KWB has acted successfully on behalf of a large number of commercial property companies and institutions and is held in high regard for the sales and letting of some of Birmingham city centre’s most prestigious landmark office buildings. Here is a selection of our office agents Birmingham case studies:
Location: Birmingham city centre offices
Client: Duchy of Lancaster
Size: 26,000 sq ft
In advising the Duchy of Lancaster regarding refurbishment, management and appeal within the market, KWB increased the rent from £12.50 to £18 per sq ft to provide one of Birmingham’s most popular office buildings.
Recently, KWB secured Adam’s restaurant within the property, as a ground floor and basement occupier – a transaction totalling 6,100 sq ft. This came as a change of purpose for the floor, and the one below. This required KWB to agree a lease surrender from Société Générale, who vacated the premises some time ago but still held a lease for multiple floors of the property.
Adam’s has been operating at the property since January 2016, following five months of large scale refurbishment works totalling £1.5m, to turn the former office space into a stunning venue for the Michelin star restaurant.
Owner and chef Adam Stokes declared: “It’s where I want to be for 25 years – I’m not going anywhere else.”
Location: Birmingham city centre offices
Client: Circle Properties
Size: 16,328 sq ft
KWB was instructed on Cheltenham House by Circle Properties in 2014, during its extensive, high quality refurbishment. in the 12 months that followed, KWB secured 6 new office space occupiers in lettings amounting to over half the building’s office space provision.
Most recently, KWB secured the ‘vitrual-freehold’ long term letting of the whole building, totalling 16,328 sq ft, to Living Ventures – which owns The Botanist Bar situated on the ground floor of the office building.
Living Ventures took the space in anticipation of the various developments that were forthcoming – including the redevelopment of New Street Station and the new Grand Central shopping Centre – which would lead to establishing Temple Street, which Cheltenham house is located on, as a crucial, busy thoroughfare linking Birmingham city centre to St Philips and Colmore Row. The strength of investment appeal for the building was bolstered by the quality of its recent refurbishment.
