Summary

Property Type Leisure / Office / Retail
Tenure To Let
Size 2,164 sq ft
Rent £22,500 per annum on a new lease with length and terms to be agreed.
Rates Payable £2.77 per sq ft Current rateable value (1 April 2023 to present). We understand the property would qualify for Small Business Rates Relief, subject to tenant eligibility. We would recommend that all interested parties check with the local authority in this regard.
EPC Rating This property has been graded as B (44)
  • Two Storey Premises
  • Situated in an Established Location
  • Suitable for a Variety of Uses - STPP
  • Low Rental and Flexible Terms

About

The property occupies a prominent position within an established retail and leisure location, benefiting from strong footfall and excellent visibility to passing traffic.

The premises comprise a two-storey building formally occupied by Betfred as a betting office. The ground floor provides a fully glazed shop front with a central pedestrian entrance leading into an open plan sales area.

The accommodation benefits from a suspended ceiling with inset lighting, air-conditioning, carpet and tiled floor finishes, and double glazed display windows.

To the rear of the ground floor there are welfare facilities and a staircase providing access to the first floor.

The first floor offers open plan accommodation previously utilised for storage but equally suitable for a range of alternative uses, including office space, additional retail, leisure, or storage. Additional welfare facilities are also provided at this level.

Overall, the property offers flexible accommodation suitable for continued retail or leisure use, or potential adaptation to suit a variety of occupiers.

Ground Floor Unit, Park Regis, 157 Broad Street, Birmingham, Leisure / Office / Retail To Let - p2.jpeg

Accommodation

Namesq ftsq mAvailability
Ground - Ground Floor Retail 1,150 106.84 Available
1st - First Floor Storage/Office 1,014 94.20 Available
Total2,164201.04

Location

The property is is situated fronting Broad Street, one of Birmingham’s most dynamic entertainment destination. It is adjacent to Five Ways Island within the inner ring road and is accessed just off Islington Row Middleway (A4540).

Located within a short walk of both Five Ways Train Station and West Midlands tram line, the property is extremely well connected to the heart of Birmingham and the wider area.

The unit fronts the busy Broad Street in Birmingham and is situated near to a number of leisure operators, including but not limited to: Lavatte Café, The Gym, Boom Battle Bar, and Cineworld.

Get directions from Google Maps

Ground Floor Unit, Park Regis, 157 Broad Street - p3.jpeg

Further Information

  • Terms

    The property is available on a new lease, with length to be agreed, at a passing rental of £22,500 per annum (exclusive).

  • Service Charge

    A service charge is levied in respect of the upkeep and maintenance of communal areas.

  • VAT

    All prices quoted are exclusive of VAT, which we understand is payable.

  • Legal Costs

    Both parties are to bear their own legal and surveyor’s fees incurred during the transaction.

  • Energy Performance Certificate

    Available upon request from the agent.

  • Services

    We understand that the building has the benefit of all main services connected on, or adjacent to the subject property.

    The agent has not tested the suitability of the connections and recommends that all interested parties carry out their own investigations as to their suitability.

  • Anti-Money Laundering

    The successful applicant will be required to provide two forms of ID to satisfy anti-money laundering protocols.

  • Availability

    The property is available immediately upon completion of legal formalities.

  • Viewing

    Strictly via the sole agent Siddall Jones.