£1,400,000 /Sale price

DescriptionThe property comprises a prominent detached office building, being situated just off the Five Ways island, one of the city’s main arterial routes, and at the heart of the thriving Edgbaston Village district Located between Harborne Road and Calthorpe Road.Available on a floor by floor basis or as a whole the property comprises modern office accommodation with each floor having its own toilet facilities, kitchen area and gas central heating. The property also has the benefit of an 8 person passenger lift. The ground floor, currently occupied by Handelsbanken until Q4 2026 features a spacious and inviting reception area, two generous meeting rooms, and a well designed open plan office space. Additional amenities include a dedicated fitted kitchen and canteen, toilets and welfare facilities, ensuring comfortable and functional workspace. The upper floors comprise a versatile mix of both open plan and cellular office space, all benefiting from modern specification's including: carpet floor coverings, suspended ceiling, inset lighting, floor boxes, gas fired central heating, air conditioning and neutral decor. Externally the property benefits from generous allocated car parking for 17 vehicles.LocationThe property is situated fronting Calthorpe Road at its junction with Embassy Drive in the heart of Edgbaston Village, 1 mile south west of Birmingham City Centre. Communication links are excellent with the property being within walking distance to the Five Ways train station, which is located just one stop away from Birmingham New Street and within a short walk of the Edgbaston Village Tram stop on the Hagley Road. Motorway access is provided via the M5 (Junction 3), which in turn links to the M6 (Junction 8) to the North and the M42 (Junction 4a) to the south.Planning UseWe understand the property has planning under Use Class E (offices) and may lend itself to a variety of alternative uses and redevelopment, subject to obtaining all the necessary consents. All enquiries should be made with the local authority Birmingham City Council - Website: TenureThe property is held Long Leasehold on a lease from Calthorpe Estate for 125 years (less 10 days) from 29.09.1986 at a current ground rent of £640 per annum, which increases by £160 pa every 10 years.EPCEPC - B (45)Purchase PriceConsideration would be given to a sale of the property as a whole or on a floor by floor basis. Please contact the agent for further information on pricing or to arrange a viewing.