98 New Road, Rubery, Birmingham, B45 9HY
£178.95 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
1,900 sq ft
177 sq m
- SECTOR
Mixed use property for sale
Description
The property comprises a detached dance studio with residential flat at the rear.
The dance studio is set behind a tarmac driveway being single storey and comprising a welcoming reception area with welfare facilities and office area.
The main dance hall is immediately behind with an additional studio off to the left.
The residential accommodation is entered via a gated entrance from the side of the property with paved area and courtyard providing access to the flat.
The flat itself presents extremely well, having open plan lounge and kitchen area, with separate utility and bathroom/shower.
The bedroom is at mezzanine level and accessed via a small staircase form the lounge area.
The space has been recently refurbished and expertly designed to offer a modern feel and benefits from newly installed bifold windows.
Location
The property is situated on New Road, Rubery being just off the main shopping area and providing convenient access to the A38 which in turn provides quick and convenient access to the national motorway network at J4 of the M5 some 1.5 miles distant.
New Road, Rubery is the central shopping area for Rubery where national retailers including Savers, Tesco, Barclays Bank, Greggs and William Hill are represented.
Price/Tenure
Offers in the region of at £340,000 are sought for the freehold interest, subject to contract.
Tenancy
The Dance School is let to Paul Cammack on a new 10-year lease from March 2023.
The rent is £14,400 per annum exclusive payable monthly and incorporates a 5 year upwards only rent review.
We understand the residential element has the potential to rent for £800-850 PCM.
VAT
All prices quoted are exclusive of VAT which we understand is not payable.
Energy Performance Certificate (EPC)
Energy Performance Certificate (EPC) Available upon request from the agent.
Money Laundering
The money laundering regulations require identification checks are undertaken for all parties purchasing/leasing property.
Before a business relationship can be formed, we will request proof of identification for the purchasing/leasing entity.
Legal Costs
Each party are to be responsible for their own legal fees incurred during this transaction.
Viewings and Further Information
Viewings and Further Information strictly via the sole selling agent Siddall Jones.
Brochures
98 New Road, Rubery, Birmingham, B45 9HY
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Longbridge Station1.8 miles
- Barnt Green Station2.5 miles
- Northfield Station2.7 miles
About Siddall Jones Ltd, Birmingham
The Mint 95 Icknield Street Hockley Birmingham B18 6RU
Siddall Jones are an independent firm of commercial property consultants based in Birmingham and covering the West Midlands region.
We are multi disciplined businesses who pride ourselves in delivering the highest standard of client care, using our knowledge and experience of local and regional markets to provide a range of services to our local and national clients.
Since our inception we have secured over one million sq ft of commercial agency instructions. Our clients vary from
Notes
Disclaimer - Property reference 144148-1. 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 Siddall Jones Ltd, 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.
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