A fast-growing serviced apartment business has taken office space in the Jewellery Quarter in Birmingham.
Acting on behalf of construction consultancy and contractor Del Bosque Group Ltd, commercial property agents Bond Wolfe have let 33 Powell Street to Nuvo Hotel Group Ltd.
George Bassi, senior associate at Bond Wolfe, said: “Situated in the heart of Birmingham's prestigious Jewellery Quarter, 33 Powell Street is a high quality refurbished office building offering prime commercial space in one of the city's most sought-after business districts.”
The property extends to 4,534 sq ft across two floors and has been let on a five year term off a quoting rental of £75,000 per annum.
Nuvo Hotel Group Ltd provides luxury residential short-term homes, ranging from a studio flat, apartment, luxury penthouse, to a house with garden, for short term and longer stays.
Mr Bassi said: "This letting is a clear reflection of the continued strength of the office market for high quality, well-located space.
“Occupier demand for refurbished, ready-to-occupy offices in prime locations remains robust, and 33 Powell Street is a great example of what today's tenants are looking for."
