Ground Floor Unit, Park Regis, 157 Broad Street, Birmingham, B15 1DT

Property Details: • Type: Retail Property (high street) • Tenure: LEASEHOLD • Floor Area: 2164 sqft

Key Features: • Two Storey Premises • Situated in an Established Location • Suitable for a Variety of Uses - STPP • Low Rental and Flexible Terms

Location: • Nearest Station: Five Ways Station • Distance to Station: 0.26863550835697814 miles

Agent Information: • Address: The Mint 95 Icknield Street Hockley Birmingham B18 6RU

Full Description: Description<br />The property occupies a prominent position within an established retail and leisure location, benefiting from strong footfall and excellent visibility to passing traffic.<br /><br />The premises comprise a two-storey building formally occupied by Betfred as a betting office. The ground floor provides a fully glazed shop front with a central pedestrian entrance leading into an open plan sales area. <br /><br />The accommodation benefits from a suspended ceiling with inset lighting, air-conditioning, carpet and tiled floor finishes, and double glazed display windows.<br /><br />To the rear of the ground floor there are welfare facilities and a staircase providing access to the first floor.<br /><br />The first floor offers open plan accommodation previously utilised for storage but equally suitable for a range of alternative uses, including office space, additional retail, leisure, or storage. Additional welfare facilities are also provided at this level.<br /><br />Overall, the property offers flexible accommodation suitable for continued retail or leisure use, or potential adaptation to suit a variety of occupiers.<br /><br />Location<br />The property is is situated fronting Broad Street, one of Birmingham’s most dynamic entertainment destination. It is adjacent to Five Ways Island within the inner ring road and is accessed just off Islington Row Middleway (A4540). <br /><br />Located within a short walk of both Five Ways Train Station and West Midlands tram line, the property is extremely well connected to the heart of Birmingham and the wider area.<br /><br />The unit fronts the busy Broad Street in Birmingham and is situated near to a number of leisure operators, including but not limited to: Lavatte Café, The Gym, Boom Battle Bar, and Cineworld.<br /><br />Terms<br />The property is available on a new lease, with length to be agreed, at a passing rental of £22,500 per annum (exclusive).<br /><br />Service Charge<br />A service charge is levied in respect of the upkeep and maintenance of communal areas.<br /><br />VAT<br />All prices quoted are exclusive of VAT, which we understand is payable.<br /><br />Legal Costs<br />Both parties are to bear their own legal and surveyor’s fees incurred during the transaction.<br /><br />Energy Performance Certificate<br />Available upon request from the agent.<br /><br />Services<br />We understand that the building has the benefit of all main services connected on, or adjacent to the subject property. <br /><br />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.<br /><br />Anti-Money Laundering<br />The successful applicant will be required to provide two forms of ID to satisfy anti-money laundering protocols.<br /><br />Availability<br />The property is available immediately upon completion of legal formalities.<br /><br />Viewing<br />Strictly via the sole agent Siddall Jones.