Office under offer

Griffin House, Ludgate Hill

4th Floor, Griffin House, Ludgate Hill, Birmingham, UK B3 1DW

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The property occupies a prominent position fronting Ludgate Hill near to St Pauls Square in the heart of the professional quarter and only a short walk from both Birmingham City Centre and Birmingham’s historic Jewellery Quarter. Being situated adjacent to the A38 the location offers excellent communication links with the A38(M) Aston Expressway within 1 mile and links with J6 of the M6 at Spaghetti Junction. The immediate area is well served by public transport with regular bus services close by and being within walking distance to Snow Hill rail and metro station.
Local authority: Birmingham City Centre

Units & floor plans

Floor Size
4th Floor
2,636 NIA
244.89 NIA

* All sizes NIA

Find out more information about this building's development and technical spec.

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Transportation

Airports

Birmingham 6.9m

National rail

Birmingham Snow Hill 0.2m, Birmingham New Street 0.5m, Jewellery Quarter 0.5m

Offers

Offers in the region of £510,000 are sought reflecting a Net Initial Yield of 7.13% when taking into consideration purchasers’ costs of 4.44%.

Further information

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Lease overview

Engineering Services Consultancy Limited (Company Number 04388802) are a renowned team of building services consulting engineers and environmental consultants incorporated in March 2002.

ESC have been in occupation since the client’s original purchase in October 2006 and have agreed to a new 5-year FRI lease at £38,000 per annum.

Period 150 years
Start year 2006
Remaining 138 years
Tenancy schedule
Floor / Demise Tenant NIA (sq ft) Rent (p.a.) Start date
4th FloorESC2,636£38,00030/09/2006
Viewings

Strictly via the sole sales agent Siddall Jones on 0121 638 0500.

Legal costs

Each party will be responsible for their own legal costs incurred during this transaction.

VAT

All figures quoted are exclusive of VAT, however it is envisaged the sale will be treated as a TOGC (Transfer of a Going Concern).

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Property marketed by:

The Mint, 95 Icknield Street, Birmingham B18 6RU
Siddall Jones
Quote reference: SALE-36657

INVESTMENT - 4th Floor City Centre Office

£510,000

IMPORTANT: we would like to inform prospective purchasers that these sales particulars have been prepared as a general guide only. A detailed survey has not been carried out, nor the services, appliances and fittings tested. Room sizes should not be relied upon for furnishing purposes and are approximate. If floor plans are included, they are for guidance only and illustration purposes only and may not be to scale. If there are any important matters likely to affect your decision to buy, please contact us before viewing the property.