The building is situated on a prominent location fronting on Barn Street in Digbeth, which enjoys close proximity to the Bull Ring Shopping Centre. The property also backs onto Pickford Street with both streets being accessible from Fazeley Street and linking with Eastside and the proposed HS2 terminus at Curzon Street. Birmingham City Centre lies approximately ¼ mile east. The A4540 Lawley Middleway is approximately 0.5 miles south of the A38 Aston Expressway.
The premises comprise of a number of interconnecting industrial units of steel truss roof construction with full height brick construction surmounted by a pitched insulated roof incorporating translucent roof panels. The warehouse accommodation benefits from concrete flooring, strip and high bay lighting, three phase power supply, gas fired ambi-rad and blower heating, WC and kitchen facilities. There are further partitioned offices which are situated to the rear of the property and are accessed via a hallway. There are two large dock level loading doors located off Barn Street providing accessible loading as well as pedestrian doors on the same frontage.
Energy Performance Certificate:
Details available upon request.
We are advised all main services are connected to include mains gas, water and three phase electricity, however, we have not tested any of the services and any potential occupier must satisfy themselves in this regard.
We have been informed planning was granted for B2 & B8 Use.
Interested parties should contact Birmingham City Council Planning Department on 0121 303 1115.
Tenure / Price:
The property is available at a rent of £3.00 per sq ft per annum, subject to contract. Alternatively, the long leasehold interest is available at a quoting price of £975,000, subject to contract.
The property is long leasehold held on a 72 year term from 1973 and expires in September 2045. The current ground rent for the combined sites is £6,414.44 per annum.
The property is currently listed within the 2017 rating listing as having a rateable value of £31,250. Rates payable will be in the region of £15,593.75 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.