SOLD
Location:
The unit is situated on Monarch Industrial Estate, just off King’s Road within the well-established industrial area of Tyseley. The site is located mid-way between Birmingham International Airport, NEC and Birmingham City Centre. The unit has excellent motorway connections being just a short drive from the M42 approximately 5.7 miles, M6 approximately 6 miles and M40 approximately 8.8 miles. There is also a regular rail link into Birmingham New Street via Tyseley station with an approximate journey time of 19 minutes.
Description:
The premises are situated in a row of terraced industrial units of brick elevations surmounted by a double pitched roof incorporating glass panels. Internally the unit benefits from a light metal truss roof, concrete floor, three phase electricity, fluorescent strip lighting, gas warm air blower heater, manual roller shutter, kitchenette & WC facilities. The property has offices located at first and second floor level, which have a mixture of carpet and tiled cover floors, suspended ceiling with CAT 2 lighting and gas fired central heating, WC facilities and air conditioning in part. Externally there is a shared yard and car parking to the front of the unit.
Accommodation
Energy Performance Certificate:
Details available upon request.
Services:
We are advised all main services are connected to include mains gas, water and three phase 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 available at a rent of £450,000, subject to contract. Terms to be agreed
We understand that the property is let on a 6-month rolling lease at a passing rent of £32,500 per annum exclusive. Further details are available upon request.
Business Rates:
The property is currently listed within the 2017 rating listing as have a rateable value of £16,750. Rates payable will be in the region of £8,358.25 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.
