Location:
The property at is ideally located just 2 miles northeast of Birmingham City Centre, making it highly convenient for accessing the city’s extensive amenities and business districts. The area is well-connected by public transport, with frequent bus services and nearby railway stations providing easy routes into the city. The nearest motorway is the M6, less than 2 miles away, offering quick and efficient travel to various parts of the UK. Aston itself is a vibrant and diverse community, with a wide range of local amenities including shops, schools, and parks. The property is also close to major landmarks such as Aston Hall and Villa Park, home to Aston Villa Football Club. Additionally, the nearby Aston University and Birmingham City University campuses add to the area’s appeal for students and professionals. Overall, this location offers urban convenience with strong transport links and a rich local heritage.
Description:
The property comprises of a comprises of a detached portal frame building with block and brickwork elevations with insulated pitched roof over incorporating translucent roof lights. Internally, the property benefits from a concrete floor, full height brick elevations, fluorescent strip lights, security grills to windows, inset ceiling lights, W/C and kitchen facilities. There is a lean-to structure to the side of the property. To the front of the property is a secure yard with palisade fencing.
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.
Tenure / Price:
The property is let on a 10-year lease with effect from 1st February 2023 at a passing rent of £30,000 per annum exclusive. The rent is to increase to £33,000 per annum exclusive from 1st February 2025 with rent reviews every two years thereafter. There is a tenant only break option on 31st January 2028.
The property is held on a 99-year long lease with effect from January 1987 at a ground rent of £14,000 per annum, subject to rent reviews every 7 years. The long leasehold interest is available at a quoting price of £250,000.
Business Rates:
The property is currently listed within the 2023 rating listing as having a rateable value of £21,000. Rates payable will be in the region of £10,479.00 per annum respectively.
Interested parties are advised to make their own enquiries to Birmingham City Council on 0121 303 5511.
VAT:
We understand that the property is not elected for VAT.
Legal Costs:
Each party to be responsible for their own legal costs incurred during this transaction.
