A well-known Birmingham former nightclub that was destroyed by
fire has risen from the ashes and is on the market following an
extensive restoration project and is now set to benefit from the
£500 million redevelopment of the adjacent New Street
Station.
The beautiful Victorian Grade II listed building in John Bright
Street was once home to the Edwards No.8 club and rock venue. Many
top rock and pop bands appeared at the venue, including Nirvana and
Radiohead, before the fire struck in November 2006. It is now set
for a new lease of life thanks to owner, Birmingham Properties
Group.
The £3 million building has been completely restored and
is being marketed as a potential office headquarters targeted at
organizations that want to benefit from being located adjacent to
the new station.
John Tebbutt, managing director of Birmingham Properties Group,
said: "This is a beautiful stone terracotta and brick building
which we have carefully restored over the past 18 months. It now
offers potential as an office HQ building in a fantastic location
that is very close to the New Street Station extension, the new
John Lewis store and the Mailbox.
"This is a very rare opportunity to purchase a building of this
quality which is located in the heart of the city core. The fire
destroyed the entire internal structure but this has allowed us to
create open plan floor plates so it offers very flexible space.
There is a usable basement and four floors amounting to a total of
around 25,000 sq ft of space."
He added: "A purchaser is now being sought to either take the
property as it is, or we will provide a bespoke fit-out subject to
agreeing terms."
John Griffiths, of BPG's agents GBR Phoenix Beard, said: "There
has been a noticeable increase in enquires since work at the
station really became visible. A number of charities in particular
have seen the opportunity to buy in an incredibly strategic and
convenient location.
"But it has been the interest from training and medical
organizations in particular that prompted us to secure the much
coveted D1 consent. This property now presents an incredible
opportunity in terms of value and location."
Work carried out on 81 - 89 John Bright Street includes careful
restoration of the existing terracotta and brickwork, and the roof
and windows have been completely replaced. For more information on
the building contact GBR Phoenix Beard on 0121 200 4577.
Birmingham Properties Group, based in the city's Jewellery
Quarter, is focused on delivering innovative and high quality
mixed-use schemes, urban regeneration, strategic recovery and asset
management. Founded in the 1980s, the company has grown into a
leading player in the Midland's property market with a reputation
for delivering high quality developments.