UNDER OFFER
Location:
The property is situated on Water Street which is accessed off Ludgate Hill. The property is a short walk from Birmingham City Centre and is located within close proximity to Snow Hill Metro Station and New Street Station. The A38(M) Aston Expressway is located approximately 1 mile from the subject premises.
Description:
The property is a two storey cottage of traditional brickwork construction surmounted by a pitched slate roof. Internally the offices are arranged over both floors and benefits from carpets, plaster and painted walls and ceilings, gas central heating, network points, a kitchenette & WC facilities.
Accommodation
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.
Tenure / Price:
The right hand side on the ground floor is held on a 99 year long lease with effect from 20th March 1980 to E-On. The area contains an electricity substation and briefly provides that any associate of E-On has uninterrupted right to inspect and/or repair the equipment contained in the leased area. Further details upon request.
The freehold interest is available at a quoting price of £430,000. Terms to be agreed.
Business Rates:
The property is currently listed within the 2015 rating listing as have a rateable value of £12,000. Rates payable will be in the region of £5,748 per annum.
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.
