MapOffers in region of
£350,000Office for sale
Thornton Road, Ward End
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Office
Features and description
- Modern Commercial Development Built 2022.
- Desirable Commercial Location
- Three First Floor Office Units and One Second Floor Unit
- With Original 10 Year Build Warranty
- EPC Ratings All 'A'
- Offered with Vacant Possession
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A unique opportunity comprising x3 first floor office units and second floor storage unit in a MODERN DEVELOPMENT built in 2022. Each unit having sub-metered electric but with flexible accommodation to alter and modify to owner's own requirements/specifications. Comprising; Unit 1 - 70.15sq m (755 sq. ft), Unit 2 - 54.97 sq. metres (592 sq. ft), Unit 3 34.36 sq. metres (370 sq. ft), second floor storage unit 58.69 sq. metres (632 sq. ft). Tenure: Leasehold with 125 years at a peppercorn ground rent. EPC Ratings: A on all units.
Location
The property is situated on the corner of Thornton Road and Alum Rock Road, in a prominent location on Pelham Shopping Centre, in a densely populated residential location, conveniently situated; -Circa. 0.5 miles from Alum Rock & Fox & Goose District Shopping Centre. -Circa. 0.5 miles from upcoming Washwood Heath HS2 Service Depo. -Circa 0.9 miles from Birmingham Heartlands Hospital. -Circa. 2.8 miles from Aston and Birmingham City University. -Circa. 2.9 miles from upcoming Curzon Street HS2 Station into Birmingham City Centre. -Circa. 3.4 miles from Birmingham City Centre -Circa. 5.9 miles from Birmingham Airport.
Description
The first and second floor accommodation within a newly built three storey commercial development completed December 2022, following complete demolition of former retail unit. The accommodation consists of with three office units at first floor and large storage at the second floor area. Our client has advised the property is within 10 year New Build warranty. All 4 units have 'A'-rated EPCs. The building is largely block cavity wall constructed with some steel frame/beams, with all external walls rendered finish.
Accommodation
First Floor
Accessed via secure entry door from ground floor off Thornton Road with stairs leading to first floor corridor with doors leading into;
Unit 1, 63 Thornton Road
Main unit area, W.C. Total Net Internal Area - 70.15 sq. metres (755 sq. ft).
Unit 2, 63 Thornton Road
Customer Reception W.C., office Total Net Internal Area - 54.97sq. metres (592 sq. ft).
Unit 3, 63 Thornton Road
Office area, W.C. Total Net Internal Area - 34.36 sq. metres (370 sq. ft).
Unit 4, 63 Thornton Road (Second Floor)
With first floor hallway, stairs leading to second floor corridor, room one (16.09 sq. metres), kitchenette with W.C., room two (39.97sq. metres) with storeroom off (2.63 sq. metres) (client has advised that waste plumbing is in place which would accommodate W.C). Total Net Internal Area - 58.69 sq. metres (632 sq. ft).
Tenancy Agreements
Unit 2, 63 Thornton Road is currently let informally for £7,200 per annum. Whilst the unit can be offered with vacant possession on completion, the tenant has expressed a desire to remain in the property and a formal lease may be negotiable to be set up prior to completion subject to terms. The rest of the development is offered with vacant possession on completion.
Business Rates
-Unit 1, 63 Thorton Road - TBC-Unit 2, 63 Thornton Road - £5,600-Unit 3, 63 Thornton Road - £4,950-Unit 4, 63 Thornton Road (Second Floor Unit) - £5,800Qualifying letting applicants may be able to claim Small Business Rates Relief. Landlords could direct tenants to make enquiries with the Charging Authority, Birmingham City Council.
Services
3 Phase Electric supply, water, drainage. All units are sub metered off landlord's supply. There is a private landlord meter room accessed via secure entry door from Thornton Road.There are 4 main water supply lines to the building.There is a single gas line utilised by 63 Thornton Road in part.System of smoke detectors and emergency lighting are installed on site.
Lease Terms
The property is offered with a new 125 year lease with a peppercorn ground rent.
Service Charges
A service charge shall be payable towards buildings insurance for the development, external maintenance, internal maintenance of shared communal areas and communal electric. Our client shall set up service charge management prior to completion.
Redevelopment Potential
The development may offer scope for alternative uses. Prospective purchasers are advised to make their own investigations with Birmingham City Council.
Offers
Offers are invited to be submitted in writing to "[use Contact Agent Button]" along with supporting evidence of financing.
Legal Costs
Each party shall be responsible for their own legal costs.
Agent's Commission
The Agent's commission is to be paid by the purchaser at 1.8% including VAT (1.5% plus VAT) of the agreed sale price.
