Prime Birmingham Development Site in Sheldon Set for Bond Wolfe Auction with Bidding Starting at £1.22 Million

An exciting development opportunity is hitting the Birmingham market as we prepare to auction the former Ivy Leaf Social Club on Coventry Road in Sheldon. With bidding a guide of £1.22 million+ (plus fees), the property, spanning 0.75 acres, has already secured planning permission for a 50-apartment redevelopment.

A Strategic Location with Approved Redevelopment Plans

The site, located at 2296 Coventry Road, is situated on the A45—a strategic arterial route connecting Birmingham city center to Coventry, Birmingham International Airport, and key national motorways, including the M42 at junction 6. The property’s plans, approved under application 2021/06275/PA, include the demolition of the existing social club and the construction of two residential blocks—35 apartments in one block and 15 in another. The development will also feature ground-floor retail space and on-site parking, making it highly attractive to both investors and future residents.

Features and Flexible Potential for Repurposing

The existing Ivy Leaf building, spanning 14,646 sq ft, boasts a combination of three-story and single-story sections crafted from masonry materials. Its distinctive mix of flat and barrel-vaulted roofing adds architectural interest, with a multi-level structure providing flexibility for various redevelopment configurations. James Mattin, managing director and auctioneer at Bond Wolfe, highlighted the potential for alternative uses beyond the current plan if additional planning consents are obtained.

“This is a great oven-ready development opportunity in a highly prominent position with great access to the city centre and beyond,” Mr. Mattin explained. “We are inviting immediate expressions of interest, and a full legal pack will be available for inspection.”

Prime Amenities and Accessibility

Located within walking distance of Sheldon Retail Park, the site benefits from an array of retail amenities anchored by Marks & Spencer Food and Morrisons, as well as outlets like B&M and The Gym Group. The ease of access to Birmingham International Airport, Birmingham International railway station, and the nearby motorway network ensures seamless connectivity to Birmingham, Coventry, and Solihull. These locational advantages will be invaluable for future residents and retail operators alike.

A Highly Anticipated Auction with Remote Bidding Options

The former Ivy Leaf social club is set to be one of the highlight lots at Bond Wolfe’s next auction, which will start at 8:30 am on Thursday, 11 December. Bidders can participate remotely through proxy, telephone, or internet, ensuring convenient access for both local and national investors.

For more details or to register to bid, visit www.bondwolfe.com/auctions/properties, email [email protected], or contact the team at 0121 312 1212.

Note: Each property is subject to a reserve price that may differ from the guide price. Please refer to the legal pack for additional information and any applicable fees.