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Lodders Signed Up For £1m Penthouse Sale

A Stratford firm of solicitors is to handle the sale of the first £1 million penthouse in Birmingham.

The Stratford branch of Lodders has been appointed to handle the legal aspects of the sale of 186 apartments being built at the former Lucas factory in the Jewellery Quarter.

The firm will also deal with the leases of the retail units, fitness centre and restaurant, which will occupy the building’s ground floor.

The £50 million re-development is to bring loft-style living to Birmingham.

The factory has been empty for five years and has been renamed Newhampton lofts.

The apartments will range in price from £100,000 to £1 million and are aimed at professional people attracted to city life.

Emma Randle, associate solicitor at Lodders, said;

“This is a very exciting development. It is probably the largest regeneration project of its kind in the Midlands and is attracting a great deal of interest. We are delighted to be involved in the work.”
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CWN / Business / Newswire / Lodders / 15 Jun 00

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