Tenure: Leasehold
Location
The property is situated on the corner of Thornton Road and Alum Rock Road, in a prominent location on Pelham Shopping Centre, in a densely populated residential location, conveniently situated; -Circa. 0.5 miles from Alum Rock & Fox & Goose District Shopping Centre. -Circa. 0.5 miles from upcoming Washwood Heath HS2 Service Depo. -Circa 0.9 miles from Birmingham Heartlands Hospital. -Circa. 2.8 miles from Aston and Birmingham City University. -Circa. 2.9 miles from upcoming Curzon Street HS2 Station into Birmingham City Centre. -Circa. 3.4 miles from Birmingham City Centre -Circa. 5.9 miles from Birmingham Airport.
Description
The first and second floor accommodation within a newly built three storey commercial development completed December 2022, following complete demolition of former retail unit. The accommodation consists of with three office units at first floor and large storage at the second floor area. Our client has advised the property is within 10 year New Build warranty. All 4 units have 'A'-rated EPCs. The building is largely block cavity wall constructed with some steel frame/beams, with all external walls rendered finish.
Accommodation
First Floor
Accessed via secure entry door from ground floor off Thornton Road with stairs leading to first floor corridor with doors leading into;
Unit 1, 63 Thornton Road
Main unit area, W.C. Total Net Internal Area - 70.15 sq. metres (755 sq. ft).
Unit 2, 63 Thornton Road
Customer Reception W.C., office Total Net Internal Area - 54.97sq. metres (592 sq. ft).
Unit 3, 63 Thornton Road
Office area, W.C. Total Net Internal Area - 34.36 sq. metres (370 sq. ft).
Unit 4, 63 Thornton Road (Second Floor)
With first floor hallway, stairs leading to second floor corridor, room one (16.09 sq. metres), kitchenette with W.C., room two (39.97sq. metres) with storeroom off (2.63 sq. metres) (client has advised that waste plumbing is in place which would accommodate W.C). Total Net Internal Area - 58.69 sq. metres (632 sq. ft).
Tenancy Agreements
Unit 2, 63 Thornton Road is currently let informally for £7,200 per annum. Whilst the unit can be offered with vacant possession on completion, the tenant has expressed a desire to remain in the property and a formal lease may be negotiable to be set up prior to completion subject to terms. The rest of the development is offered with vacant possession on completion.
Business Rates
-Unit 1, 63 Thorton Road - TBC-Unit 2, 63 Thornton Road - £5,600-Unit 3, 63 Thornton Road - £4,950-Unit 4, 63 Thornton Road (Second Floor Unit) - £5,800Qualifying letting applicants may be able to claim Small Business Rates Relief. Landlords could direct tenants to make enquiries with the Charging Authority, Birmingham City Council.
Services
3 Phase Electric supply, water, drainage. All units are sub metered off landlord's supply. There is a private landlord meter room accessed via secure entry door from Thornton Road.There are 4 main water supply lines to the building.There is a single gas line utilised by 63 Thornton Road in part.System of smoke detectors and emergency lighting are installed on site.
Lease Terms
The property is offered with a new 125 year lease with a peppercorn ground rent.
Service Charges
A service charge shall be payable towards buildings insurance for the development, external maintenance, internal maintenance of shared communal areas and communal electric. Our client shall set up service charge management prior to completion.
Redevelopment Potential
The development may offer scope for alternative uses. Prospective purchasers are advised to make their own investigations with Birmingham City Council.
Offers
Offers are invited to be submitted in writing to "[use Contact Agent Button]" along with supporting evidence of financing.
Legal Costs
Each party shall be responsible for their own legal costs.
Agent's Commission
The Agent's commission is to be paid by the purchaser at 1.8% including VAT (1.5% plus VAT) of the agreed sale price.
Tenure: Leasehold
Property information from this agent
About this agent
Cottons Chartered Surveyors - Edgbaston
359/361 Hagley Road
Edgbaston, Birmingham
B17 8DL
0121 721 8843Cottons are a Birmingham based independent firm of Chartered Surveyors operating from our excellent refurbished centrally located offices, we can cater for any property matter. The firm was originally formed in 1924 by the legendary Birmingham Property Developer Jack Cotton. The partners and staff at Cottons pride themselves in offering a wealth of experience and expertise in all property matters throughout the Midlands and further afield. We specialise in; Property Auctions Residential / Commercial Sales and Lettings Property and Estate Management Valuation and Professional Work We are proud to comply with the regulations and standards laid down by the following professional bodies of which we are members Royal Institution of Chartered Surveyors (RICS) Association of Residential Managing Agents (ARMA) Association of Residential Letting Agents (ARLA) National Association of Estate Agents (NAEA)