Peter Clarke & Co

1320 Solihull Parkway, Birmingham Business Park, Birmingham, b37 7yb

£80,515

1320 Solihull Parkway, Birmingham Business Park, Birmingham, b37 7yb
1320 Solihull Parkway, Birmingham Business Park, Birmingham, b37 7yb 1320 Solihull Parkway, Birmingham Business Park, Birmingham, b37 7yb 1320 Solihull Parkway, Birmingham Business Park, Birmingham, b37 7yb 1320 Solihull Parkway, Birmingham Business Park, Birmingham, b37 7yb

Property Description

Full Description

Birmingham Business Park extends to over 148 acres and provides low density out of town offices & business accommodation set within mature landscaped grounds. It is currently home to over 100 companies. Major occupiers include Rolls Royce, Fujitsu, Goodyear, West Midlands Police, Atos, EE, IMI, Uniper, GKN, & the British Heart Foundation.

1320 Solihull Parkway comprises a detached 2 storey Headquarters Office Building with double glazed windows including extensively glazed curtain walling under a pitched imitation slate roof.

The subject premises comprise the ground floor left hand suite which is accessed via a large communal entrance foyer with intercom entry. The remainder of the building (i.e. the ground floor right hand suite & all the first floor) is currently occupied by BCA Market Place a well known automotive company who has their own dedicated entrance to the rear.

Location

Birmingham Business Park is situated about 13 miles east of Birmingham City Centre in the Borough of Solihull.

It has excellent communications. Junction 6 of the M42 and Junction 4 of the M6 are both some 3.5 miles (via the Chester Rd / A452) and 1.5 miles away respectively.

Birmingham International rail station is about 2.5 miles to the south providing a regular service to London Euston as well as to Birmingham New Street, Coventry, Manchester Piccadilly and Glasgow Central.

Birmingham International Airport is also close by including the National Exhibition Centre.

The Birmingham Interchange for the proposed new High Speed 2 (HS2) rail network is proposed to be located immediately to the South East of Birmingham Business Park.

Amenities

The recently refurbished and redecorated ground floor office suite has the following amenities: -

•A large communal entrance foyer.
•Intercom entry.
•Raised access floors with new carpeting.
•Suspended ceilings.
•LED lighting with PIRs.
•Air con with inset fan coil units.
•Double glazed windows including window blinds.
•Mainly open plan office suite.
•Conference room with a folding wall to an adjoining meeting room, & a further separate meeting room and private office beyond to the left - hand side.
•Kitchen area & Server room.
•Dedicated enclosed external atrium with decking.
•Male & female wc’s.
•Disabled / shower room (currently not DDA compliant but could be reconfigured).
•Externally 26 parking spaces are allocated with the suite which include 2 dual socket AC vehicle charging points over 4 parking spaces

Services

All mains services are understood to be connected.

Terms

The premises are currently held via an existing FRI Lease until 29th June 2024 at £80,514.86 p.a. exclusive (£14.44 psf). The rent is fixed at this level until the end of the term.

Our clients are looking to either assign the remainder of their lease on the existing lease terms. Alternatively, they may consider sub letting or possibly at a lease re gear. Further terms on application. .

Viewing

Via the Joint Agents - Peter Clarke & Co LLP or KWB Office. See brochure for contact details.

Rates

The premises are currently assessed as offices at a rateable value of £73,500.

Rates Payable - £37,632 (1st April 2020 /21) prior to any transitional relief if applicable.

VAT

All figures indicated are exclusive of VAT.

Legal Costs

Each side will be responsible for their own fees incurred in any transaction.

Service Charge

There is a variable service charge payable. The “On Account” Service Charge for 1st July 2020 to 30th June 2021 is currently understood to be £23,769.89 p.a. + Vat. (i.e. circa £4.26 psf plus Vat) excluding building insurance.
Landlords Insurance is understood to currently be £791.63 plus VAT for 1st January to 31st December 2020.

These particulars have been prepared in good faith to give a fair overall view of the property; they do not constitute an offer and will not form part of any contract. We make no representation about the conditions of the property nor that any services or appliances are in good working order; this should be checked by your surveyor. Furthermore, you should not assume that any items or features referred to in these particulars or shown in the photographs are included in the sale price. Your solicitor should check this as part of the normal conveyancing process.