114 Pope St 3,163 SF Office Building Birmingham B1 3AG $716,415 ($226.50/SF)

Description
The property comprises a former warehouse that has been converted to provide modern studio and office accommodation, but could equally be utilised for its original workshop/warehouse use.

The ground floor provides a large open-plan studio space with integral toilets and a kitchenette, along with two additional studios/offices to the front elevation.

At first floor level, offices are accessed via a central staircase and arranged as open-plan accommodation on either side. The space benefits from wood flooring, LED lighting, and central heating.

The property retains a number of its original industrial features, including an exposed steel truss roof, exposed brickwork, and an insulated roof.

A recent refurbishment has enhanced the premises with redecoration throughout, upgraded LED lighting, gas-fired heating, and both fire and intruder alarm systems.

Location
The property is located on Pope Street, near its junction with Albion Street, in the heart of Birmingham’s historic and vibrant Jewellery Quarter.

Positioned just 100 metres from the landmark Clock Tower, the premises benefit from close proximity to the Jewellery Quarter’s retail core and are within easy walking distance of both the train and metro stations.

The location also provides excellent road links, with the inner ring road at Icknield Street nearby. Birmingham City Centre lies approximately one mile away, while the popular St Paul’s Square is less than half a mile from the property.

Terms
The property is available on a new lease, with length to be agreed, at a passing rental of: £25,000 per annum (exclusive) for Year 1 £28,000 per annum (exclusive) for Year 2 £30,000 per annum (exclusive) for Year 3

Planning Use
We understand the property has planning consent under use class B2.

However, all interest parties are advised to make their own enquiries with the local planning department.

Rateable Value
£14,250

VAT
All prices quoted are exclusive of VAT, which we understand is payable.

Legal Costs
Both parties are to bear their own legal and surveyor’s fees incurred during the transaction.

Services
We understand that the building has the benefit of all main services connected on, or adjacent to the subject property.

The agent has not tested the suitability of the connections and recommends that all interested parties carry out their own investigations as to their suitability.

Availability
The property is available immediately upon completion of legal formalities.

Rental Terms
The property is available on a new lease, with length to be agreed, at a passing rental of:

£25,000 per annum (exclusive) for Year 1
£28,000 per annum (exclusive) for Year 2
£30,000 per annum (exclusive) for Year 3