Southside’s latest development, Timber Yard, has sold all nine of its commercial units – two years before building work is due to be completed.

The ground floor units, totalling approximately 8,000 sq ft, are set to be converted into two new restaurants and seven retail outlets.

Timber Yard is the first development in Birmingham by joint venture partners Galliard Homes and Apsley House Capital. The scheme, located on Pershore Street, comprises 379 studio, one, two and three bedroom apartments, plus the recently sold ground floor commercial space.

On-site amenities include concierge service, gym, screening room, residents’ club lounge and undercroft car parking.

More than 65 per cent of the scheme is already sold, with sales totalling £61million. The final phase of apartments has been released to meet buyer demand.

David Galman, sales director at Galliard Homes, said: “Southside, including the Gay Village and Chinese Quarter, is a culturally rich and diverse area of the city, with a thriving day and night-time economy. The mix of restaurants, bars, pubs and clubs is a popular draw for residents and visitors alike.

“Given Timber Yard’s prominent location in the heart of Southside, we fully expected the commercial element of the scheme to prove popular with retail and leisure operators who want to be part of the district’s ongoing success story. Whether shops, bars or restaurants, they will be a great addition for the area and a useful amenity for the residents of Timber Yard.”

Robin Norstrom, director at Apsley House Capital, added: “The commercial units at Timber Yard are an important extension to Hurst Street, continuing the run of shops, bars and restaurants down the street and expanding this vibrant area of the city.

“With up to 6.5 meters floor to ceiling height the units are the perfect blank canvas to create something alternative and quirky, ideal for the residents of Southside.”

Timber Yard is scheduled for completion in 2021. Prices for the final phase of apartments start from £194,995. For further sales information please contact either Galliard Homes on Tel: 0121 227 7071 or visit www.galliardhomes.com.