OFFICE SPACE TO RENT

Description:

LOCATION
The property is situated just to the south of Shirley Shopping Centre, on the A34 Trunk Road. The area is ideally suited for out of town retailing, being within close proximity of Solihull Gate Retail Park and both Solihull and Sears Retail Park, located on Marshall Lake Road, approximately 1/4 mile to the south. Occupiers in the locality include Staples, PC World, Sainsbury, Kwikfit, Furniture Village, Porcelanosa and a Currys. The Retail Parks in Marshall Lake Road include such major occupiers as B&Q, Halfords, Pets at Home, Mothercare, Homebase, Comet, Toys R Us, Boots and JJB Sports. Stratford Road is also a popular location for car showrooms serving the Solihull area. Occupiers include Stratstone Jaguar, Audi Birmingham, Avonvale Honda and Toyota.
Therefore, this location is ideal for the out of town retailer or for motor trade purposes; or indeed any other form of roadside occupier.
The property is situated approximately 2 miles north of Junction 4 of the M42 motorway; providing good access to the motorway network, the NEC and Birmingham Airport.

DESCRIPTION
This is a very prominent detached building, situated on a self contained site, having an overall frontage to Stratford Road of about 300 ft (91.44 m) and a built frontage of 180 ft (54.86 m.) Total site area about 0.80 acre.
It has direct access from Stratford Road, leading into a car park which provides approximately 50 spaces. The building is of steel frame and part concrete frame construction and over half the building has a maximum eaves height of 14 ft (4.26 m). External walls are predominantly of facing brick elevations and
the frontage has extensive windows which are plastic coated, colour coded, with electrically operated security shutters.
In recent years the property has been used for a Headquarters Office building. Throughout it is substantially fitted with quality offices, including a Director’s office suite comprising Managing Director’s office, Board Room and generally open plan offices. It is carpeted throughout and substantial areas have raised floors, incorporating floor boxes. There are suspended ceilings throughout most of the accommodation incorporating air conditioning cassettes and Category 3 lighting.

ACCOMMODATION
The total net internal floor area is approximately 13,045 sq ft (1,211.9 sq m)
Gross internal floor area is about 14,345 sq ft (1,332 sq m)

Please note that the floor areas have been measured off plan. The basis of measurement is in accordance with the RICS code of measuring practice. The quoted floor area must not be relied upon and we
recommend interested parties should verify these for themselves.

SERVICES
All mains services are either connected or available.

TOWN PLANNING
The property is currently used for office purposes, but was originally designed as showroom premises, with offices and servicing areas. Therefore, it is suitable for alternative uses including retail, motor trade and any other use, subject to receipt of a satisfactory planning consent for a change of use.

RATES
The current rateable value from the 2010 List is £123,000.

TENURE
The property is held on a 99 year lease, from 29 September 1955, at a current ground rent of £2,250 per annum, which is reviewed every 14 years. The rent review of 25 March 2002 is currently outstanding. The ground rent review is subject to the open market value of the land, excluding buildings.

TERMS
The property is available to let on a full repairing and insuring lease for a term to be agreed. Rent £10 psf. Alternatively a sale may be considered relating to the long leasehold interest. More information is available on request.

LEGAL COSTS
Each party to bear their own legal costs in respect of a sale or letting of the property.

ENERGY PERFORMANCE CERTIFICATE
An EPC is available upon request.

Specifications:

Access:	Office hours only	Security:	Alarmed
Parking:	50 Allocated spaces	Furniture:	Not included
Heating:	Air conditioning	Lighting:	Other
Flooring:	Raised floors, carpeted	Support:
Facilities:
DDA compliant:		EPC:

Building Rental/Sale Details: