Victorian Building Sold for £1.5M

A Victorian building that used to contain a canalside bar and restaurant in Birmingham's Jewellery Quarter has been sold for £1.5m.

Siddall Jones, a commercial property consultant, handled the sale of 21 Ludgate Hill on behalf of its private company client to a UK-based investor.

The freehold property, formerly Stirlings Bar & Lounge, also has five vacant apartments on its upper floors.

Siddall Jones has now been instructed by the new owners to find tenants for the 4,000 sq ft commercial element over two floors of the property.

Managing director Ed Siddall-Jones said: "This stunning Victorian building is a great example of an externally unaltered canalside works on a corner site.

"The sale represents strong demand for substantial assets located in the Jewellery Quarter and we are well placed to source and dispose of properties confidentially for our retained clients.

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