The property is situated in a prominent location fronting Warstone Lane, within walking distance from the Chamberlain Clock, being the heart of the Jewellery Quarter. Birmingham City Centre is situated approximately one mile from the subject premises.
The property comprises of a three storey mid-terraced building of brick-built construction surmounted by a pitched slate roof. The retail accommodation is located on the ground floor with office & workshop accommodation on the upper floors. Internally the property benefits from tiled floors, plaster & painted walls & ceiling, power points, inset ceiling lights, air conditioning, an alarm, a kitchenette and WC facilities. There is an electric metal roller shutter to the front of the premises.
Energy Performance Certificate:
Details available upon request.
We are advised all main services are connected.
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.
We have been informed that planning permission has been granted for A1 retail use.
Interested parties should contact Birmingham City Council Planning Department on 0121 303 1115.
Tenure / Price:
The property is let on a 3-year FRI lease with effect from 7th September 2017 at a passing rent of £27,600 per annum exclusive.
A premium of £50,000 is sought in respect of the fixtures and fittings & goodwill. Further details are available upon request
Business Rates:Interested parties are advised to make their own enquiries to Birmingham City Council on 0121 303 5511.
We understand that the property is not elected for VAT.
Each party to be responsible for their own legal costs incurred during this transaction.