Property briefs - Birmingham special
- Christie & Co is inviting offers for two premises in Birmingham city centre. The leasehold interest in Gio's bar/restaurant in Paradise Place, off Broad Street, is available on behalf of Voyager Pub Group. In addition, McVeigh's freehouse in Stratford Road, Sparkbrook, is for sale at an asking price of £375,000 for the freehold. Call 0121 456 1222 for more details.
The city now has 13 lap-dancing clubs with the opening of a second Spearmint Rhino. Councillors and city planners have called on the government to shake up the rules so that outlets offering lap-dancing cannot replace restaurants or music venues without the need for fresh planning consent. Locals fear that the city is becoming the "Soho of the Midlands".
Town and Country Inns has invested £10m in opening its new development called Summerrow. Situated at the end of Birmingham's Jewellery quarter, it is to open a bar called Apres and a restaurant called Mechu as well has offices and a landscaped roof garden. The venue plans to appeal to the customers aged 23 plus and is situated away from the central areas of Broad Street. The 45,000sq ft site has been designed to be like New York's late night lounge scene. For details go to www.summerrow.com.
Union Pub Company has its Poachers Pocket pub in Birmingham available through its new open house lease. The food destination pub will be de-branded following the sale. The site has a restaurant with room for 90 covers as well as a public bar and games room. Fixtures and fittings have an initial value of £24,000. For further details call 0114 290 3300.
Six Continents Retail has sold its King George V pub on Bristol Road South, Birmingham, to a Chinese restaurateur. The site is a 1930s listed building and includes a bowling green at the rear and two function rooms on the first floor. It was sold for £500,000 for the freehold interest. Fleurets handled the sale.
Agent Humberstones has a development site up for sale in Birmingham city centre. The £2m freehold hotel, bistro and bar site is situated opposite the rear of Moor Street station. Call 0121 678 7788 for further details.
On the outskirts of Birmingham in Romsley, the Manchester Inn is up for sale. The pub has a turnover of £5,000 per week with 50 per cent coming from wet sales. It has a lounge, separate bar and restaurant. It is available for £69,950 leasehold. Humberstones is handling the sale. Call 0121 678 7788 for further information.
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