Birmingham’s historic Typhoo tea factory has been sold to a private investor.

The site on the corner of Bordesley Street and New Canal Street in Digbeth includes a 150,000 sq ft warehouse and office space and has existing planning consent for a mixed-use scheme including 353 residential flats, 5,220 sq ft of commercial property and 188 car parking spaces.

The site was sold by Jones Lang Lasalle on behalf of Allsop.

Simon Dicken, associate director at JLL in Birmingham, said: “This landmark and historic site, well located near to the city centre, also falls within the proposed Eastside project a significant regeneration area which will extend Birmingham out to the east.”

The building was considered state-of-the-art when constructed in the 1930s and was said to have been inspired by the German Bauhaus School of architecture.

Production of tea remained at this site until 1978. The building has been used since for various uses but has been vacant since the eve of the millennium.