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

GBP 2,250,000
For Sale

Property Details

Bedrooms

10

Bathrooms

5

Property Type

Land

Description

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

Key Features: • Freehold ownership of the entire building • Fully let & income-producing from both commercial and residential elements • Rental income and yield available on request • Recently refurbished interiors across all residential units • Strong covenant on the commercial leasehold tenant • Opportunity for future capital uplift in a high-demand postcode • Prominent corner position with excellent visibility on Ludgate Hill • Access points from both Ludgate Hill and Water Street • 8448 Sq. Ft. • Walking distance to St Paul’s Square, Colmore Business District & Birmingham City Centre

Location: • Nearest Station: Birmingham Snow Hill Tram Stop • Distance to Station: 0.1317938715757934 miles

Agent Information: • Address: 37-39 Ludgate Hill, Birmingham, B3 1EH

Full Description: <strong>DESCRIPTION</strong> <strong></strong> James Laurence is delighted to offer a rare opportunity to purchase the freehold interest of an outstanding mixed-use Victorian property in the heart of Birmingham's Jewellery Quarter. Tennial Wharf comprises a ground and basement-level canal-side bar/restaurant and five high-quality residential apartments spread over the upper floors - all of which are fully let and income-generating.<br /><br /> <br /><br /><strong>PROPERTY</strong> <strong>BREAKDOWN</strong> <strong></strong> Commercial Premises: 4,000 sq ft (NIA), currently let to Maneki Ramen - a vibrant and well-established Japanese restaurant with a cult following.<br /><br />Residential Apartments: 5 x Two-bedroom apartments<br />All units feature contemporary interiors and have been carefully restored to enhance original features <br /><br /><strong>INVESTMENT</strong> <strong>HIGHLIGHTS</strong> <strong></strong> Freehold ownership of the entire building<br /><br />Fully let & income-producing from both commercial and residential elements<br /><br />Estimated rental income and yield available on request<br /><br />Recently refurbished interiors across all residential units<br /><br />Strong covenant on the commercial leasehold tenant<br /><br />Opportunity for future capital uplift in a high-demand postcode<br /><br />Prominent corner position with excellent visibility on Ludgate Hill<br /><br />Access points from both Ludgate Hill and Water Street<br /><br />Walking distance to St Paul's Square, Colmore Business District & Birmingham City Centre <br /><br /><strong>UNIT-BY-UNIT</strong> <strong>BREAKDOWN</strong> <strong></strong>  <br /><br /><strong>APARTMENT</strong> <strong>1</strong> <strong>-</strong> <strong>DUPLEX</strong> <strong>TWO</strong> <strong>BEDROOM</strong> <strong>(APPROX.</strong> <strong>778.7</strong> <strong>SQ.</strong> <strong>FT)</strong> <strong></strong> Living Space: Impressive 7.53m x 3.84m (24'8" x 12'7") open-plan lounge/dining/kitchen with multiple windows<br /><br />Bedroom 1: Huge top-floor suite (23' x 11'6") with private stair access - ideal principal suite<br /><br />Bedroom 2: 10'4" x 11'6" - bright double bedroom on main floor<br /><br />Bathroom: Stylish modern suite with rainfall shower over bath<br /><br />Features: Split-level design, large footprint, excellent natural light <br /><br /><strong>APARTMENT</strong> <strong>2</strong> <strong>-</strong> <strong>DUPLEX</strong> <strong>TWO</strong> <strong>BEDROOM</strong> <strong>(APPROX.</strong> <strong>788.3</strong> <strong>SQ.</strong> <strong>FT)</strong> <strong></strong> Kitchen/Lounge/Dining: 27'10" open-plan, dual-aspect living zone<br /><br />Bedroom 1: Generous upper level bedroom (18'10" x 11'5") with pitched ceiling<br /><br />Bedroom 2: Bright first-floor bedroom (13'9" x 9'3")<br /><br />Features: Contemporary layout, dual staircases, canal views, ideal for sharers <br /><br /><strong>APARTMENT</strong> <strong>3</strong> <strong>-</strong> <strong>DUPLEX</strong> <strong>TWO</strong> <strong>BEDROOM</strong> <strong>(APPROX.</strong> <strong>1,218.4</strong> <strong>SQ.</strong> <strong>FT)</strong> <strong></strong> Main Living: Large central lounge/diner (12'2" x 15")<br /><br />Separate Kitchen: 9'5" x 6'8" tucked kitchen space with fitted appliances<br /><br />Bedroom 1: 21'7" x 11'11" - top floor bedroom with exposed trusses<br /><br />Bedroom 2: Also 21'7" - potential guest room or large office<br /><br />Features: Most spacious unit, excellent dual aspect, heritage features, ideal live/work<br /><br /> <br /><br /><strong>APARTMENT</strong> <strong>4</strong> <strong>-</strong> <strong>LATERAL</strong> <strong>TWO</strong> <strong>BEDROOM</strong> <strong>(APPROX.