Industrial for sale in 98 New Road, Rubery, Birmingham B45

Offers in region of £340,000 (£178.95/sq. ft)
Interested in this property? Call +44 121 659 8498 * or Request Details

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Industrial for sale

1,900 sq. ft*

Property description

Description

The property comprises a detached dance studio with residential flat at the rear.

The dance studio is set behind a tarmac driveway being single storey and comprising a welcoming reception area with welfare facilities and office area.

The main dance hall is immediately behind with an additional studio off to the left.

The residential accommodation is entered via a gated entrance from the side of the property with paved area and courtyard providing access to the flat.

The flat itself presents extremely well, having open plan lounge and kitchen area, with separate utility and bathroom/shower.

The bedroom is at mezzanine level and accessed via a small staircase form the lounge area.

The space has been recently refurbished and expertly designed to offer a modern feel and benefits from newly installed bifold windows.

Location

The property is situated on New Road, Rubery being just off the main shopping area and providing convenient access to the A38 which in turn provides quick and convenient access to the national motorway network at J4 of the M5 some 1.5 miles distant.

New Road, Rubery is the central shopping area for Rubery where national retailers including Savers, Tesco, Barclays Bank, Greggs and William Hill are represented.

Availability_Text

The accommodation comprises the following areas:

Price/Tenure

Offers in the region of at £340,000 are sought for the freehold interest, subject to contract.

Tenancy

The Dance School is let to Paul Cammack on a new 10-year lease from March 2023.

The rent is £14,400 per annum exclusive payable monthly and incorporates a 5 year upwards only rent review.

We understand the residential element has the potential to rent for £800-850 pcm.

VAT

All prices quoted are exclusive of VAT which we understand is not payable.

Energy Performance Certificate (EPC)

Energy Performance Certificate (EPC) Available upon request from the agent.

Money Laundering

The money laundering regulations require identification checks are undertaken for all parties purchasing/leasing property.

Before a business relationship can be formed, we will request proof of identification for the purchasing/leasing entity.

Legal Costs

Each party are to be responsible for their own legal fees incurred during this transaction.

Viewings And Further Information

Viewings and Further Information strictly via the sole selling agent Siddall Jones.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

Arrange Viewing

For more information about this property, please contact
Siddall Jones Limited, B18 on +44 121 659 8498 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Siddall Jones Limited, and do not constitute property particulars. Please contact Siddall Jones Limited 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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