KWB has let 6,100 sq ft of former office space in Birmingham city centre to Adam’s Restaurant, as it brings its Michelin star food to the permanent home of New Oxford House – after two years at a pop-up location on Bennetts Hill.
The former office space at the Waterloo Street building, owned by the Duchy of Lancaster and located prominently in the heart of Birmingham’s business and financial district, has been sublet by KWB on behalf of freeholder.
The ground, lower ground and basement offices, totalling 6,100 sq ft are now being converted into the new Adam’s Restaurant, having been originally leased to Société Générale. KWB introduced the Adam’s team to the property while they were searching for a long term venue for their restaurant – one that they could fit out – with a seven figure investment.
Head chef and owner, Adam Stokes, has received yet another accolade following the announcement of the restaurant’s relocation to the permanent base at New Oxford House – TripAdvisor has just named Adam’s as the best restaurant in the country, and 4th in the world. As of now, Adam’s is one of five restaurants in Birmingham with a Michelin star, and fast becoming a landmark on both the national and global gastronomic map.
Adam said: “Before relocating to Birmingham, we researched and carefully considered all areas in and around the city. As time passed, we realised that the Colmore Business District was the area we had to be in. Having seen great success – over the course of two and a half years – at our temporary location, just off New Street, we are due to relocate to New Oxford House in January 2016.
“The property lends itself perfectly to the restaurant that I have always dreamed of running. The ground floor size and, particularly, shape will enable a beautiful flow for an amazing restaurant. From the bar to the dining area, the layout will heighten our diner’s intrigue as the room unfolds. On the lower ground floor, the room again has a perfect flow for a state of the art kitchen, chef’s table, development and wine room. New Oxford House has allowed us to realise our dream, and we can’t wait to reopen and really start pushing the boundaries of what a restaurant can be.”
KWB’s Malcolm Jones said: “This has been an interesting letting – firstly, that it was a restaurant and secondly, it required securing a lease surrender. We are delighted to help such a growing, independent company find a new location. Such a high calibre restaurant is a great addition to the property, and the prestige of having office space at the Duchy of Lancaster’s New Oxford House will be enhanced by Adam’s – there’s a mutual added value.”
As corporate activity heats up in Birmingham, with the largest year of office lettings for a long time, a restaurant of this calibre is an ideal, well-timed addition to Waterloo Street. KWB has already talked about the new-found, greater significance of streets, such as Temple Street, and Waterloo Street should benefit from the revitalised New Street/Grand Central development in much the same way.
Malcolm continued: “We’re seeing a growing trend in Birmingham for luxury eateries – of all shapes and sizes – to meet a wide variety of budgets, cultures and even subcultures. The range of occupiers at the new Grand Central shopping centre highlights that there is plenty of demand for upmarket dining, and when you consider the success that Adam’s has already experienced in its pop-up location on Bennetts Hill – it’s safe to say they’ve made a large but sound investment.“