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- LoopNet Team
24-25 Union St
Birmingham B2 4TX
City Arcade · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- A rare opportunity to acquire Birmingham City Council’s interest which hasn’t come to the market in 150 years.
- Multi let to three tenants with a substantial vacant unit for refurbishment/repositioning.
- The scheme is situated in the heart of Birmingham City Centre. City Arcade is surrounded by Birmingham’s key business community and is located in the
EXECUTIVE SUMMARY
City Arcade is situated just off Corporation Street, home to House of Fraser and multiple other national retailers. The Arcade is strategically located close to the three primary retail pitches in Birmingham; 100m from New Street, 120m from the High Street and 200m from Grand Central which in turn leads to the Bullring Shopping Centre. The Pitch The property is located adjacent to Martineau Place and within close proximity of Hammerson’s proposed Martineau Galleries; a regeneration of The Square Shopping Centre and Dale End (High Street) car park including up to 1,300 new homes, up to 130,000 sq m of workspace, restaurants, cafes, shops, and a new 200 bed city centre hotel.
PROPERTY FACTS
| Property Type | Retail | Net Internal Area (NIA) | 16,284 sq ft |
| Property Subtype | Shopfront | No. Floors | 5 |
| Costar Property Class | C | Year Built | 1900 |
| Total Plot Size | 0.11 ac | APN / Parcel ID |
| Property Type | Retail |
| Property Subtype | Shopfront |
| Costar Property Class | C |
| Total Plot Size | 0.11 ac |
| Net Internal Area (NIA) | 16,284 sq ft |
| No. Floors | 5 |
| Year Built | 1900 |
| APN / Parcel ID |
AMENITIES
- Enclosed Mall
- Storage Space
