Albert House, 12-26 Albert Street, Birmingham, West Midlands, B4 7UD
Size
4,284
Lease length
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EPC
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Parking
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- Price per
- POA
- Primary use
- High street retail
- Other use(s)
- Restaurant, Traditional office, Shop
- Frontage
- Ask agent
No floor / site plan
Key features
- ** Retail / Restaurant To Let
- ** Superb C-Store Opportunity
- ** Adjacent HS2 Curzon Street
- ** Opposite New Albert Street Tram Stop
- ** Adjacent New Bus Stop
Description
** Superb C-Store Opportunity
** Adjacent HS2 Curzon Street
** Opposite New Albert Street Tram Stop
Location
The subject property forms the ground and basement floors of Albert House which offers a superb retail and leisure opportunity on Albert Street in Birmingham City Centre. Strategically located on the Birmingham Eastside Metro Extension, Albert Street tram stop will link the City Centre with HS2 Curzon Street and Birmingham's Eastside and Learning Quarters at Millennium Point. Adjacent the property is a bus stop serving the Bartley Green and Quinton Road West bus routes. Directly opposite the subject is Martineau Galleries a 7.5 acre regeneration project which will create up to 1,300 new homes and 140,00 sqm of workspace. Moor Street Station and Bull Ring are a situated a short 5 min walk south of this location.
Description
Albert House has recently undergone a complete refurbishment to provide a ground and basement retail / leisure unit along with four floors of offices. The third and fourth floor office space are available to lease by way of separate negotiation. The property will be handed over in a developers shell, exact specification to be agreed between the parties.
Accommodation Text
The retail and leisure opportunity at Albert House comprises the following approximate floor areas;
Ground: 4,284 sq ft (398 sq m)
Basement: 5,521 sq ft (513 sq m)
Tenure Comments
The accommodation is available by way of new fully repairing and insuring lease on terms to be agreed.
EPC
A copy of the EPC is available upon request.
Service Charge Information
A copy of the service charge budget is available upon request.
Insurance
There will be an annual insurance recharge apportionment.
Planning
We understand the unit benefits from E Class planning use. Interested parties are advised to make their own enquiries.
VAT
VAT is applicable.
Legal Costs
Each party will be responsible for covering their own legal costs incurred in the transaction.
Security
It is likely that the Landlord will require a security deposit and/or personal guarantee by way of security from the successful applicant. Â
Viewings
Strictly by appointment with the Sole Retained Agents. Creative Retail
- Let type
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- Let contract length
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- Status
- Available
- Service charge
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- Business rates
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- Use class
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An Energy Performance certificate helps you understand the current energy efficiency of a property.
Read more about EPC requirementsAsk agent
- BREEAM rating
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- Environmental description
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Brochure
Albert House, 12-26 Albert Street, Birmingham, West Midlands, B4 7UD
About Creative Retail, Birmingham
Commercial Retail Property Consultants
Creative Retail are a Birmingham-based retail and leisure property practice.
We specialise in the Midlands Retail & Leisure property markets ? including High Streets, Shopping Centres, Leisure Schemes and Out of Town Retail Warehousing.
Passionate about Retail and Leisure; we provide a modern, professional, and dynamic service to our clients.
Commercial Property Agency
We pride ourselves on offering clients specific, accurate and targeted advice in a constantly evolving industry and market.
Our agency services include:
. Lettings
. Acquisitions & Disposals
. Development & Site Finding
. Investment strategy
. Asset Management
Commercial Property Development In what is becoming an increasingly competitive sector, Creative Retail are able to offer guidance on all stages of the retail development process from initial appraisals and site sourcing through to pre-let tenancy agreements and exit strategy.
We work closely with private sector developers and investors and our in-depth knowledge of retailer requirements combined with our considerable experience with property transactions means that we are able to offer our clients an unparalleled service and a 360º appreciation of the workings behind the development process.
Commercial Property Investments
Detailed and up-to-the-minute knowledge has never been more important when formulating investment strategies for Retail and Leisure Property. The pace of change in the sector is ever increasing and strategies that worked just months ago may need adapting to extract best value and maintain exposure to risk.
When advising our clients on their investments, we report on a broad range of factors beyond the fundamentals of covenant, lease terms and physicality of asset. These include:
. Occupiers changing requirements and business models
. Tenants trading strength
. Existing competition and proposed new occupiers and schemes in the locality
. Inward investment into specific areas from regional funding, private equity and government initiative.
We achieve this by leveraging the connections and relationships we have formed working exclusively in the retail and leisure sector.
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Disclaimer - Property reference 332LH. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Creative Retail, Birmingham. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.