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News Release

Birmingham

Jones Lang LaSalle announces sale of Birmingham’s historic Typhoo Tea Factory


Birmingham, 7th September 2010 – On behalf of Allsop acting as Fixed Charge Receivers, Jones Lang LaSalle’s Residential & Development team has announced the sale of the former Typhoo Tea factory in Digbeth near Birmingham to a private investor for an undisclosed sum. 

Located on the corner of Bordesley Street and New Canal Street the 2.635 acre site, which includes a 150,000 sq ft warehouse and office space, currently has existing planning consent for a mixed-use scheme including 353 residential flats, 5,220 sq ft of commercial property and 188 car parking spaces.  There are currently no plans by the new owner for the future development of the site.

Simon Dicken, Associate Director in Jones Lang LaSalle’s Residential & Development team in Birmingham who advised on the sale, said: “This landmark and historic site, well located near to the city centre, also falls within the proposed Eastside project a significant regeneration area which will extend Birmingham out to the east.”

Built in the 1930s as a state- of-the-art factory, production of tea remained at the site until the late 1970s following which the building was used for a variety of purposes before it became vacant in 1999.