Mixed use for sale

56 & 58 Spencer Street

Income Producing in Excess of £30,000 per annum

Grade II Listed

Central Courtyard Area

56 & 58 Spencer Street, Jewellery Quarter, Birmingham, UK B18 6DS

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The property is situated along Spencer Street in the heart of Birmingham’s historic Jewellery Quarter. The premises are within easy reach of both St Pauls Square and Birmingham City Centre with the National Exhibition Centre and Birmingham International Convention Centre being within close proximity. The immediate area is well served by public transport with regular bus routes and the Jewellery Quarter Train and Metro being only a short distance away.
Local authority: Birmingham City Council

Transportation

Airports

Birmingham 7.2m

National rail

Jewellery Quarter 0.1m, Birmingham Snow Hill 0.6m, Birmingham New Street 0.9m

Offers

Offers in excess of £600,000 are invited for the freehold interest.

Further information

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Lease overview

We understand that the current passing rent is £31,774 per annum (net) with an additional four vacant units with an estimated rental value of £15,462.

Planning overview

We understand the property has planning permission under Use Class B1 (Business) and B2 (General Industrial).

Planning class

B1

Viewings

Viewings are strictly via the sole agent Siddall Jones on 0121 638 0500.

Legal costs

Each party is responsible for their own legal and surveyor’s fees incurred during the transaction.

VAT

We understand that the property is not elected for VAT.

Media store

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Property marketed by:

The Mint, 95 Icknield Street, Birmingham B18 6RU
Quote reference: SALE-38403

INCOME PRODUCING Grade II Listed commercial premises in Birmingham's JEWELLERY QUARTER

£600,000 (offers in excess of)

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.