RECENTLY REDUCED
Location:
The property occupies a prominent position fronting the main B4100 Constitution Hill. The B4100 is a main arterial route leading into Birmingham City Centre, which is approximately 0.8 miles from the subject premises and provides access to Junction 1 of the M5 motorway. The historic St Pauls Square is in close proximity. The Jewellery Quarter train station, located nearby, is well connected and provides transport links across the city. The A38(M) is approximately ½ a mile distant which in turn connects to the wider motorway network.
Description:
The premises comprises a mid-terraced three storey building of brick-built construction surmounted by a pitched slate roof. Internally the property benefits from plastered and painted walls, laminate flooring and suspended ceiling, the property consists of retail/office space on the ground floor and further accommodation on the first and second floor. Externally the premises benefit from an electric metal roller shutter to the front.
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 £300,000, subject to contract. The property is occupied under a lease expiring 9th December 2022 at a passing rent of £11,400 per annum.
Business Rates:
The property is currently listed within the 2017 rating listing as have a rateable value of £8,400. Rates payable will be in the region of £4,192 per annum. Small business rates 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 not elected for VAT.
Legal Costs:
Each party to be responsible for their own legal costs incurred during this transaction.
