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.
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
Energy Performance Certificate:
Details available upon request.
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.
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.
Each party to be responsible for their own legal costs incurred during this transaction.