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Agent's details

Commercial Street, Birmingham City Centre

For sale: £875,000.00|To rent: £19.54 Per Sq Ft|3,352 Sq Ft|Office, Offices

Property details

FOR SALE£875,000.00
TO RENT£19.54 Per Sq Ft
SIZE3,352 Sq Ft
ADDRESSCommercial Street, Birmingham City Centre, Birmingham, B1 1RS
TYPEOffice, Offices
TENURETo Let, For Sale Freehold, For Sale Leasehold
POSTED ON9th November 2021

Description

Key Points

  • Prominent, city centre location
  • Adjacent to the landmark Mailbox development/bbc studios
  • Ground floor access and dda compliant facilities
  • Air conditioned
  • Impressive atrium entrance
  • 3 spaces in a secure gated car park
  • Summary

    Office For Sale or To Let

    Description

    The suite comprises a self contained unit with its own direct and prominent entrance to Commercial Street. This leads to a full height atrium reception area with marble tiled flooring and feature lighting. Accommodation is arranged over two levels, with a staircase and disabled access lift connecting both floors. The ground floor contains a fitted kitchen area and a partitioned office/meeting room. There are also well fitted WCs with separate male, female and disabled facilities. The remainder of the space is open-plan but could be partitioned to suite the needs of the occupier. The suite benefits from large dual aspect windows at both levels. These provide exceptionally good levels of internal natural light and also maximum flexibility in terms of internal fit-out. 3 car parking spaces are provided in the adjacent underground car park, which is accessed by a secure motorised gate with remote control for maximum convenience. There is a door from the lower level of the suite which gives direct internal access to the car parking area. The ground floor has a net internal area of 163.32 sq m (1,758 sq ft) and the first floor 148.09 sq m (1,594 sq ft). Total net internal area 311.41 sq m (3,352 sq ft)

    Location

    Located on Commercial Street, the property is within a few hundred metres of the iconic Mailbox development, which contains the BBC studios as well as designer shops and restaurants. Also close by is the Cube, with offices, shops, a hotel and a skyline restaurant. There is easy access to canal-side walks and cafes, making this an ideal location for both business and leisure.

    Terms

    The property is offered for sale with the residue of the original long lease available at £875,000. The lease was granted in 2005 for a term of 125 years and so the remaining term is approximately 109 years. Full details of the lease are available on application. Alternatively consideration will be given to letting the property on normal effectively fully repairing and insuring terms at a rent of £65,500 per annum. The property is elected for tax and VAT will be payable on the rent and purchase price; the figures shown are net of tax.

    Promo

    Prime offices with parking

    Location

    marker
    Location: Commercial Street, Birmingham City Centre, Birmingham, B1 1RS

    Birmingham New Street (0.3 miles)

    Five Ways (0.5 miles)

    Birmingham Moor Street (0.6 miles)

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