Restaurant/cafe to let in 55 Newhall Street, Birmingham B3

£85,000 pa (£15.37/sq. ft. pa)
5,532 sq. ft*
Interested in this property? Call +44 121 721 9881 * or Request Details

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Property features

  • Prominent Location
  • Dda Compliant
  • Restaurant Consent
  • Premium Applicable

Property description

Location
The property lies at the heart of Birmingham's business district, on Newhall Street, close to the junction with Great Charles Street Queensway. Snow Hill and New Street railway stations are within walking distance and only a 5 minute drive from junction 6 of the M6 and 20 minutes from junction 6 of the M42 which provides direct access to the wider motorway network including the nec, Birmingham International Airport and Birmingham International Railway Station.

Description
The premises comprise of an attractive four storey character building of red brick construction with a white concrete façade. Internally the property is split to provide a self-contained restaurant on the ground and basement floors with various office suites arranged over the upper floors which are accessed via glazed aluminium doors off the main Newhall Street. The bar & restaurant is of open plan configuration and benefits from laminated flooring, plaster & painted walls & ceilings and air conditioning. The main kitchen is on the lower floor as well as storage rooms and WC facilities. On the first floor there is also a separate function room available by separate negotiation.

Planning
We have been informed by the landlord that planning permission has been granted for A3/A4 bar & restaurant use. This makes it suitable for a variety of retail uses.

Please refer any queries to Birmingham City Council Planning Department.

Services
We are advised all main services are connected.

Tenure/Rent
The restaurant premises are available on an iri basis, subject to contract. The quoting rent is based upon £85,000 per annum exclusive. A premium of £100,000 is sought in respect of the fixtures & fittings. Further details available upon request.

Service Charge
We understand that a service charge is to be levied to cover the cost of services provided by the Landlord.

Business Rates
The property is currently listed within the 2017 rating listing as having a rateable value of £25,750. Rates payable will be in the region of £12,334.25 per annum.

Interested parties are advised to make their own enquiries to Birmingham City Council.

VAT
The property is elected for VAT.

Viewing
Strictly by prior appointment with the sole letting agents, Mason Young Property Consultants.

Property info

Nearby transport

  • Birmingham Snow Hill (0.2 miles)
  • Birmingham New Street (0.3 miles)
  • Birmingham Moor Street (0.5 miles)
  • Birmingham International Airport (6.8 miles)
  • Coventry Airport (19.5 miles)
  • East Midlands Airport (34.1 miles)
  • Sharpness Old Docks (57.9 miles)
  • Lydney Harbour (59.2 miles)
  • Bristol Docks Ferry Landing (75.8 miles)

Nearby schools

View all schools in Birmingham
  • Nelson Junior and Infant School (0.6 miles)
  • St George's Church of England Academy, Newtown (0.6 miles)
  • St Chad's Catholic Primary School (0.7 miles)
  • St Georges Academy (0.6 miles)
  • Birmingham Ormiston Academy (0.6 miles)
  • CUL Academy Trust (1.3 miles)
  • City Academy (0.2 miles)
  • Perry Beeches IV - The Free School (0.5 miles)
  • Perry Beeches III the Free School (0.7 miles)
Note: Distance is shown as a straight line measurement

Local info for Birmingham

About the neighbours in B3

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

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For more information about this property, please contact
Mason Young Property Consultants, B18 on +44 121 721 9881 * (local rate)

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