx. 621 sq/mtrs and there is the further benefit of external accommodation, being the portocabin section, being of 181 sq/mtrs. The site benefits from a large forecourt area to the front and a secure gated rear carpark with 16 car parking spaces. The property has undergone a partiall conversion to form a private clinic/day care centre together with residential rooms however there is vast potential for conversion/re-development of the entire site (subject to planning approval)

Features

Location

The property is situated on the western side of Ladywood Middleway and benefits from having a large frontage along with excellent rear access from Springfield Street.

The property is in an excellent position close to Birmingham City. There are good local amenities and transport links with Jewellrey Quarter Train Station being 0.7 mile away and Birmingham New Street only 1.1 mile away.

Description

Built in 1934 the property is the former 'Ladywood Middleway Health Centre' with a large frontage measuring approx. 32.2 sq/mtrs facing Ladywood Middleway, two rear wing sections and a portocabin addition built in 2002.
The total site area is 0.5 acre with the main building comprising multiple entrances, hallways and rooms over three floors giving a total of 621 sq/mtrs. The portocabin structure has a further 181 sq/mtrs and is currently set up as a private clinic for six specialities including dental surgery, eye clinic optician, physiotherapy and acupuncture, orthopaedic, neurology and psychiatrist and has its own access to the rear car park. Total internal and external (portocabin) area is 803 sq/mtrs.
The site has a large secure car park to the rear accessed of Springfield Street with space for 16 vehicles.

Current Use

The current owners have started a schedule of works to develop the site into a day care centre (portocabin section) with residential care facility (main building) however the this has only been partially completed. (Any interested parties must satisfy themselves of the quality and validity of any works already carried out prior to entering into any contract to purchase)

Birmingham Council have recently granted the building change of use from D1(non residential institution) to C2 (residential with existing portable building remaining D1)

Potential Re-Development

The site has great potential for any purchaser to carry on with the current schedule and plans for the care home/day centre.

However, there is huge potential for re-development of this entire site. The property stands on a 0.5 acre plot in B1 Birmingham Central postcode situated very close to train stations and Birmingham City Centre making a potential re-development to fully residential apartments and/or houses a very attractive proposition.

**PLEASE NOTE THE OWNERS HAVE NOT SOUGHT PLANNING PERMISSION FOR RE-DEVELOPMENT OF THIS SITE AND DO NOT INTEND TO DO SO. ANY INTERESTED PARTIES WISHING TO ENTER INTO NEGOTIATIONS FOR PURCHASE MUST SATISFY THEMSELVES THAT THEY ARE ABLE TO GAIN ANY PERMSSIONS REQUIRED BY THERE OWN COMMUNICATIONS WITH THE LOCAL COUNCIL, SURVEYOR AND/OR SOLICITOR.




Tenure

The property is being offered Freehold. Bloore and King would stress that we have not sought to verify the status of the tenure. Any interested party must verify this with their solicitor.


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