Commercial agency sells multiple properties in Birmingham hot spot

Leading West Midlands commercial agency Siddall Jones has sold and rented out hot properties in one of Birmingham 's most sought-after suburbs.

The recent activity has been taking place in the popular south city suburb of Stirchley, recently highlighted as one of the Midlands ' best locations in The Sunday Times list of 'Best Places to Live 2023 '.

Siddall Jones has sold 1257 and 1259 Pershore Road, which was marketed for offers in excess of £425,000 but went for over the asking price after going to best and final offers.

With a total space of 2,239 sq ft, this property includes interconnecting mixed-use buildings with two open-plan retail premises on the ground floor, extra space to the rear and plans for a pair of two-bedroomed apartments upstairs.

Div Singh from Ashley James Solicitors advised the seller, while Michael Eyre from Hadgkiss Hughes and Beale advised the purchaser.

Siddall Jones has also let the two units opposite, at 1266 and 1268 Pershore Road, which had space totalling 2,450 sq ft and had initially been marketed together at £40,000 per annum.

Ryan Lynch, a director at Siddall Jones, explained that number 1266 had been let to Bar Ikigai, a business which had one of its concoctions voted Best Cocktail at the Birmingham Cocktail Weekend 2022.

He said that number 1268 had been let to Thai street food specialist Buddha Belly, which has expanded from Digbeth into what is now its permanent home.

Mr Lynch said: “These are just the latest of numerous transactions that Siddall Jones has carried out in Stirchley, which is fast becoming a hot bed for independent food and beverage operators.

“You only have to drive through this exciting suburb once to see the growing appetite for space in the area, with other successful indies such as Loaf and Eat Vietnam already established.

“We are thrilled to have helped Buddha Belly and Ikigai to get their foothold into this marketplace, and we are now looking forward to seeing what emerges at the property we have sold across the road. ”

Mr Lynch added that the purchasers of 1257 and 1259 Pershore Road now have planning permission to convert the upper floors into flats, and that the two ground floor retail spaces were available to let from the third quarter of this year.

Siddall Jones has been retained to market those ground floor properties and interested parties should contact Mr Lynch at Siddall Jones on 0121 638 0500, 07710 022 800 or by emailing ryan@siddalljones.com.