Industrial for sale

Location

The premises are located in Camden Street a prime development area close to Birmingham City Centre and with good access to the major roadwork network.

The property

Two adjacent small self contained industrial units each set back behind a secure gated yard, natural lighting, concrete floors, roller shutter, three phase electricity and heating. The property does lend itself to a major residential conversion in line with the adjoining residential developments at Camden Street Lofts and Camden village.

Gross floor area

No. 63 – 89.0 sqm / 959 sq ft incl. Mezzanine
No. 67 – 63.7 sqm / 685 sq ft or thereabouts.

Terms

The premises will be sold with vacant possession and is registered on a long leasehold title with an unexpired term of 60 years subject to a current ground rent of £2,100 per annum approx. The freeholder is Birmingham City Council.

We are seeking offers in the region of £300,000 for the valuable long leasehold interest. There may be an opportunity to acquire the freehold interest from the Council.

Services

We understand that electricity, gas, water and mains drainage are connected.

The agents have not tested the services and prospective occupiers are advised to make their own enquiries regarding the adequacy and condition of these installations.

Rateable value

The Valuation Office website states that the property is currently assessed as follows:

No. 63 - Store & Premises: £5,100 rv
No. 67 - Workshop & Premises: Rv £5,000 rv

Prospective occupiers are strongly advised to made independent enquiries with Birmingham City Council Rating Authority on .

Use

Prospective occupiers are strongly advised to make enquiries with Birmingham City Planning on as to suitability for their intended use.

Energy performance certificate

No 67 has an Energy Performance Rating of C (67). A copy of the certificate is available on request. No. 63 EPC - tbc.

Services

We understand that the mains electricity, gas, water and drainage are connected to the property.

The agents have not tested the services and prospective purchasers are advised to make their own enquiries regarding the adequacy and condition of these installations.

Money laundering

In accordance with Anti Money Laundering Regulations, two forms of id will be required from the successful applicant.

Viewings

Strictly by prior appointment with the sole agent Chivers Commercial.

Please contact Zafar Zackaria mrics on .
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