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SOLD STC

178 Birmingham Road, West Bromwich, Sandwell, B70 6QG

Guide Price
£1,200,000

Business rates & charges may apply

Bond Wolfe, Commercial Sales
SIZE

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SECTOR

Office for sale

Key features

  • Substantial Headquarter building close to J1 of the M5 motorway.
  • Excellent potential for alternative use ( STP).
  • 14,966 sq. ft. ( 1390.9 sq m) of accommodation over five floors.
  • Onsite car park for approximately 45 vehicles.
  • Close proximity to town centre amenities, public transport & motorway network.
  • Suspended ceilings, air conditioning and lift access to all floors.
  • Offers in excess of £1,200,000 are invited for the freehold interest

Description

For Sale by private treaty.

Offers in excess of £1,200,000 are invited for the freehold interest, reflecting a capital value of £80 psf.

Freehold HQ Building With Development Potential

178 Birmingham Road comprises a substantial detached office headquarter building with accommodation over ground and floor upper floors. The property is set back from the main Birmingham Road and access via two separate front entrances, one leading to a main reception area and the other with direct access to the stairwell and passenger lift, serving all floors. The offices on each floor wrap around a central core with ladies and gents WC facilities to all floors. The property benefits from recent upgrades including a staff kitchen/breakout area and glass portioned offices.
The building extends to approximately 14,966 sq. ft. ( 1390.9 sq. m) over ground and four upper floors with 47 onsite car parking spaces accessed from both the Birmingham Road and adjacent Roebuck Lane.
The building is currently configured as office accommodation of mainly open plan layout, with the following internal specification:
1,617 sq. ft to 3,357 sq. ft floorplates
Suspended ceilings
Carpeted floors
Air conditioning
Perimeter trunking
1 x 8-person passenger lifts

Accommodation
GROUND - 1,617 Sq Ft - 150.3 Sq. M
FIRST - 3,338 Sq Ft - 310.2 Sq M
SECOND - 3,338 Sq Ft - 310.2 Sq M
THIRD - 3,357 Sq Ft - 312 Sq M
FOURTH - 3,316 Sq Ft - 308.2 Sq M
TOTAL - 14,966 Sq Ft - 1390.89 Sq M

Location
The property occupies a prominent position on the main Birmingham Road just off Junction 1 of the M5 Motorway, on the outskirts of West Bromwich Town centre. The property is situated by the A41 Expressway (Birmingham Road), which links nearby West Bromwich with Wolverhampton, Birmingham, and Solihull.
Birmingham is approximately 5 miles east via the A41 (or M6 and A38M), London 120 miles southeast via the M40, Bristol 87 miles south-west via the M5 and Manchester 80 miles north via the M6. Road communications are therefore excellent as the property is located at the centre of the UK motorway network.
National rail services are available from Birmingham New Street, Snow Hill, and Moor Street. In addition, the West Midlands Metro links the property to West Bromwich town centre, Wolverhampton, and Birmingham City Centre .

Tenure
Freehold.

VAT
We are advised that VAT is not payable.

Business Rates
We are advised that the current rateable value is £94,500.

Services
The building is heated by way of gas central heating, served by a gas boiler.

EPC
Available upon request.

Legal Costs
Each party is to be responsible for their own legal costs that may be incurred in this transaction.

Anti Money Laundering
In accordance with anti-money laundering regulations, two forms of identity and confirmation of the source of funding will be required from the successful purchaser.

Energy Performance Certificates

EPC 1

178 Birmingham Road, West Bromwich, Sandwell, B70 6QG

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Kenrick Park Tram Stop0.3 miles
  • Trinity Way Tram Stop0.3 miles
  • West Bromwich Central Tram Stop0.7 miles

About Bond Wolfe, Commercial Sales

1st Floor 75-77 Colmore Row Birmingham B3 2AP

Bond Wolfe is a multi-disciplined property business specialising in property Auctions and property Agency with our head office based in Birmingham. Many of our highly experienced and dedicated team have been with the business for over 30 years.

We are truly proud of our Midlands roots and honoured to have represented the region since 1983. We also act for many clients across the UK and overseas too. Bond Wolfe has a great track record of selling, letting and managing property up and down the country. We work on behalf of a broad range of clients, including major corporate clients and private investors, as well as smaller organisations and independent landlords.

Notes

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