For SaleotherUnverified

Prime Hotel & Restaurant, Birmingham City Centre

The Cube Hotel, Birmingham, Birmingham B1 1RS

CommercialUK

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Price
£7,200,000
Tenure
leasehold
Listed
Today

Property Description

• Superb opportunity to acquire a prime hotel & restaurant in a major provincial city market, located in an iconic landmark mixed commercial and residential building • Unbranded boutique hotel with 52 en suite bedrooms enjoying extensive city views • Marco Pierre White branded rooftop restaurant, c.180 covers • The hotel and restaurant are situated on levels 7, 23, 24 and 25 of the iconic Cube development • Additional dining and bar facilities (60 covers/120 reception) with extensive panoramic terrace area (80 covers/160 reception) and cocktail lounge (36 covers) • Hotel element of the business (floor 24 & part of 23) is currently operated by a third party management company which can be terminated on completion • Prime location in Birmingham Centre, within a 5-minute walk of The Mailbox and 10-minute walk of major railway stations • 37,000 sq ft across four floors • Potential branding opportunity • Long Leasehold with 110 years unexpired, with peppercorn rent • Birmingham is the host of significant national conventions, NEC and the International Convention Centre, attracting 42% of the UK’s conference and exhibition trade
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K
Knight Frank - Matthew Smith

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