Office for sale in 1 The Post Box, Commercial Street, Birmingham City Centre, Birmingham B1, £875,000

875,000.00

Offer Nr.:
59098972
Type of ad:
for Sale
Property type:
Office
Contact name:
Oldfield Smith
Phone(s):
01825 592904

* Freehold
**Key Points**
* Prominent, city centre location
* Adjacent to the landmark Mailbox development/bbc studios
* Well served by public transport
* Ground floor access and dda compliant facilities
* Raised access flooring
* Air conditioned
* Impressive atrium entrance
* Excellent natural light
* 3 spaces in a secure gated car park
**Description**
The suite comprises a self contained unit with its own direct and prominent
entrance to Commercial Street. This leads to a full height atrium reception
area with marble tiled flooring and feature lighting. Accommodation is
arranged over two levels, with a staircase and disabled access lift connecting
both floors.
The ground floor contains a fitted kitchen area and a partitioned
office/meeting room. There are also well fitted WCs with separate male, female
and disabled facilities. The remainder of the space is open - plan but could be
partitioned to suite the needs of the occupier.
The suite benefits from large dual aspect windows at both levels. These
provide exceptionally good levels of internal natural light and also maximum
flexibility in terms of internal fit - out.
3 car parking spaces are provided in the adjacent underground car park, which
is accessed by a secure motorised gate with remote control for maximum
convenience. There is a door from the lower level of the suite which gives
direct internal access to the car parking area.
The ground floor has a net internal area of 163. 32 sq m (1, 758 sq ft) and the
first floor 148. 09 sq m (1, 594 sq ft).
Total net internal area 311. 41 sq m (3, 352 sq ft)
The property is offered for sale with the residue of the original long lease
available at £879, 788. The lease was granted in 2005 for a term of 125 years
and so the remaining term is approximately 110 years. Full details of the
lease are available on application.
Alternatively consideration will be given to letting the property on normal
effectively fully repairing and insuring terms at a rent of £65, 500 per annum.
The property is elected for tax and VAT will be payable on the rent and
purchase price; the figures shown are net of tax.
Note : The property is presently occupied by Kadampa Meditation Centre under a
temporary agreement, but will be offered with full vacant possession at
completion.
**Location**
Oldfield Smith & Co are pleased to offer for sale or to let an exceptional
suite of offices in Birmingham City Centre.
Located on Commercial Street, the property is within a few hundred metres of
the iconic Mailbox development, which contains the bbc studios as well as
designer shops and restaurants. Also close by is the Cube, with offices,
shops, a hotel and a skyline restaurant. There is easy access to canal - side
walks and cafes, making this an ideal location for both business and leisure.

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