Unit 1, Park Regis, 158 Broad Street, Birmingham, B15 1DT

Description
We are delighted to bring to market this prominent retail/leisure opportunity within the Park Regis development.

The unit benefits from excellent visibility and a substantial frontage onto the busy Broad Street, one of Birmingham’s principal leisure and entertainment destinations. The property occupies a strong trading position, surrounded by a variety of established leisure operators and with over 1,000 residential units located within a short walk.

The accommodation is arranged over ground and first floors, with the ground floor providing a flexible, largely open plan space ready for an incoming Tenant to undertake a bespoke fit out to suit their individual requirements.

The first floor is currently occupied by a Virtual Reality operator and has been configured to provide a number of partitioned rooms. The partitioning can be removed to reinstate a more open plan layout, providing flexibility for a range of potential occupiers and uses.

Location
The Park Regis is prominently situated close to Five Ways Island and within the city’s inner ring road.

The property occupies a highly visible position fronting Broad Street, with convenient access from Islington Row Middleway (A4540), providing good connectivity to Birmingham city centre and the wider road network.

Public transport connections are excellent, with Five Ways railway station within a short walk of the property and Birmingham New Street approximately 0.8 miles away. The Five Ways Metro stop is also located on Broad Street, providing regular tram connections into Birmingham city centre and onwards towards Wolverhampton.

The property is within walking distance of the wider City Centre, including Brindley Place, Centenary Square and Birmingham’s central business and retail districts.

Terms
The property is available on a new lease, with length to be agreed.

Service Charge
A service charge is levied in respect of the upkeep and maintenance of communal areas.

VAT
All prices quoted are exclusive of VAT, which we understand is payable.

Legal Costs
Both parties are to bear their own legal and surveyor’s fees incurred during the transaction.

Energy Performance Certificate
Available upon request from the agent.

Services
We understand that the building has the benefit of all main services connected on, or adjacent to the subject property.

The agent has not tested the suitability of the connections and recommends that all interested parties carry out their own investigations as to their suitability.

Viewing
Strictly via the sole agent Siddall Jones.