The property comprises a freehold Grade II listed building in the heart of Birmingham City Centre. The property benefits from full planning permission for over 131,158 sq ft (12,185 sq m) (GIA) of accommodation comprising up to a 155-bedroom hotel, with a rooftop restaurant, internal demolition and alterations for the provision of food and beverage units, meeting rooms, a gym and retail (Class E use), restoration of the auditorium for the retention of use as an event space (Sui Generis).