Location:
The property is prominently situated on the busy Stratford Road (A34) in the heart of Sparkhill, a well-established commercial area approximately 3 miles south-east of Birmingham City Centre. The location benefits from excellent transport links, with easy access to the A41 and A45, providing direct routes to the M42 and M6 Motorways. The area is well served by local bus routes offering regular connections to Birmingham City Centre and surrounding suburbs, with Hall Green Train Station located approximately 1.5 miles to the south. The property benefits from strong visibility and high footfall along a main arterial route linking Birmingham with Solihull and beyond.
Description:
The property comprises a ground floor retail unit forming part of a parade of shops of brick-built construction with a flat roof over. Internally, the accommodation benefits from a glazed shop front with electric metal shutters, laminated flooring, plastered and painted walls and inset light points throughout. The property has been split to create cellular offices benefitting from glazed partitions and ensuite WC facilities. To the rear, there is a kitchen, store and W/C facilities.
Accommodation
Energy Performance Certificate:
Details available upon request.
Services:
We are advised all main services are connected to include mains water and electricity.
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:
Interested parties should contact Birmingham City Council Planning Department on 0121 303 1115.
Tenure / Price:
The property is let on an existing lease based on a 10-year term with effect from 20th July 2023 with a tenant only break option at Year 5. The passing rent is £35,000 per annum exclusive. The lease is subject to a rent review at the 3rd & 5th anniversary and then every 3rd anniversary thereafter.
A premium of £60,000 is sought in respect of the fixtures and fittings. 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.
