2460 Regents Court, The Crescent, Birmingham Business Park, Birmingham, b37 7ye

Property Description

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 new High Speed 2 (HS2) rail network is proposed to be located immediately to the Southeast of Birmingham Business Park.

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.

2460 Regents Court comprises a detached 2 storey self - contained campus style Office Building.

It provides open plan offices on both floors set around a central stairs / wc core.

The building is currently being extensively refurbished internally to a Grade A standard.

Floor Areas

5,110 sq ft (474.73 sq m) approximate area based on IPMS 3.

Amenities

The refurbished 2 storey accommodation will provide the following: -

•Open plan offices on both floors.
•Coms room to the ground floor.
•Raised accessible floors.
•New carpeting and floor coverings throughout.
•Double glazed windows.
•Suspended ceilings with new LED lighting & feature lighting to stairs.
•New Daikin VRV Air conditioning including slimline inset void mounted ducted fan coil units.
•New Dimplex Girona glass front panel heaters to stairs & core.
•Accessible / Female & Gents Wc on the ground floor & separate ladies & gents wc’s on the first floor.
•28 parking spaces.

Services

All mains’ services are understood to be connected.

Terms

The premises are being offered via a new full repairing & insuring basis for a term of years to be agreed.

Quoting Rent: - £120,085 p.a. exclusive (£23.50 psf).

Service Charge

There is a variable service charge payable towards any shared facilities including to the car park, landscaped areas, and roadways on the plot as well as towards the communal facilities on Birmingham Business Park.
The current Service Charge Budget for 2021 / 2022 is £8,571.00 (£1.68 psf approx.)

Business Rates

The premises are currently assessed as offices and premises at a rateable value of £64,000. The rates payable would be £32,768 for the 1st April 2021 / 22 based on the current multiplier of 51.2 pence in the £ prior to any transitional relief or other concessions if applicable.

Viewings

Strictly by prior appointment via the joint agents: –

Peter Clarke & Co LLP. Contact: Stephen Werner MRICS
DD: 01926 340996 or Tel: 0121 393 1920.
Mobile: 07976550043
Email: stephen@peterclarke.co.uk

KWB Office. Contact: Malcolm Jones.
0121 233 2330. DD: 0121 212 5992, Mobile: 07825 848 425
Email: mjones@kwboffice.com

VAT

All figures indicated are exclusive of VAT.

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.