33a, 35 & 37 VITTORIA STREET, JEWELLERY QUARTER, BIRMINGHAM, B1 3ND

SELF-CONTAINED OFFICE PREMISES WITH ON SITE CAR PARK – INCOME PRODUCING – FREEHOLD

Investment

Office

£1,450,000
Location:

The property is located on Vittoria Street in the heart of the Jewellery Quarter approximately a quarter of a mile north west of Birmingham City Centre some 300 metres from St Pauls Square. Birmingham Middle Road (A4540) is within a quarter of a mile and in turn provides access to all main arterial routes within the city, including the M6 motorway at junction 6 via the A38(M) Aston Expressway.

Description:

The property comprises of three self-contained mid-terraced three storey Grade II listed buildings of brick-built construction surmounted by a pitched slate roof. Two of the buildings are accessed direct from Vittoria St via a communal door with the third being set back from the main road, accessed via a passageway. Internally, the two buildings at the front have been subdivided to create a variety of rooms which are being utilised for storage but can be used as office space.

The building benefits from plaster & painted walls, inset ceiling light points, wooden floors, wooden framed windows, gas fired central heating, power points, a kitchen & WC facilities. The office at the rear has been fitted out to a high standard and benefits from plaster & painted walls, carpets, inset ceiling light points, fluorescent strip lighting, gas fired central heating, perimeter trunking, network cabling, metal framed windows with secondary glazing, various kitchen & WC facilities are located throughout the building. There is also secure car parking located within the site for up to 12 vehicles

Accommodation
33a Vittoria Street
4,402 Sq Ft
409 Sq M
35 Vittoria Street
1,516 Sq Ft
141 Sq M
37 Vittoria Street
1,516 Sq Ft
141 Sq M
Total Sq Ft:
7,434 Sq Ft
Total Sq M:
691 Sq M
Energy Performance Certificate:

Details available upon request.

Services:

We are advised all main services are connected.

Tenure / Price:

The entire property is currently let on a 5-year lease with effect from 5th November 2018 at a passing rent of £95,000 per annum exclusive. There is a mutual break option at the third anniversary upon giving 6 months’ notice to either party. The freehold interest is available for sale at a quoting price of £1,450,000, subject to contract.

Business Rates:
Interested parties are advised to make their own enquiries to Birmingham City Council on 0121 303 5511.
VAT:

The Vendor confirms that the property is elected for VAT and it is envisaged that the property will be sold as a transfer of a going concern.

Legal Costs:

Each party to be responsible for their own legal costs incurred during this transaction.

Viewing:
Strictly by prior appointment with the sole agents,
Mason Young Property Consultants.
Contact Details:
Arjamand Farooqui BSc (Hons)
Tel: 0121 285 3535
Mob: 07929 410 481
Email: af@masonyoung.co.uk

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