Suite 2, 137 Newhall Street, Birmingham, B3 1SF

A Virtual Freehold office premises to suit owner occupier or investor

Property details

Type Investment, Office
Tenure Virtual Freehold – 999 years from 2/3/1988 at a peppercorn ground rent.
Price Offers Invited
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Features
  • Much sought after location close to Colmore Row
  • Ideal opportunity for owner occupier – 1,876 sq. ft. (174.28 sq. m)
  • Electrically gated car park to the rear
  • Direct access to offices from car park
  • Commissionaire manned reception
  • Virtual Freehold – offers invited
  • Also available To Let on flexible lease terms
Location
The property occupies a prominent position on Newhall Street within the Jewellery Quarter conservation area and a short walk from Colmore Row. Birmingham City Centre is 0.25 mile away and Snow Hill railway and Metro Station , along with Grand Centre and the local transport infrastructure are all within walking distance. Newhall Street is just a short distance from the retail landmarks of Grand Central and Bullring and positioned midway between Paradise and Snowhill. 137 Newhall Street also enjoys close proximity to some of of Birmingham’s best bars, restaurants and coffee shops, including Purnell’s Bistro, The Ivy, Utopia, Hotel du Vin, Urban Coffee, Opus and Fazenda. The building also benefits from its proximity to Birmingham’s cultural attractions, including theatres, Birmingham Museum & Art Gallery, Town Hall, Symphony Hall and Arena Birmingham, giving staff the perfect opportunity for work life balance. While Newhall Street is easily accessible by car, with the nearby A38M offering direct connections to the national motorway network, it is also ideally situated to take advantage of Birmingham’s public transport connections. New Street Station – Birmingham’s busiest and most popular train station – is just a five minute walk away, while the Metro link runs to Snow Hill Station with connections to the International Convention Centre and beyond.
Description

137 Newhall Street is an attractive multi-occupied office development with a welcoming modernised reception area benefitting from commissionaire services and 24 hour access. There is an electronically gated car park to the rear which provides direct access to Suite 2, and the offices can also be accessed via a stairwell from the main reception along with lift access. Extending to 1,876 sq. ft. (174.28 sq m), suite 2 comprises predominantly open plan office space with a number of partitioned offices along the perimeter. Further benefits include, gas central heating, suspended ceilings, and direct access to the car park at the rear. The adjacent suite may also be available by separate negotiation, creating a total combined area of 4,063 sq. ft. ( 377.6 sq. m). Further details can be obtained via Bond Wolfe on 0121 525 0600.

Accommodation
Lower Ground Floor – 1,876 sq. ft. (174.28 sq. m)
Price
Offers are invited for the virtual freehold interest. Alternatively, the property is available to let on flexible lease terms at a quoting rent of £15 plus VAT per square foot.
VAT
We are advised that VAT is applicable in addition to any prices quoted within these particulars.
EPC
Available upon request.
Service Charge
All mains services are installed and the owner/tenant will be responsible for a Service Charge contribution towards the cost of services provided by the landlord.
Legal Costs
Each party are to responsible for their own legal costs that may be incurred in this transaction.
Anti Money Laundering
In accordance with Anti-Money Laundering Regulations, two forms of identity and confirmation of the source of funding will be required from the successful purchaser.