Property Information
Address:
5 HOCKLEY HILL, HOCKLEY, BIRMINGHAM, B18 5AA
, B18 5AA
Price: Property no longer available.
Size: 1249 sq ft116 sqm
Primary Category: Shop
All Categories:
Shop,
Property Ref/Movehut: MH607777
Property Ref/Agent: 5-hockley-hill-hockley-birmingham-b18-5aa-copy
*Please use the agent ref when calling the agent directly.
Property description
Brochure Link
Location:
The building is situated on a prominent location A41 Great Hampton Street in Hockley Hill. The prominent Jewellery Quarter is located short walking distance and benefits from various retailers. Junction 1 of the M5 is located within 3 miles of the subject property. The A38(M) is located approximately 1 mile away connecting to the M6 and wider national motorway network. Birmingham City Centre is approximately 1.2 miles from the property.
Description:
The premises comprise of a brick built three storey building. The ground floor retail unit benefits from a fully glazed shop frontage. The accommodation provides a main sales area on the ground floor with a storeroom at the rear and a basement. The upper floors are self-contained and have not been measured.
Accommodation
Energy Performance Certificate:
Details available upon request.
Services:
We are advised all main services are connected.
Planning:
We have been verbally informed that the ground floor premises benefits from A3. A change of use may be possible, subject to planning.
Interested parties are advised to make their own enquiries to the planning department at Birmingham City Council on .
Terms:
The property is currently let on a 6 year lease with effect from December 2015 at a passing rent of £14,500 per annum exclusive. The upper floor apartments are currently rented at a passing rent of £7,200 per annum for the first floor and £6,000 per annum exclusive for the second floor. The total annual income is £27,700 pax.
Tenure / Price:
The freehold interest is available to purchase at a quoting price of £400,000.
Business Rates:
The property is currently listed within the 2010 rating listing as having a rateable value of £7,400. Rates payable will be in the region of £3,648.20 per annum respectively.
Interested parties are advised to make their own enquiries to Birmingham City Council on .
VAT:
This property is not elected for VAT.
Legal Costs:
Each party to be responsible for their own legal costs incurred during this transaction.
Viewing:
Contact Details:
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