Repriced - Temple Buildings

49-50 New Street & 19-20 Temple Street, Birmingham, B2 5NY
Current Sale
Repriced - Temple Buildings
49-50 New Street & 19-20 Temple Street, Birmingham, B2 5NY
  • Prime leisure and retail building located in the heart of Birmingham.
  • Prominently positioned corner pitch close to Grand Central and within the traditional retail core of New Street and the booming leisure pitch of Temple Street.
  • Attractive part Grade II Listed freehold building over basement, ground and three upper floors and extending to approximately 10,044 sq ft NIA.
  • Multi-let to four established tenants including Moss Bros Group menswear, Ryman stationers, Oriental Treat trading as T4 and Emfran Limited trading as Everyman Barbers.
  • Overall income of £410,635 per annum, including Moss Bros turnover rent.

Offers in excess of £4,400,000 (Four Million Four Hundred Thousand Pounds) subject to contract and exclusive of VAT reflecting a net initial yield of 8.76% and assuming purchasers’ costs of 6.56%.

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