The premises have a very prominent position. It fronts Mill Street a cul de sac that leads to Motorway Trading Estate, a mixed use estate a few hundred metres from Birmingham Science Park Aston and Aston University.
However the main vehicular access to Mill St is via the feeder road off Dartmouth Circus, where the A38M Aston Expressway, turns into the A38, which also giving direct access on to Birmingham City Centre. Dartmouth Circus also giving access to the Middle Ring Rd (A4540).
Within close walking distance of café facilities on the Science Park and University, plus 10 minute walk from Birmingham City centre and full amenities. The premises are also diagonally opposite the large Matalan store on Dartmouth Circus.
A two storey brick built office building, with flat roof and part double and part secondary glazed windows. The building has had some sub division to provide reception, meeting room and staff break out area on the ground floor, with partitioned offices on the first floor. Floor to ceiling height is approximately 2.78m.
Specification includes; painted papered walls, solid and mainly carpeted floors, perimeter trunking, mainly surface mounted lighting, central heating plus some wall mounted air conditioning units. WCs are located on both floors and stairs give access between ground and first floors.
Externally there is a forecourt providing parking for 6-7 cars.
Mains metered 3 phase electricity, gas, water, and drainage are connected to the property. The agent has not tested any apparatus, equipment, fixtures, fittings, or services and so cannot verify they are in working order or fit for their purpose. The applicant is advised to obtain verification from their solicitor or surveyor.
Ground Floor: 1,534 sq ft (142 sq m)
First Floor: 1,613 sq ft (150 sq m)
TOTAL NIA: 3,147 sq ft (292 sq m)
A new FRI type lease is available for a term of years to be agreed.
All rentals etc are quoted exclusive of business rates, buildings insurance, utilities, VAT and all other outgoings, etc. Rental is payable quarterly in advance.
2017 Rateable Value: £26,750
The 2021/2022 business rates multiplier is 0.512p in the £, so accordingly standard rates payable will be £13,696.
The landlord insures the property, and the tenant reimburses the premium.
Full vacant possession to be offered to a new tenant upon completion of all legal formalities, and subject to a surrender of an existing tenancy.
The property has not been opted for tax therefore VAT is not payable, however the landlord reserves the right to charge VAT in the future.
Each party to pay for their own legal costs incurred in a transaction.