37-38 and adjacent land, Icknield Street, Hockley, Birmingham, West Midlands, B18 5AY

Property Details: • Type: Commercial Development • Tenure: FREEHOLD • Floor Area: N/A

Key Features: • Strategic position in Birmingham's Jewellery Quarter • Full planning consent for 83 apartments with associated access & parking • 582 sq m of community space • 1,030 sq m of rooftop amenity areas • Private terraces to all floors • Internal residents courtyard • 58 car parking & 100 bicycle spaces • Proposed development featured in Architects' Journal • Guide Price - £2,950,000

Location: • Nearest Station: Jewellery Quarter Tram Stop • Distance to Station: 0.2813700205021353 miles

Agent Information: • Address: 1st Floor 75-77 Colmore Row Birmingham B3 2AP

Full Description: For Sale by private treaty. <br /> <br />£2,950,000 is sought for the Freehold interest. <br /> <br />Freehold Residential Development Opportunity With Full Planning Permission <br /> <br />The site occupies approximately 0.25 hectares on Icknield Street in Hockley, and is currently occupied by a three-storey industrial vacant building, The existing structure extends to 18,621 sq ft ( 1,730 sq m) and consists of an original three-storey factory and a modern single-storey workshop, which was added in the 1970s. The site is self-contained, with two separate yard areas at the front and side. The main factory is constructed of brick, while the 1970s extension is built with brick/block construction and features a pitched roof. <br /> <br />Location <br />The property is located at Icknield Street off Heaton Street, Hockley, Birmingham. accessing the B4100/A4540 which in turn provides access to the A38 to the M6. The property provides good transport links such as the Jewellery Quarter Train Station which is located approximately 1.1 miles away from the subject premises. Birmingham City Centre is within close <br />proximity and is located approximately 2.1 miles from the premises, whilst <br />the site is less than mile from the A4540 at Lucas Circus. The A4540 provides connections onto the A38/M6, and the A41/M5. <br />The Jewellery Quarter dates to around the 16th century and is a historic <br />and vibrant area of Birmingham, located a short distance northwest of the <br />city core. It is one of the worlds' most significant centres for jewellery <br />making and at one point accounted for around 40% of the UK's jewellery <br />production. <br />The location has benefited from significant levels of residential <br />development, and it has also become a hub for creative industries, <br />including design studios, art galleries, and boutique stores. The overall <br />effect is that the Jewellery Quarter has become a diverse, vibrant, <br />community-driven location, with good quality housing and a strong food <br />and beverage provision, interspersed within the traditional jewellers and <br />expanding creative industries that draw thousands of visitors a year. Whilst <br />the Jewellery Quarter is easily accessible by foot from the city centre, it <br />boasts its own tram stop, railway station and bus routes. <br /> <br />Size <br />0.25 hectares ( 0.61 acres) or thereabouts. <br /> <br />Tenure <br />Freehold <br /> <br />Planning <br />Under application number 2022/08520/PA full planning permission was granted on 24 March 2025 for demolition of existing buildings and erection of residential block comprising 83 no. one, two and three bed apartments over 6 levels with associated access and parking. Full access to the data room can be given by contacting the sole selling agents on or email <br /> <br />VAT <br />All figures quoted are exclusive of VAT, which may be applicable at the prevailing rate. <br /> <br />Proposal <br />The consented scheme, once developed, would provide for :- <br />26 one-bedroom apartments <br />41 two-bedroom apartments <br />16 three-bedroom apartments <br />582m of communal amenity space on the ground floor <br />1,030m of rooftop amenity areas <br />Private terraces on all other floors <br />An internal courtyard for residents <br />58 car parking spaces, 100 bicycle spaces <br />A floor by floor breakdown of the scheme layout is available within the data <br />room. <br /> <br />Services <br />We have been informed that all mains services are connected to the site. <br />However, prospective purchasers should still make their own independent enquiries as to the suitability of the services for their particular requirements <br /> <br />Legal Costs <br />Each party is to be responsible for their own legal costs that may be incurred in this transaction. <br /> <br />Anti Money Laundering <br />In accordance with anti-money laundering regulations, two forms of identity and confirmation of the source of funding will be required from the successful purchaser.