Gazette Building & Court Chambers, 168-182 Corporation Street, Birmingham

Located on Corporation Street - a well-established address in Birmingham City Centre, surrounded by the Law Courts and various associated professional occupiers.

Mixed use property set behind an exceptional Victorian facade, extending to 57,316 sq ft over basement, ground and four upper floors.

The property comprises Court Chambers and Gazette Building extending to 14,330 sq ft and 42,986 sq ft respectively. The properties are considered highly reversionaryand currently benefit from £309,855 per annum rental.

Fantastic city centre location within 500 metresof HS2 Curzon St and situated in close proximity to the Martineau Galleries redevelopment and the CBD.

Stunning opportunity for regeneration through office refurbishment or the conversion of the premises into a hotel, residential or student (STP).

Freehold.

We are instructed to seek offers in excess of £4,000,000 (Four Million Pounds) reflecting a net initial yield of 7.28%assuming standard purchasers' costs of 6.54%. This reflects a capital value per sq ft of £69.70.