Investment, For Sale

Units 2, 3 and 4, Emmanuel Court, Reddicroft, Sutton Coldfield, West Midlands, B73 6BN.

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Details

Property Reference

JAGD//2972

Address

Units 2, 3 and 4, Emmanuel Court, Reddicroft, Sutton Coldfield, West Midlands, B73 6BN.

Location

Sutton Coldfield is a prosperous town in the north of the West Midlands, which forms an affluent middle class suburb of Birmingham. The area in general is regarded as one of the most prestigious locations in the Birmingham area. It is located approximately eight miles northeast of Birmingham city centre and four miles north of Junction 7 of the M6 motorway.

The property itself is situated within the Emmanuel Court office development, immediately adjacent to 'The Mall' shopping centre and close to Sutton Coldfield railway station. The immediate area is commercial.

Description

The property comprises a four storey office building, which forms part of a larger courtyard office development. The building is essentially made up of three adjoining blocks known as Units 2, 3 and 4, which are arranged in an L-shaped formation on a total site area of circa 10,000 square feet including allocated car parking.

The building was constructed around the 1980's of 11 inch cavity brickwork on a concrete frame surmounted by an interlocking tiled roof. Unit 4 is self-contained whereas Units 2 and 3 are interconnecting on all levels, having a shared entrance hallway and staircase with WC facilities off. The offices have been refurbished to provide open plan space, which is carpeted throughout and centrally heated.

There is a shared decked car park adjoining the property to the rear, which provides 22 private car parking spaces (16 allocated to Units 2 and 3 and 6 allocated to Unit 4).

Get directions to this property:

Units 2, 3 and 4, Emmanuel Court

Detailed Specification

  • Size

    12,460 sq ft
  • Price/ Rent

    Price upon application
  • Accommodation

    Unit 22,923 sq ft271.55 sq m
    Unit 33,458 sq ft321.25 sq m
    Total6,381 sq ft592.80 sq m
    Unit 46,079 sq ft564.74
    Total Net Internal Area12,460 sq ft1,157.54
  • Services

    We understand that all mains services are available or connected to the property. It should be noted that we have not tested these services and interested parties should make their own enquiries.
  • Planning

    We understand the property has planning permission for uses within Class B1 of the Town & Country Planning Act 1987 (Use Class Order 2005)
  • Tenure

    Freehold Investment: The property is available to purchase on a freehold basis, subject to the existing tenancies. It is held on three co-terminus leases by SSP Ltd for a term of 25 years from 17 May 1990 at a passing rent of £34,500 pa (Unit 2), £42,000 pa (Unit 3) and £73,500 pa (Unit 4) with 5 yearly rent reviews. The head tenant is no longer in occupation of the property. Units 2 & 3 are being marketed to let and Unit 4 is occupied by Direct Response Security Systems Ltd on a sublease. Please contact the agent for full details.
  • Local Authority

    Birmingham City Council - Tel: 0121 303 1111 (general) 0121 303 1115 (planning) 0121 303 5509 (business rates).
  • Rateable Value

    According to the Valuation Office Agency website the rateable value of the property in the 2010 rating list is Units 2 and 3 - £21,500 (ground floor) and £73,000 (lower ground, first and second floors); Unit 4 - £31,500.
  • Energy Performance Certificate

    Units 2 and 3 have been awarded an Energy Rating of C(62), which is valid until 23 November 2019 and Unit 4 has an Energy Rating of C(57) valid until 21 January 2024 (unless superseded by a later certificate).
  • VAT

    All figures quoted are exclusive of VAT, which may be payable at the prevailing rate.
  • Legal Costs

    Each party to be responsible for their own legal costs in connection with this matter.
  • Viewing

    Strictly by prior appointment with the Agent's Telford office:
  • Additional Viewing Information

    Contact: Andrew Dixon MRICS
    Direct Line: 01952 521005
    Mobile: 07957 828 565
    Email: andrew@andrew-dixon.co.uk
    Ref: JAGD/2972
    Joint agent: Andrew Burley at Burley Browne
    Tel: 0121 321 3441
    Email: aburley@burleybrowne.co.uk

Disclaimer:
Andrew Dixon & Company. for themselves and for the vendors or lessors of this property whose agents they are give notice: (1) The particulars are set out as a general outline for the guidance of intending purchasers or lessors, and do not constitute, nor constitute part of, an offer or contract. (2) All descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are given in good faith and are believed to be correct but any intending purchasers or tenants should not reply on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. (3) No employee of Andrew Dixon & Company. has any authority to make or give representation or warranty whatever in relation to this property.

As far as possible, these particulars are intended to give a fair description of the property. Unless otherwise stated, no enquiries have been made of statutory authorities nor tests made of electricity, plumbing or other services installed in the property. No warranties or certificates of building work, leases/title documents have been inspected. Such information as is given in these particulars is based on a purely visual inspection only and information supplied to us by the vendor/lessor. Interested parties must take their own measurements in order to satisfy themselves that the premises are suitable for their own requirements. Our measurements are approximate in order to give an indication of size only. Whilst every care has been taken to prepare these particulars, we would be grateful if you could inform us of any errors or misleading descriptions found in order that we may correct them in our records.