Historic office building acquired by private investor

Digbeth’s former Ephraim Phillips factory purchased out or receivership

Article posted: 23 May 2011

Acting on behalf of fixed charged receivers, Jones Lang LaSalle has announced the sale of the historic former Ephraim Phillips factory, 54-76 Bissell Street in Digbeth near Birmingham to a private investor. 

Originally built in the 19th Century, the converted Victorian factory known as Ephraim Phillips House sits on a 1.6 acre site. The property comprises two light industrial units of approximately 5,000 sq ft each in size together with a total of 43,287 sq ft of office space only one mile south of Birmingham city centre. 

Simon Dicken, Associate Director in Jones Lang LaSalle’s Birmingham office, said: “The successful sale of Ephraim Phillips House shows that investors are prepared to widen their horizons to consider development opportunities not only for primary but for secondary locations, such as this property, where value can be added over the longer term.”

Occupiers include Sterling Wealth Management and 2^nd City Productions.

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Posted by Sara