Location

The property is located in a very prominent position on New John Street West, close to its junction with the A34/B4114 New Town Road. The property is set back from the road with a dedicated loading/unloading/customer collection bay (not chargeable but time limited) making it excellent for “trade counter” style uses.

Description

The property comprises a main open plan workshop/warehouse with a similarly constructed extension to maximise the internal working/storage space. Across the front of the property is a two storey structure which provides support space at ground level and offices at first floor level.

Accommodation

Ground floor                               2,936 sqft          272.80 sqm

First floor                                      495 sqft           45.90 sqm

Totals                                         3,430 sqft        318.70 sqm

Planning Policy

The area is designated as a “Core Employment Area”. The property has a long and established history as a commercial/industrial use. All specific planning enquiries should be directed to Birmingham City Council.

Services

The property has mains gas, water, electricity and drainage.

Tenure

Long leasehold. The property is held on a lease for a term of 99 years from 30^th April 1973. The ground rent payable is currently £2,668.26 per annum and is next due for review 30^th April 2036.

EPC

The property has a valid EPC indicating a rating of E (111).

VAT

It is understood that the property is not registered for VAT.

Price

The Long Leasehold interest is offered at with a guide price of £215,000.

Vacant Possession

The property will be sold with Vacant Possession.

Legal Costs

Each party to bear their own legal and professional costs incurred in this transaction.

Viewing

By appointment only. Parties should be aware that block viewings might be conducted.