Chamber unveils plans to relocate to new premises
The Greater Birmingham Chambers of Commerce (GBCC) has revealed plans to relocate to new premises at 54 Hagley Road by the end of the year.
The deal completed with abrdn Property Income Trust will see the GBCC move from Chamber of Commerce House in Harborne Road, and forms part of its three-year business plan and strategy.
Abdrn has also agreed a lease with FCN Group at 54 Hagley Road. Mark Blyth, deputy fund manager of abrdn said in an announcement on the stock exchange: “The lettings at 54 Hagley Road follow the 21,500 sq ft deal we exchanged in April, and account for a further 8,200 sq ft of space and secured £178,386 p.a. in rent”.
Established in 1813, the GBCC moved to Chamber of Commerce House in 1960 from its New Street headquarters it had occupied since 1916.
The offices were then formally opened by the then paymaster general Lord Hills and a new reception area was opened by Prime Minister John Major in 1996.
The GBCC will continue to operate from Chamber of Commerce House in Harborne Road until completion and a relocation date have been finalised.
Henrietta Brealey, chief executive of the GBCC, said: “Over recent months, we have worked closely with partners and key stakeholders to identify premises which will help fulfil our ongoing mission to connect, support and grow local businesses.
“We have exchanged contracts on the new premises and will be formally completing the move to our new building by the end of the year.
“It is a privilege to lead this organisation, which celebrates its 210th anniversary this year, as we continually evolve and grow our work with and on behalf of the city-region’s business community”.