SOLD
Location:
The premises are situated on Powell Street which is a one-way street, close to the junction of Camden Street in the Jewellery Quarter. The property can also be accessed via the main B4135 Summer Hill Road, which provides access to both Birmingham City Centre and Ladywood. The surrounding area is predominantly commercial; however, a number of residential apartment schemes are located in close proximity.
Inside Clean Air Zone.
Description:
The property comprises of a three storey building of brick built construction surmounted by a flat roof. Internally, the property is arranged to provide cellular office accommodation over three floors and benefits from carpet covered floors, plastered and painted walls, suspended ceiling with LED lighting, gas central heating, kitchen and separate WC accommodation. Externally, there is a secure car park to the rear providing 10 car parking spaces.
Accommodation
Energy Performance Certificate:
Details available upon request.
Services:
We are advised all main services are connected to include mains gas, water and electricity.
Mason Young Property Consultants has not checked and does not accept responsibility for any of the services within this property and would suggest that any in-going tenant or occupier satisfies themselves in this regard.
Planning:
Interested parties should contact Birmingham City Council Planning Department on 0121 303 1115.
Tenure / Price:
The freehold interest is available at a quoting price of £495,000 subject to contract.
The property is also available on a leasehold basis at a quoting rent of £25,000 per annum exclusive.
Business Rates:
The property is currently listed within the 2017 rating listing as having a rateable value of £23,750. Rates payable will be in the region of £11,851.25 per annum respectively. Small business rate relief may apply.
Interested parties are advised to make their own enquiries to Birmingham City Council on 0121 303 5511.
VAT:
We understand that the property is elected for VAT.
Legal Costs:
Each party to be responsible for their own legal costs incurred during this transaction.
