Unit 1, Phase II, Birmingham City Centre, Birmingham, West Midlands, B4 7LR

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

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Location: • Nearest Station: N/A • Distance to Station: N/A

Agent Information: • Address: 51 Regent Parade, Birmingham, B1 3NS

Full Description: LocationExchange Square lies within the Birmingham Curzon Street Masterplan, an area benefitting from over £900million of regeneration investment creating 600,000sq.m of employment space, 36,000 (net) jobs, 4,000 new homes and a £1.4bn economic uplift.The development benefits from a unique location, being opposite the forthcoming HS2 Curzon Street Station, which is set to welcome 300,000 passengers per day by 2033.The site also lies in close proximity to Birmingham City University Campus, Aston University Campus, Masshouse residential apartments as well as being within a short walking distance of Birmingham Moor Street, New Street Station (Grand Central) and the Bullring Shopping Centre.DescriptionPhase I of Exchange Square comprises the Allegro residential block, which is made up of 603 rental apartments with ground floor retail including Co op and Greggs Phase II of Exchange Square is the final phase of Nikal's 350m Masshouse project and will include a 37 storey 375 apartment block, a 235 bed Premier Inn Hotel in a 15 storey building with a 6 000 sq ft Bar Block restaurant plus additional high quality retail commercial space at ground and mezzanine floors, which is available 'To Let' Phase II will sit alongside 'New City Square', a brand new half an acre public space that links Exchange Square with Bruntwood's neighbouring McLaren Building.Tenure CommentsThe accommodation is available by way of new fully repairing and insuring lease on terms to be agreed.Service Charge InformationUNIT 1 £2,257.31PlanningThe properties benefit from Class E Planning Consent which allows for a wide range of uses.Legal CostsEach party will be responsible for covering their own legal costs incurred in the transaction.