FREEHOLD FOR SALE
INVESTMENT OPPORTUNITY
13 BENNETT’S HILL BIRMINGHAM B2 5RS
** HIGH QUALITY OFFICE ACCOMMODATION **
4,005 SQ.FT/372.07 SQ.M.
. PRIME OFFICE LOCATION
. HIGH QUALITY OFFICE ACCOMMODATION OF IMMENSE CHARACTER
. SITUATED AT THE HEART OF BIRMINGHAM CITY CENTRE, ADJOINING THE MAIN PEDESTRIANISED RETAIL AREAS
. OCCUPIED BY PERTEMPS GROUP LIMITED
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LOCATION
Bennett’s Hill is considered to be one of the foremost office locations throughout Birmingham and the greater West Midlands area.
Bennett’s Hill/Waterloo Street provide direct access to St Philip’s Place/Colmore Row.
The property adjoins the main pedestrianised retail areas, including Chamberlain Square, Victoria Square, New Street and Corporation Street.
New Street Station (recently redeveloped) is within 5 minutes walk.
Retail developments within close proximity include the Pallisades, the Bull Ring and the Pavillions.
Occupiers within close proximity include the Brook Street Employment Agency, Nationwide Building Society, Superdrug, Coventry Building Society, Café Rouge, Clinton Cards, Tesco and Starbucks.
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DESCRIPTION
The subject premises provides four-storey, high quality office accommodation (plus basement).
Mid-terraced. Grade II listed. Constructed circa early 1900’s.
Effectively, the ground floor provides double fronted retail.
ACCOMMODATION
4,005 SQ.FT/372.07 SQ.M.
TENANCY
Negotiations ongoing with regard to the grant of a new lease (previous term recently expired). The Landlord has served notice and the Tenant counter-notice.
The current passing rent is £62,000 per annum exclusive.
The tenant has been in occupation since 2001.
TENANT INFORMATION
The Pertemps Group business activities involve the placement of individuals into permanent and temporary/contract positions of employment in the private, public and technical sectors.
VAT
VAT is applicable.
CONSIDERATION
Offers in excess of £650,000 (Six Hundred & Fifty Thousand Pounds) are invited for this valuable freehold interest.
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VIEWING
Viewing is available via the joint agents;
Robert Taylor James Bladon Stephens McBride DTZ Tel No: 0121 706 7766 Tel No: 0121 697 7258
[email protected] [email protected]
13 BENNETT’S HILL BIRMINGHAM B2 5RS
STEPHENS McBRIDE - as agents for the Vendor and for themselves, give notice that:
1. These particulars do not constitute an offer, or contract, or any part thereof and none of the statements contained in the Particulars as to the property is to be relied on as a statement or representation of fact. 2. An intending Purchaser MUST satisfy himself by inspection or otherwise, as to the accuracy of the statements herein. Such statements are made in good faith but without responsibility on the part of Stephens McBride or the Vendor. 3. The Vendor does not make or give, nor is Stephens McBride or its staff authorised to make or give any representation or warranty in respect of this property.
In the event of any inconsistency between these particulars and the Conditions of Sale, the latter shall prevail.
SUBJECT TO CONTRACT
The terms Vendor and Purchaser shall where the context requires be deemed to refer to Lessor and Lessee respectively.