Retail property (high street) for sale
Property description & features
- Tenure: Freehold
Built in 1868 for a Jewellery Business, the Gothic has been offices and a famous Public House over its history. The property occupies a prominent position being arranged over ground and basement levels with double doors allowing for an impressive entrance off Great Hampton Street.
The property was previously a public house and would be ideally suited to being returned to an eating or drinking establishment.
The property has been soft stripped allowing for any new tenant or purchaser to carry out their own personalised fit out and make use of the character this property has to offer.
The development further benefits from a Street Licence and allows for outside seating to the front of the property.
Location
The property occupies a prominent roadside position with substantial frontages to both Great Hampton Street and Great Hampton Row just outside of Birmingham City Centre and within Close Proximity to St Pauls Square and Birmingham’s historic Jewellery Quarter.
The location allows for convenient access to Snow Hill Train Station is just a seven-minute walk, while Birmingham New Street is a short 15-minute walk.
As well as being within walking distance of the city’s major public transport routes, the main Aston expressway is just one mile east of the property, allowing easy access to Junction 6 of the M6 Motorway at Spaghetti Junction.
The street is due to be narrowed down and the junction is anticipated to be changing to “Hampton Square” according to the Birmingham City Plan. The Gothic is a key property development on the edge of the historic Jewellery Quarter and will spearhead the future regeneration of the wider Great Hampton Street area.
Accommodation
Accommodation:
Ground Floor - 1,541 ft2 (143 m2)
Basement - 1,631 ft2 (152 m2)
Total - 3,172 ft2 (295 m2) approximately
This property forms part of “The Gothic” development, and other properties are available ranging from 842 – 4,400 ft2.
Rental / Terms
The property is available to let on a new lease with length to be agreed at £55,289 per annum exclusive.
Price / Tenure
Alternatively, offers in excess of £690,000 are sought for the long leasehold interest (999 years at peppercorn rental).
VAT
All prices quoted are exclusive of VAT which we understand is payable.
Planning Use
The property has planning under Use Class E - Which includes a wide variety of uses, including retail, café, restaurant, or office and business use.
Services
We understand all mains services are available on or adjacent to the subject property. However, we advise all interested parties to make their own enquiries as to the suitability of the services for their particular requirement.
Energy Performance Certificate (EPC)
Energy Performance Certificate (EPC) Available upon request.
Legal Costs
Each party are to be responsible for their own legal costs incurred during this transaction.
Availability
The property is immediately available following the completion of legal formalities.
Viewings / Further Information
Viewings / Further Information are strictly via the sole selling agent Siddall Jones.
Property information from this agent
Places of interest
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Broadband availability and predicted speed
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Super-fast: Between 30 Mbit/s and 300 Mbit/s
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on September 30, 2013 from 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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