House

The property is a freehold ground rent investment interest on a 2,401 sq m site in Birmingham city centre. It has a 150-year lease from 2018 with 142 years remaining and upwards-only rent reviews every 10 years, indexed to the Retail Price Index (RPI). The permitted development scheme allows for up to 487 residential units, with additional income protections, including a penalty rent uplift and rent escalation.