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Prime Birmingham Hotel located in an Iconic Landmark Mixed-Use Building

For sale: £12,000,000.00|Hotel, Leisure Property, Restaurant/Cafes, Mixed Use, Licensed & Leisure, Other Property Types & Opportunities

Property details

FOR SALE£12,000,000.00
ADDRESSThe Cube Hotel, Commercial Street, Birmingham, B1 1RS
TYPEHotel, Leisure Property, Restaurant/Cafes, Mixed Use, Licensed & Leisure, Other Property Types & Opportunities
TENUREBusiness for sale, Investment Opportunity, For Sale Leasehold
POSTED ON23rd August 2024

Description

• Multi-faceted trading business with extensive facilities
• Unbranded Boutique Hotel with 52 keys enjoying extensive city views inc. 10 feature and balcony rooms
• Marco Pierre White branded restaurant (c.180 covers)
• Additional dining and bar facilities (60 covers/120 reception) with extensive terrace area (80 covers/160 reception)
• Private dining/Boardroom at Level 25 (22 covers)
• Well-presented and invested long leasehold asset
• Total Floor area approaching 37,000 sq ft over 4 floors
• Established business with potential brand, asset/operational and management opportunities

The subject property is located principally over 4 levels within the Cube, an iconic building designed by award-winning architect Ken Shuttleworth of Make, whose portfolio also includes the Gherkin, concluding the final stage of the renowned Mailbox development, forming one of Birmingham's premier retail and leisure destinations.

Completed in 2010, The Cube has become a Birmingham landmark, comprising a striking 25 storey development that, in addition to the hotel include other bars, restaurants and leisure uses, including a 10 pin bowling centre, 244 residential apartments, extensive underground car parking and 112,000 sq. ft of offices.

Occupiers in The Cube include Highways England, the Solicitors Regulation Authority and IBI Group. Other nearby occupiers within the adjacent Mailbox include high end lifestyle and fashion retailers such as Paul Smith, Boss, Harvey Nicholls and Emporio Armani, along with complimenting bars and restaurants such as Gas Street Social, Chez Mal, Harvey Nicholls Bar and The Mayan.

This scheme also boasts an Everyman multiscreen cinema, two further hotels, including AC Hotels by Marriott and Malmaison and is home to BBC Birmingham.

Location

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Location: The Cube Hotel, Commercial Street, Birmingham, B1 1RS

Birmingham New Street (0.4 miles)

Five Ways (0.4 miles)

Birmingham Moor Street (0.7 miles)

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