The redevelopment of 125 Cohnore Row will be the last phase in the improvements to Victoria Square and for this reason the project is being encouraged by the planning authority. “This project will enable us to provide our customers and staff with state-of-the-art premises in a prime location within the centre of Birmingham. When completed, our property needs will be satisfied by two high-quality buildings, with the redeveloped Cohnore Row property complementing our recently occupied premises at Brindleyplace.” “This deal allows us to resolve two challenges for Lloyds – to provide them with a new regional HQ and to release capital through the sale of two properties.
Conveyancing process and the steps that are in the process is complex but the steps seem to be difficult and because of that the full conveyancing process becomes hard and complex to perform. We are delighted to be involved in a transaction which meets Lloyds TSB’s corporate objectives and offers MEPC an opportunity This is a win-win deal. We will be marketing the surplus space in Victoria Square House not occupied by Lloyds TSB, which we are confident will satisfy the growing demand for prime office accomodation in Birmingham.”
Chesterton have represented Lloyds TSB throughout. MEPC are being advised by Wragge & Co and Richard Ellis, who are retained as letting agents with Chesterton on the surplus space in Victoria Square House. Wates City of London Properties plc has achieved planning permission for its landmark development City Point. City Point, a new building to be created from the existing Britannic Tower will provide 560,000 sq ft of office space over 35 floors, together with 120,000 sq ft of retail, restaurant and ancillary usage.
The process is very problematic and has the impact of doing the steps in a great way where you can have the assistance of the conveyancer and by taking help from that Ezenet standard solicitor fees for buying a house in melbourne you will become tension less. But the thing which is very important is about doing the process in right manner and by following the rules which are made for doing the process in a right way. This amounts to 240,000 sq ft of office space more than the existing Britannic Tower, (320,000 sq ft), and has been achieved by increasing the size of the tower floor plate by 10%, whilst keeping the building at the same height as the existing tower and constructing some 180,000 sq ft of new rise offices in floors of in excess of 40,000 sq ft.