Office for sale in Commercial Street, Birmingham City Centre B1
£879,788 (£262.47/sq. ft)
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- Prominent, city centre location
- Adjacent to the landmark Mailbox development/bbc studios
- Well served by public transport
- Ground floor access and dda compliant facilities
- Raised access flooring
- Air conditioned
- Impressive atrium entrance
- Excellent natural light
- 3 spaces in a secure gated car park
Oldfield Smith & Co are pleased to offer for sale or to let an exceptional suite of offices in Birmingham City Centre.
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.
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)
The property is offered for sale with the residue of the original long lease available at £879,788. The lease was granted in 2005 for a term of 125 years and so the remaining term is approximately 110 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.
Note : The property is presently occupied by Kadampa Meditation Centre under a temporary agreement, but will be offered with full vacant possession at completion.
* Sizes listed are approximate. Please contact the agent to confirm actual size.
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Oldfield Smith, and do not constitute property particulars. Please contact Oldfield Smith for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.
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