BID DEADLINE SET FOR KINGS NORTON FIRE STATION APARTMENTS SCHEME FOLLOWING KEEN INTEREST FROM DEVELOPERS
Residential land agents at Harris Lamb have reported huge levels of interest from developers keen to redevelop an historic apartment building in Kings Norton.
The business was instructed in June to sell the freehold of the Pershore Road South property, which dates back to the 1930s and was originally built to accommodate firefighters in the town.
A formal tender process is now being undertaken via the Fire Service’s procurement portal further to extensive interest and viewings at the site.
The three-storey property, located adjacent to Kings Norton Fire Station, is set on a 3,358 sq ft site and for more than 80 years, housed firefighters based at the station and their families. It is now earmarked for residential redevelopment due to its prominent position in a busy local centre, its excellent transport links and convenient access to local amenities.
James Willcock of Harris Lamb’s Residential Land team, said: “Very few freehold opportunities of this type tend to come to market, so we were never in any doubt that this opportunity, with its key commuter-belt location and its history, was going to be an attractive proposition to developers throughout the region.
“Demand for high quality accommodation for professionals and families within the West Midlands is at a peak right now, and over the last six weeks we have had more than 100 enquires and conducted over 50 viewings with potential purchasers keen to restore the property and and capitalise on that demand.
“Further to liaison with the Fire Service, a formal tender portal has now been opened, with a bid deadline of noon on Wednesday September 8th. We are delighted with the response to this opportunity and look forward to announcing the successful purchaser in due course,” he added.
The 4,339 sq ft apartment building comprises of three floors, each divided into two three-bedroom flats. Most recently, the ground floor has been utilised as offices, but is expected to be returned it its original residential use to provide a six-apartment development within easy reach of Birmingham City Centre.
The building has been marketed as prime commuter-belt real estate due to its prominent position on one of the main routes into Birmingham city centre, its proximity to the Midlands motorway network and its location opposite Kings Norton railway station, which is on the cross-city line and forms a major commuter route into the city
For details on how to access the tender portal, contact James at firstname.lastname@example.org.