Summary - 21, LUDGATE HILL B3 1DW
1 bed 1 bath Commercial Property
Premium canal-side freehold with long-term ownership and security
Circa 4,000 sq ft over ground and basement, large open-plan trading areas
Fully fitted commercial kitchen, bar, cloakrooms and service areas included
External decked terrace with canal-side alfresco seating (small/average size)
Current tenant Maneki Ramen — strong premium covenant, income-generating
Fitted fixtures optimised for hospitality; may restrict alternative uses
Located 100 yards from St Paul’s Square; high footfall between city and Jewellery Quarter
Local area records very high crime rates — consider insurance/operational costs
This rare freehold restaurant and bar occupies a prominent canal-side corner in Birmingham’s Jewellery Quarter, offered with circa 4,000 sq ft over ground and basement. The property is trading with a strong tenant covenant (Maneki Ramen), a full catering fit-out, bar, cloakrooms and an external decked terrace — making it immediately income-generating for investors or ready for operator takeover.
The building’s industrial character — large arched windows, exposed brickwork and high ceilings — supports a premium leisure positioning and strong street presence close to St Paul’s Square. Ownership of the land and property gives long-term security and flexibility for future repositioning if the tenant vacates.
Notable considerations are factual: the premises are currently let, so vacant possession is not immediate; the fitted trade fixtures are tailored to hospitality and may limit alternative uses without alterations; the plot and canal terrace are modest in size for alfresco capacity; the surrounding area has very high recorded crime, which could influence insurance and operational costs. EPC and viewings available on request.
For investors or hospitality operators seeking a landmark city-centre site with canal-side appeal and an established premium tenant, this freehold offers an uncommon combination of immediate income, strong location and character-driven trading space.
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