Acting on behalf of fixed charged receivers, Jones Lang LaSalle has announced the sale of the historic former Ephraim Phillips factory, 54-76 Bissell Street in Digbeth near Birmingham to a private investor. 

Originally built in the 19th Century, the restored factory known as Ephraim Phillips House sits on a 1.6 acre site. The property comprises a total of 43,287 sq ft of office space along with two light industrial units of approximately 5,000 sq ft each in size. 

Simon Dicken, Associate Director in Jones Lang LaSalle's Birmingham office, said: "The successful sale of Ephraim Phillips House shows that investors are prepared to widen their horizons to consider development opportunities not only for primary but for secondary locations, such as this property, where value can be added over the longer term."