The premises are situated in a prominent position on Lancaster Circus accessed via the A34 Newtown Row being one of Birminghamâ€™s main arterial routes into the city. The property benefits from its prominent location with a wide range of trades represented in the vicinity as well as the local universities. Birmingham City Centre is located less than 0.5 miles from the subject premises.
The property comprises of a new build mixed use scheme offering open plan retail accommodation on the ground floor and residential accommodation above. There will be one commercial unit benefitting from A1 retail use. The unit will be built to shell & core with capped services and no on-site parking.
Energy Performance Certificate:
Details available upon request.
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 property is available on a leasehold basis at £48,000 per annum exclusive. Terms to be agreed.
The property is awaiting assessment by the VOA.
Interested parties are advised to make their own enquiries to Birmingham City Council on 0121 303 5511.
We understand that the property is elected for VAT.
Each party to be responsible for their own legal costs incurred during this transaction.