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Sherborne Street - Birmingham

Office for sale

£ 230000 For Sale / To Let

Office for sale

£ 230000 For Sale / To Let

  • LOCATION
    These ground floor commercial premises form part of the extensive Jupiter complex and are located in a prominent corner position at the intersection of Sherborne Street and Ryland Street approximately 500 metres from Broad Street and 250 metres from Brindley Place and Gas Street Basin. The Jupiter complex, built by Redrow Homes, falls within a residential "hotspot" of exclusive developments offering considerable footfall. Within a short walk from the property, one can find Broad Street, the entertainment/leisure sector of Birmingham, Brindley Place with its historic canal system, the UCI multi screen cinema, a number of bars, high quality restaurants and theatres, the Sea Life Centre, the National Indoor Arena, the new Birmingham library, the International Convention Centre and Symphony Hall, the home of the City of Birmingham Symphony Orchestra. The premises offer easy access to the main commercial and shopping areas, the M6, Snow Hill and Five Ways Stations, the Metro link and Grand Central Station and regular trains from here operate to London and Birmingham International for the NEC and Birmingham International Airport.

    DESCRIPTION
    The property itself boasts approximately 1,000 square feet (93 square metres) of useable space and has been sumptuously designed and fitted out using high quality materials. The fit out costs alone were in excess of £80,000 and any buyer would benefit from these improvements. The owners used the premises as consultation rooms for their cosmetic surgery business and consequently required an impressive base from which to conduct their business. The property benefits from a main office with all the necessary computer cabling, two consultation rooms, a fully equipped disabled toilet and a functional and attractive kitchen. There is considerable storage available in the storage room and the plethora of fitted cupboards and, in addition, the office also has security shutters for the expansive floor to ceiling windows running the full length of the main office, a security alarm system, a fire alarm, an advanced heating/cooling system and a security entry system. The seller will include all of the fixtures and fittings currently at the property within the asking price and last, but not least, the property comes with two secure parking spaces.

    The premises are leasehold for a period of 125 years from 1st March 2004 and the ground rent is £150pa.

    ACCOMMODATION
    Main Office
    13.23m x 4.57m (irregular shape)
    Two glass entry doors with double lock, code operated magnetic release and chrome handles
    Glass panel above
    Electrically operated security shutter
    Expansive, double glazed, display windows running the full length of the property also with security shutters
    External intercom
    Security alarm system
    Fire alarm system
    Carpeted or tiled flooring
    Suspended ceiling incorporating recessed or suspended designer lighting and designer shaped ceiling panels
    Warm/cool air system with recessed vents incorporated within the ceiling
    Recessed designer shelving
    Floor to ceiling, fitted, storage cupboards
    Ample electric, telephone and computer points
    A suspended television screen
    Internal door release
    Smoke alarms
    Curved designer walls

    Kitchen
    2.32m x 2.23m
    Tiled floor
    Base and wall units with burgundy doors and chrome handles
    Granite effect work surface incorporating a stainless steel sink and drainer and a chrome mixer tap
    Tiled splashback
    Fire alarm console
    Integral fridge
    Integral microwave
    Electric wall sockets
    Recessed ceiling lighting
    Wall mounted fuse box
    Wall mounted temperature control panel
    Recessed ceiling heating/cooling vents
    Door off to storage room (2.10m x 1.83m) with tiled floor, shelving, wall mounted box for server, recessed lighting, electric wall sockets and a passive ceiling extractor

    Inner vestibule leading to toilet and two consultation rooms
    Tiled floor
    Recessed lighting
    Smoke alarm
    Electric wall sockets

    Consultation Room One
    5.11m x 4.10m
    Carpeted flooring
    Suspended ceiling with recessed lighting
    Floor to ceiling storage cupboards
    Electric wall sockets
    Wall mounted washbasin with soap dispenser
    Recessed ceiling heating/cooling vents

    Consultation Room Two
    4.43m x 3.45m
    Stone effect flooring
    Suspended ceiling with recessed lighting
    Recessed ceiling heating/cooling vents
    Floor to ceiling storage cupboard
    Electric wall sockets
    Wall mounted wash basin with a splashback
    Soap dispenser
    Computer points

    Disabled toilet
    2.20m x 1.47m
    Tiled floor and walls
    Suspended ceiling with recessed lighting
    Ceiling extractor
    Toilet with disabled handrail
    Wall mounted washbasin
    Mirror with two handrails to either side
    Warm air hand dryer
    Panic alarm

    SERVICES
    All of the mains services are connected except gas.

