Commercial Property
False
The property is prominently located in Church Road, near its junction with Thimblemill Lane, just off the main A5127 Lichfield Road, being located approximately 2½ miles north of Birmingham City Centre and having excellent access to the Midland motorway network via Junction 6 of the M6 motorway, which lies approximately 1 mile distant. The property is situated in an area of principally modern commercial development.
The property briefly comprises a well presented modern banqueting suite, over two tiers and finished throughout to high standard with modern lighting, sound and video systems etc. There is a stage area and the property is offered with all fixtures and fittings. There is a large well equipped commercial kitchen, ancillary stores, office and storage areas throughout, whilst outside there is a surfaced and gated on-site car park for approximately 60 cars. This spacious accommodation extends to approximately 6,685 sq.ft. (621.20 sq.m.) or thereabouts.
Commercial Vacant Possession
A Modern Long Leasehold Banqueting Suite with surfaced car parking for approximately 60 cars
We understand that the property is Long Leasehold, for a term of 125 years, with effect from 7th July 1989. We understand that the Freeholder is Birmingham City Council and that the current ground rent payable is £12,000 per annum (see Legal pack for Lease details) The property will be available with vacant possession upon completion.
We understand that VAT will not be chargeable upon this transaction.
Strictly by arrangement with the Auctioneers.