The premises are situated on the corner of Caroline St & Mary Street, within close proximity to St Pauls Square. The centre of the Jewellery Quarter is approximately 10 minutes’ walk from the subject premises. It is also close to the main Great Hampton Street (A41) which links to Birmingham City Centre, the inner ring road and the M5/M6 motorway. The Jewellery Quarter and St Paul’s metro station are approximately within 10 minutes walk giving direct access to Birmingham Snow Hill & New Street station.
The premises comprise of a three storey end-terraced building of brick built construction surmounted by a flat roof. Internally the property is divided into various rooms over the first and second floors. Internally, the property benefits from carpets, power points, suspended ceilings incorporating CAT 2 lighting, air conditioning, intercom entry system, a kitchen & WC facilities.
Energy Performance Certificate:
Details available upon request.
We are advised all main services are connected.
Tenure / Price:
The ground floor is available on a leasehold basis at a quoting rent of £20,000 per annum exclusive, subject to contract.
Alternatively the Freehold interest for the whole property is available at a quoting price of £750,000.
The property is currently listed within the 2010 rating listing as having a rateable value of £13,750 for the ground floor & first floor. Rates payable will be in the region of £6,778.75 per annum. Small business rate relief may apply.
Interested parties are advised to make their own enquiries to Birmingham City Council on 0121 303 5511.
The property is not elected for VAT.
Each party to be responsible for their own legal costs incurred during this transaction.