New Oxford House
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.”