Investment News

FHP has completed the investment purchase of an award-winning mixed use development in Birmingham, on behalf of Ayburn Property Company Ltd.

The leading property consultancy has secured The School Yard, a Grade II listed former Victorian school with private courtyard alfresco dining, sited on the southern side of Harborne High Street, at the junction with York Street.

The premises, which extends to 8,886 sq ft, is let to established occupiers including independent cafe group, Boston Tea Party, speakeasy cocktail bar, Drunken Tiger and Harborne Food School.

FHP Director, Head of Birmingham Office, Doug Tweedie said: “We’re very pleased to have completed this acquisition on behalf of Ayburn Property Company Ltd. The School Yard is an exciting multi-let leisure investment with a high calibre of well established occupiers. The building benefits from an extensive frontage on the busy High Street, and is an important part of Harborne’s strong retail and leisure offer. At the time the purchase was secured, a new letting to Holy Moli Macaroni was also completed, who will take possession of the former Prezzo restaurant and establish itself within Harborne’s vibrant leisure scene very soon. We can’t wait to see it open!”.

The vendor/seller was represented by Ben Simpson of CWM.

For further information please contact Doug Tweedie on 07887 787892 or email doug@fhp.co.uk