</strong> <strong>785.9</strong> <strong>SQ.</strong> <strong>FT)</strong> <strong></strong> Living/Dining/Kitchen: 24'7" x 15'3" with panoramic industrial-style glazing<br /><br />Bedroom 1: 17'2" x 11'7" - generous proportions and bright<br /><br />Bedroom 2: 12'6" x 9'8" - great guest room or study<br /><br />Features: Clean modern finish, strong rental appeal, excellent ceiling height <br /><br /><strong>APARTMENT</strong> <strong>5</strong> <strong>-</strong> <strong>LATERAL</strong> <strong>TWO</strong> <strong>BEDROOM</strong> <strong>(APPROX.</strong> <strong>879</strong> <strong>SQ.</strong> <strong>FT)</strong> <strong></strong> Kitchen/Lounge/Diner: 24'8" x 21'4" - huge open-plan zone<br /><br />Bedroom 1: 11'11" x 11'4"<br /><br />Bedroom 2: 13' x 10'8"<br /><br />Features: Three windows across main reception space, fantastic proportions, perfect for entertaining <br /><br /><strong>ADDITIONAL</strong> <strong>BUILDING</strong> <strong>HIGHLIGHTS</strong> <strong></strong> All apartments benefit from electric heating, modern bathrooms, and bespoke window treatments<br /><br />High rental demand in this postcode due to proximity to Colmore Row, Brindleyplace, and St Paul's Square<br /><br />Ideal for long-term investors - current ASTs in place with scope for review<br /><br />Secure communal areas, well-maintained, with minimal service demands <br /><br /><strong>BUYERS</strong> <strong>FEE</strong> <strong></strong> Buyer's Fee of 1.5% Plus VAT of the purchase price. T&Cs apply. <br /><br /><strong>LOCATION</strong> <strong></strong> Situated in Birmingham's thriving Jewellery Quarter, the building lies just 100 yards from St Paul's Square, within walking distance of Birmingham's professional and retail districts. Nearby transport includes Snow Hill Station, local tram links, and direct access to the A38(M) and M6.<br /><br />This is a truly unique opportunity to acquire a premium, income-producing asset in one of Birmingham's most prestigious districts.<br /><br /> <br /><br /><strong>JAMES</strong> <strong>LAURENCE</strong> <strong>ESTATE</strong> <strong>AGENTS</strong> <strong></strong> Agents Note: We have not tested any of the electrical, central heating or sanitary ware appliances. Purchasers should make their own investigations as to the workings of the relevant items. Floor plans are for identification purposes only and not to scale. All room measurements and mileages quoted in these sales particulars are approximate. All material information stated below has been provided by our client, but we would request all information to be verified by the purchaser's chosen solicitor. <br /><br />Fixtures and Fittings: All those items mentioned in these particulars by way of fixtures and fittings are deemed to be included in the sale price. Others, if any, are excluded. However, we would always advise that this is confirmed by the purchaser at the point of offer.<br /><br />Tenure: Freehold<br /><br />Services: All mains' services are connected to the property.<br /><br />Local Authority: Birmingham City Council <br /><br /><br /><br />To complete our comprehensive service, James Laurence Estate Agents is pleased to offer the following:-<br /><br />Free Valuation: Please contact the office on to make an appointment. <br /><br />Residential Lettings and Management: If you are interested in letting out your property or are considering renting a property, please contact our office to find out further information.<br /><br />Conveyancing: Very competitively priced rates agreed with our panel of local experienced and respected Solicitors. Please contact this office for further details.<br /><br />Financial Services: James Laurence Estate Agents work with an independent Mortgage Service offering face to face mortgage advice to suit your needs. Please contact the office on to make a free appointment.

Location

Address

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

City

21 Ludgate Hill

Features and Finishes

Freehold ownership of the entire building, Fully let &amp; income-producing from both commercial and residential elements, Rental income and yield available on request, Recently refurbished interiors across all residential units, Strong covenant on the commercial leasehold tenant, Opportunity for future capital uplift in a high-demand postcode, Prominent corner position with excellent visibility on Ludgate Hill, Access points from both Ludgate Hill and Water Street, 8448 Sq. Ft. , Walking distance to St Paul’s Square, Colmore Business District &amp; Birmingham City Centre

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