37 WARSTONE LANE, JEWELLERY QUARTER, BIRMINGHAM, B18 6JQ

THREE STOREY RETAIL PREMISES – LEASE FOR SALE

Business

Office

Retail

Showroom

SOLD

£35,000
Location:

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.

Description:

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.

Accommodation
Ground Floor
516 Sq Ft
48 Sq M
First Floor
516 Sq Ft
48 Sq M
Second Floor
296 Sq Ft
27 Sq M
Total Sq Ft:
1,325 Sq Ft
Total Sq M:
123 Sq M
Energy Performance Certificate:

Details available upon request.

Services:

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.

Planning:

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 £35,000 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.
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.

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

Stay up to date

Get our latest properties directly to your inbox. Sign up below and we’ll send you our weekly updates:




Enquiries