Unit 1 Church Court, 11-12 Cox Street, St Paul’s Square, Birmingham, B3 1RD
- SIZE AVAILABLE
3,558 sq ft
331 sq m
- SECTOR
Office for sale
Key features
- Prominent Jewellery Quarter Location
- Renewed lease with a strong covenant
- 6.35% net initial yield and a reversionary yield 7.14%
- Self Contained Office
- 5 Car Spaces on site
- Close to public transport
- 24 Hour Access
Description
The lease generates a stepped rental income of £40,000 per annum in years 1 and 2, rising to £45,000 per annum in years 3 to 5, with an upward-only market rent review and tenant break option on the 5th anniversary. Tutors and Exams Limited has a creditsafe risk score of 76 and shareholder funds exceeding £500,000 as at August 2023, reinforcing the covenant strength.
The property features a boardroom, reception, and breakout spaces on the ground floor, with open-plan offices on the first and second floors. Built-in kitchenettes on all floors provide ample storage and space for appliances, while natural light floods the workspace, creating a bright and inviting environment. Heating is via central heating with thermostats on each floor.
Additional benefits include five onsite parking spaces, secure courtyard access, 24-hour entry, and security gates and alarms, making this a secure and highly attractive investment opportunity.
Brochures
Unit 1 Church Court, 11-12 Cox Street, St Paul’s Square, Birmingham, B3 1RD
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- St. Paul's Tram Stop0.1 miles
- Birmingham Snow Hill Tram Stop0.2 miles
- Birmingham Snow Hill Station0.3 miles
Notes
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