Entirely let to Sense: The National Deaf, Blind and Rubella Association until 2018 (subject to options)
Benefits from on-site parking for approximately 37 cars
Approximately 734.50 sq m (7,907 sq ft) of office accommodation
Six Week Completion
Lot 48
Auction 17th October 2013
Rent £48,500 per Annum Exclusive
Status Sold
Price £380,000
Sector Office
Auction Venue The Millennium Hotel 44 Grosvenor Square Mayfair London W1K 2HP
On the instructions of joint fixed charge recievers BDO
Property Information
Location
Miles
0.5 miles south of Selly Oak Town Centre, 5 miles south of Birmingham
Roads
A38, A441
Rail
Selly Oak Rail (10 mins to Birmingham New Street)
Air
Birmingham International Airport
Situation
The property is situated some 0.5 miles south of Selly Oak town centre on Birkdale Avenue Industrial Estate, just off Heely Road which leads to the major arterial route of the A38 Bristol Road. Nearby occupiers include Johnstone’s Decorating Centre and Swallow Drinks Wholesalers.
Tenure
Freehold.
Location
Miles
0.5 miles south of Selly Oak Town Centre, 5 miles south of Birmingham
Roads
A38, A441
Rail
Selly Oak Rail (10 mins to Birmingham New Street)
Air
Birmingham International Airport
Situation
The property is situated some 0.5 miles south of Selly Oak town centre on Birkdale Avenue Industrial Estate, just off Heely Road which leads to the major arterial route of the A38 Bristol Road. Nearby occupiers include Johnstone’s Decorating Centre and Swallow Drinks Wholesalers.
Tenure
Freehold.
Description
The property comprises office accommodation over ground and first floor. The property benefits from a hardstanding area to the front of the building used for parking for approximately 37 cars.
Note
This property is being marketed for sale on behalf of James Money and Kerry Bailey of BDO LLP Joint Fixed Charge Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Joint Fixed Charge Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Joint Fixed Charge Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises office accommodation over ground and first floor. The property benefits from a hardstanding area to the front of the building used for parking for approximately 37 cars.
Note
This property is being marketed for sale on behalf of James Money and Kerry Bailey of BDO LLP Joint Fixed Charge Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Joint Fixed Charge Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Joint Fixed Charge Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Reversion
Ground First
Office Office
377.50 sq m 357.00 sq m
(4,064 sq ft) (3,843 sq ft)
SENSE: THE NATIONAL DEAF, BLIND AND RUBELLA ASSOCIATION (1)
5 years from 22/01/2013 (2) (3)
£48,500
21/01/2018
Totals
734.50 sq m
(7,907 sq ft)
£48,500
(1) Established in 1955, Sense is a national charity that supports and campaigns for children and adults who are deafblind. (Source: www.sense.org.uk 16/09/2013) (2) The lease provides a tenant option to determine on the third and fourth anniversary of the term. (3) The tenants were in occupation of the building prior to the current lease under a lease which commenced in 2003.
Contacts
Seller's Solicitors
Shakespeares LLP Somerset House, Temple Street Birmingham B2 5DJ