    TERMS
    The property can be sold on a long leasehold basis (the Vendor holds a 125 year lease from 1st March 2004)
    or it can be let on the following terms:
    1) Minimum three year lease at an annual rent of £20,000
    2) Tenant to be responsible for the payment of the service charge and the building insurance
    3) Tenant to be responsible for the business rates and all utility bills
    4) The tenant will be responsible for telephone connection and all associated costs
    5) Each party will pay their own legal fees
    6) Full references will be required together with a security deposit representing two month's rent which will be returned at the end of the term provided the covenants in the lease have been adhered to.

    OUTGOINGS
    Rateable value: £12,000 pa.

    VAT
    We have been verbally advised that VAT is not payable on the rent or the purchase price however, for the purpose of clarification, all figures must be regarded as being exclusive of VAT (if applicable).

    LEGAL COSTS
    Each party to pay their own legal fees

    SERVICE CHARGE
    Service charge information has been requested.

    PARKING NOTES
    The property comes with two secure parking spaces.

    PLANNING
    Any buyer or tenant will have to make their own enquiries as to whether planning permission will be required for the use to which they propose to put the property.

    OTHER
    DETAILS AND INFORMATION

    Misrepresentation Act 1967. These details are prepared as a general guide only and must not be relied on as a basis to enter legal binding obligations. A prospective buyer/tenant should rely upon his/her own inspection, surveyor and/or solicitor before any expenditure or legal commitment. If a prospective buyer/tenant does wish to rely upon these particulars Arkade Property would be happy to provide specific written verification. Verbal representation will be made in good faith but cannot be relied upon. Subjective comments in these particulars are the opinion of Arkade Property only.

    Arkade Property has not tested any apparatus, equipment, fixtures, fittings or services and do not warrant that they are in good working order. The prospective buyerÂ’s/tenant's solicitor must ensure that these are owned by the landlord and not subject to hire purchase or other conditional sale agreement. Arkade Property has not checked legal documentation and the solicitor should verify the tenure of the property and all restrictive and other covenants. Measurements and distances are approximate and for guidance only. Where rooms are irregular, only the maximum dimensions are given. Please note that all but three of the rooms are irregular in shape.

    Fixtures and Fittings: All those items mentioned in these particulars by way of fixtures and fittings are included in the sale price. Others, if any, are excluded.

    Tenure: The property will be offered on a long/short leasehold basis.

    Local Authority: Birmingham City Council. Rateable Value - £12,000.

    Land: It is suggested that prior to exchange of contracts, prospective tenants measure the extent of the property in order to satisfy themselves as to the exact area of the property they are buying/letting and also to check all fixtures and fittings either included or excluded in the sale.

    VAT: All prices quoted are exclusive of VAT where applicable.

    Energy Performance Certificate

    See annexed

    Arkade Property would be happy to carry out a free valuation and selling appraisal of your property without obligation
    If you would like to let out your property or rent a property, please contact our Lettings Department

    Arkade Property has a residential department which would be pleased to provide advice and assistance in respect thereof.

    Mortgage Advice: We would be happy to refer any enquiries concerning a mortgage to specialist independent consultants.

    • Postcode: B16 8FN
    • Region: West Midlands

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Arkade Property Limited
41 Warstone Lane
Birmingham
B18 6JJ

Lettings: 0121 212 3044
Sales: 0121 236 9918

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Arkade Property Team

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