0 Bed Retail Property (high Street) For Sale

Description
The property comprises a modern ground floor commercial unit prominently positioned on Sherborne Street, benefiting from excellent frontage and large glazed windows providing strong visibility to passing traffic and pedestrians. The unit has most recently been fitted out as a clinic and provides a high-quality interior specification throughout, including several treatment rooms, a large open-plan area, reception, kitchen, WC facilities and dedicated storage. The space offers a contemporary feel, with inset lighting, air-conditioning units, vinyl and carpet flooring finishes, and a mix of private and open work areas suitable for a variety of occupiers.

The layout lends itself well to medical, beauty, wellbeing, professional services or general retail/leisure uses, subject to the necessary consents. The unit is presented in a clean and well-maintained condition, offering an occupier the ability to trade with minimal adaptation. Positioned within a mixed-use building, the premises benefit from good natural light, secure access and a generous floor-to-ceiling height. Overall, the property provides a versatile and modern commercial environment ideal for businesses seeking a prominent city location.

Location
The property is situated on Sherborne Street in the popular canal-side district of Birmingham, close to Brindleyplace, Broad Street and the main city core. The area benefits from strong footfall, excellent public transport connections and proximity to a wide range of residential developments, offices, hospitality and leisure venues. This highly accessible location is well connected to major routes including the A456 and Birmingham’s ring road network.

Viewings
Strictly by appointment only with Shepherd Commercial.

VAT
All figures quoted are exclusive of VAT, which may be applicable.

Rateable Value
The property has a Rateable Value of £13,500.
Interested parties are advised to make their own enquiries with Birmingham City Council to confirm the current rates payable and to verify any reliefs that may be available.

Planning Use
We understand the property currently falls within Class E (Commercial, Business & Service).
Interested parties should rely on their own enquiries.

Tenancy
The property is let to the existing tenant on a 5-year lease from 2021, with approximately 4 years remaining. The passing rent is £30,000 per annum (£2,500 pcm).

Tenure
The property is held on a 125-year lease from 2004, with approximately 104 years unexpired. The ground rent is a peppercorn.