Office for sale
Property description & features
- Tenure: Freehold
The Moat House comprises a substantial and impressive Grade II* Listed property built in Circa 1680 by Sir William Wilson (1641-1710), for his own occupation.
The building is arranged over lower ground, ground, first, and second floors with each floor comprising a variety of office suites.
This unique property features a number of characterful features including a large reception area with an imposing fireplace, a feature staircase, and an impressive board room with barrelled windows overlooking the landscaped garden.
The property has been recently refurbished to a high standard blending modern standards with the timeless charm of the original features.
Externally the property benefits from secure car parking to the frontage.
The stables are situated at the rear of the Moat House and provide four self-contained offices, studios with independent entrances, and toilet and shower facilities.
The development benefits from many character features including exposed brick walls and timber roof trusses.
Location
The Moat House occupies a prominent location fronting Lichfield Road (A5127) in the heart of the affluent Sutton Coldfield.
The premises sit on the entrance to the Sutton Coldfield Campus of B-Met College, immediately opposite the Police Station and adjacent to Mitre Court, a multi-occupied office development.
The property is a short walking distance from the town centre and Sutton Coldfield Railway Station which has regular services to Birmingham New Street and Lichfield.
Sutton Coldfield is well located for access to the Midlands Motorway Network including the M42, M6, and M6 Toll.
Terms
Pricing/ Tenure
Offers in the region of £1,250,000 are sought, subject to a contract reflecting a Net Initial Yield of 9.23% (when assuming purchasers’ costs of 4.66%) and a low underlying Capital Value of £195 ft2.
VAT
All prices quoted are exclusive of VAT. However, it is envisaged the sale will be treated as a TOGC.
Energy Performance Certificate (EPC)
Energy Performance Certificate (EPC) available on request from the agent.
Services
We understand that all mains services are available on or adjacent to the subject property.
The agents have not inspected nor tested the condition of the services and interested parties are advised to conduct their own investigations.
Legal Costs
Each party is responsible for their own legal fees incurred during this transaction.
Viewings and Further Information
Viewings and further information strictly via the sole agent Siddall Jones.
Property information from this agent
Places of interest
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Property reference 119708-1. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Siddall Jones - Birmingham.
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Broadband availability and predicted speed
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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