Property description

Situated in the heart of the vibrant business district of the Jewellery Quarter. Vyse Street is one of the main roads for Jewellery within the Quarter and is a stone through from the famous Chamberlain Clock. This property benefits from a strong passing footfall with a wide range of trades represented in the vicinity & Ideally located along side others Jewellers in the area. DescriptionThe property comprises of a two storey mid-terraced building with full height brick elevations to eaves surmounted by a flat roof. On the ground floor there is a large showroom area together with a small office and various partitioned rooms on the first floor which are being used as a workshop as well as storage. Internally the property benefits from laminate flooring, suspended ceiling incorporating CAT 2 lighting, CCTV, alarm, a kitchen area and WC facilities. Externally the property has a roller shutter to the front of the premises with car parking for up to 2 vehicles at the rear.Ground Floor918 SQFT 85.3 SQ MFirst Floor1,058 SQFT 98.2 SQ MTOTAL 1,976 SQFT183.5 SQ MTenure/RentThe accommodation is available by way of an assignment of the existing lease expiring 28th September 2030 with approximately 16 years remaining. The passing rent is currently £19,900 per annum exclusive. A premium of £75,000 is being sought in respect of the existing fixtures & fittings.Service ChargeWe understand that a service charge of £1,588.72 per annum is payable to cover the cost of services provided by the Landlord.ServicesWe are advised all main services are connected to include mains gas, water and electricity.Energy Performance CertificatesDetails available upon request.Business RatesThe property is currently listed within the 2010 rating listing as having a rateable value of £14,000. Rates payable will be in the region of £6,748 per annum.Interested parties are advised to make their own enquiries to Birmingham City Council on 0121 303 5511.VATThis property is not elected for VAT.

Property Features :

• Prominent High Street Location
• 2x Secure Parking Spaces
• CCTV & Alarmed
• Almost 2000 SQFT Of Space
• Close To The Jewellery Quarter Train Station