The subject property is located principally over 4 levels within the Cube, an iconic building designed by award-winning architect Ken Shuttleworth of Make, whose portfolio also includes the Gherkin, concluding the final stage of the renowned Mailbox development, forming one of Birmingham’s premier retail and leisure destinations. Completed in 2010, The Cube has become a Birmingham landmark, comprising a striking 25 storey development that, in addition to the hotel include other bars, restaurants and leisure uses, including a 10 pin bowling centre, 244 residential apartments, extensive underground car parking and 112,000 sq. ft of offices.
Occupiers in The Cube include Highways England, the Solicitors Regulation Authority and IBI Group. Other nearby occupiers within the adjacent Mailbox include high end lifestyle and fashion retailers such as Paul Smith, Boss, Harvey Nicholls and Emporio Armani, along with complimenting bars and restaurants such as Gas Street Social, Chez Mal, Harvey Nicholls Bar and The Mayan. This scheme also boasts an Everyman multiscreen cinema, two further hotels, including AC Hotels by Marriott and Malmaison and is home to BBC Birmingham.
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Location
Birmingham, in the West Midlands, is the UK's second largest city, located about 120 miles northwest of London, 90 miles northeast of Bristol, 50 miles southwest of Nottingham, and 85 miles south of Manchester. With a strong economy outside London, it hosts major companies like Aviva, Barclays, Capita, Deloitte, Direct Line, EY, HS2, HSBC, Network Rail, PwC, RBS, and Zurich. The city hosts numerous events, including the 2022 Commonwealth Games, Crufts, Gay Pride, Chinese New Year, St. Patrick's Day Parade, CMS, Edgbaston Cricket Ground, Birmingham Beer Festival, and the Jazz Festival. Birmingham has excellent transport links with the M5, M6, M40, and M42 motorways.
It has three railway stations—Birmingham New Street, Birmingham Moor Street, and Snow Hill—providing frequent high-speed connections to London Euston (1 hour 15 minutes) and other major UK cities like Manchester, Liverpool, Nottingham, and Bristol. Birmingham New Street is the busiest station outside London and is a 10-minute walk from The Cube. Curzon Street Station is under construction, expected to open between 2029 and 2033, linking eight of Britain’s largest cities and reducing journey times and congestion. Birmingham International Airport is easily accessible, with a journey time of about 10 minutes from Birmingham New Street Station.
Accommodation
The subject property offers a unique multi-faceted business that comprises a landmark rooftop bar and restaurant, with private dining and a 52 bedroom boutique hotel. These operational entities are located across Levels 7, 23, 24 & 25 within The Cube. The Cube benefits from multiple external entrances that include direct access from two levels of the Mailbox, and from Commercial Street to the rear.
Each operational aspect of the business in turn communicates internally to provide fluid and convenient guest movement. A hotel reception and lift lobby is accessed directly off Commercial Street or internally from The Cube at Level 7. This provides dedicated lift access between Levels 23, 24 and 25. Floor plans are available in the data room
Terms
Service Charge Under the terms of the lease a service charge is payable, which relates to the wider Cube scheme, but is apportioned to tenants based upon floor space occupied. The service charge year runs from 1st January to 31st December. Historic service charge information and the budget for the current year commencing on 1st January 2024 is available within the data room for review. Services At the time of our inspection, the property was connected to mains water, gas and electricity.
Fixtures & Fittings The majority of F+F are included in the sale - an inventory is included in the data room
Energy Performance Certificate (EPC) The property has an energy performance certificate rating of: Level 23 & 24 (Hotel): C-65 Level 25 (Restaurant): B-45
Marco Pierre White Franchise Agreement The food and beverage aspect of the business is currently operated under a franchise agreement from Black & White Hospitality Limited as a Marco Pierre White branded restaurant. Principal terms of the franchise agreements are outlined within the data room. An opportunity is available to enter into a new commercial franchise agreement directly with Black & White Hospitality Limited.
Fire Risk Assessment A copy of the up-to-date fire risk assessment is available within the data room.
Specification
- Individually controlled air conditioning
- High speed internet access
- Premium channels available
- HD
- TV Hairdryer
- En suite bathroom
- Cable/Satellite
- TV Work desk Iron/iron board In-room video checkout
- Coffee/tea maker