Unit E3.1 Glasswater Locks, Eastside, Birmingham, West Midlands, B4 7RQ

Property Details: • Type: Retail Property (high street) • Tenure: N/A • Floor Area: 1685 sqft

Key Features: • **Excellent Cafe / Restaurant Opportunity** • **762 New Homes** • **Vibrant City Centre Canalside Redevelopment ** • **Practical Completion: Q4 2025**

Location: • Nearest Station: Birmingham Moor Street Station • Distance to Station: 0.5915192874850815 miles

Agent Information: • Address: 51 Regent Parade, Birmingham, B1 3NS

Full Description: **Excellent Cafe / Restaurant Opportunity**<br /><br />**762 New Homes**<br /><br />**Vibrant City Centre Canalside Redevelopment **<br /><br />**Practical Completion: Q4 2025**<br /><br /><b>Location</b><br /><br />Located in the heart of Birmingham's Learning Quarter, set in a distinctive Canalside setting Glasswater Locks is situated a short walk from Birmingham City Centre and less than half a mile from forthcoming HS2 at Curzon Street Station. Glasswater Locks opens up a new gateway between Birmingham's Eastside and the city's vibrant Learning Quarter. <br /><br /><b>Description</b><br /><br />The Glasswater Locks canalside redevelopment comprises six uniquely structured buildings, with the centrepiece being the Glasswater Tower rising to 37 storeys. In total the development will provide for 762, 1-2 bedroom apartments including concierge, cinema, games room, gym as well as retail and commercial space. Unit E3.1 offers an excellent retail / leisure opportunity on the ground floor of Cardigan Wharf. <br /><br /><b>Accommodation Text</b><br /><br />The property occupies a prominent corner position arranged over ground floor only extending to 1,685 sq ft. <br /><br /><b>Tenure Comments</b><br /><br />The premises are available by way of a new effective full repairing and insuring lease for a term of years to be agreed subject to 5 yearly upward only rent reviews.<br /><br /><b>EPC</b><br /><br />To be provided upon build completion. <br /><br /><b>Service Charge Information</b><br /><br />There is an annual service charge of £4,872 + VAT. <br /><br /><b>Insurance</b><br /><br />There is an annual insurance charge. Details to be provided upon request.<br /><br /><b>Planning</b><br /><br />We understand the unit benefits from Class E class planning use. Interested parties are advised to make their own enquiries.<br /><br /><b>VAT</b><br /><br />VAT is applicable.<br /><br /><b>Legal Costs</b><br /><br />Each party will be responsible for covering their own legal costs incurred in the transaction.<br /><br /><b>Security</b><br /><br />It is likely that the Landlord will require a security deposit and/or personal guarantee by way of security from the successful applicant.  <br /><br /><b>Viewings</b><br /><br />Strictly by appointment with the Sole Retained Agents.