The property is located in a prominent position on Newhall Street on the junction with Lionel Street in the heart of the city’s established professional business district. The property is within close walking distance of both Snow Hill and New Street mainline railway stations. There are extensive retail facilities located close by together with many restaurants and bars.
The property comprises a self-contained office/retail on the lower ground floor. Internally the premises comprises of part laminate & part carpeted flooring, plaster & painted walls & ceilings, wall mounted electric heaters, air conditioning, fluorescent strip lighting, alarm, a kitchenette and WC facilities. Externally there is an electric roller shutter to the front. We have also been informed that there are 3 car parking spaces within the basement area.
Energy Performance Certificate:
Details available upon request.
We are advised all main services are connected.
We have been informed by the landlord that planning permission has been granted for B1 use.
Please refer any queries to Birmingham City Council Planning Department on 0121 303 1115.
Tenure / Price:
The property is available at a quoting rent of £10,000 per annum on a FRI basis, subject to contract. Alternatively, the long leasehold is available at a quoting price of £149,950.
Service Charge:We understand that a service charge is to be levied to cover the maintenance of the car park and the external maintenance. The service charge cost is approximately £1,410.52 per annum.
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.