Project Details
- Client Name: MGTS St Johns High Income Fund
- Project Value: £2.3 million
- Sector: Commercial
- Services: Technical Due Diligence Building Survey
- Key partners: N/A
- Contact: Joe Jackson – 02082941000
Baily Garner completed a Technical Due Diligence Building Survey of this high end pub/restaurant property located within the Central Leisure District of Birmingham.
The Canal House is located in the heart of the Birmingham Leisure District, on an impressive canal front setting. Historically the location housed a canal bank warehouse until redevelopment of the land in the 1980s to create the James Brindley pub, appropriately named after the notable 18th Century engineer who came from the area.
Following the pubs closure the building remained vacant for eight years before undergoing a comprehensive refurbishment in 2017.
This refurbishment included overhaul of the original glazed atrium roof structure, strengthened with additional steelwork to carry a new enclosed roof structure with rooflight, timber cladding to the external wall structures and a full internal re-fit including services.
The client was advised on all significant building issues relating to the purchase, particularly technical issues, statutory compliance, deleterious materials, building management and associated legal matters in connection with this virtual freehold acquisition. A number of residual issues from the refurbishment were advised upon. In addition we carried out a Building Reinstatement Cost Assessment on the building for insurance purposes in conjunction with the survey.
