for salemedia.prd.pl.artirix.com.s3-eu-west-1.amazonaws.com/... · high street bordesley, other...
TRANSCRIPT
Opportunity DescriptionLocation Information Further InformationAccommodation
75 – 80 High Street Bordesley, Birmingham, B12 0LL
75 – 80 High Street Bordesley BirminghamB12 0LL
FOR SALEOn the instruction of Renault Retail Group UK Ltd
CONFIDENTIALLY AVAILABLE
75 – 80 High Street Bordesley, Birmingham, B12 0LL
Opportunity Highly Prominent Car Dealership/ Redevelopment Opportunity
• Purpose-built car dealership – GIA 3,389.0 sq m (36,479 sq ft)
• Rectangular site of c 0.75 ha (1.85 a)
• Extensive frontage to the busy High Street Bordesley, around half a mile south from the Bullring and Birmingham city centre
• Highly accessible location close to A4540 ring road
• Excellent redevelopment potential (subject to planning)
• Freehold
Opportunity DescriptionLocation Further InformationAccommodation Information
Location The property is prominently located fronting the B4100 High Street Bordesley in Digbeth, which links the A4540 ring road to the city centre and therefore in a highly accessible position.
The area comprises a vibrant mix of commercial and residential uses. Nearby motor trade occupiers include Peugeot a short distance to the north, a recently-opened Tesla showroom immediately opposite, and a Yamaha motorbike accessories outlet also opposite. Self-storage is adjacent to the south. The renowned Custard Factory scheme sits nearby, home to a number of media companies, artists and small creative enterprises.
Eastside and its surrounds have already experienced huge developmental change and become a hub for further and higher education, with Aston University, Birmingham Metropolitan College and Birmingham City University expanding both teaching and student accommodation facilities here.
The arrival of HS2 at Eastside, and consequently proposed Eastside Extension of the Midland Metro tram link from the city centre along High Street to Adderley Street, are both significant transport proposals which will further benefit this area enormously.
SiteThe property is roughly rectangular and measures approximately 0.75 hectare (1.85 acres). It slopes gently downwards south to north according to the gradient of the road.
75 – 80 High Street Bordesley, Birmingham, B12 0LL
M5
Birmingham
University Rail
Five Ways Rail
BirminghamNew Street Rail
SmethwickRolfe Street Rail
Smethwick GaltonBridge HighLevel Rail
TheHawthorns Rail
JewelleryQuarter Rail
BirminghamSnow Hill Rail
A38
A41
A38
A38
A4540
A45
40
A45
40
A4540
A45
B4100
A45A41
A41A44
1
A456
A34
A47
A4040
A41
6
5M6
M6
M5
8
1
2
3
Smethwick
Edgbaston
BirminghamCity University
University ofBirmingham
BirminghamCity University
BirminghamCity University
Universityof Aston
BirminghamCity FC
EdgbastonWarwickshire
County CricketGround
Subject property
Opportunity DescriptionLocation Further InformationAccommodation Information
For identification purposes only
75 – 80 High Street Bordesley, Birmingham, B12 0LL
A purpose-built car dealership split over two levels, with excellent frontage to the High Street of circa 150 m (490 ft).
Two showrooms offer up to 22 vehicle display spaces in total, and a former workshop offers space for an additional 20 covered spaces in the rear. The first floor workshop with ramped access offers 17 vehicle bays and ancillary accommodation, and an additional car deck affords space for a further 25 cars. Separate MOT testing and valeting bays are at ground level.
Externally there are 28 prime display spaces and an additional 162 spaces on site. A canopy part covers the used vehicle display.
Description
Opportunity DescriptionLocation Further InformationAccommodation Information
75 – 80 High Street Bordesley, Birmingham, B12 0LL
AccommodationThe accommodation on site comprises the following:
Floor Description Sq m Sq ft
Ground Showroom 499.8 5,380
Showroom 544.4 5,860
Handover Area 90.3 972
Showroom Offices 45.8 493
Used Showroom 335.1 3,607
MOT Area 96.5 1,039
Valet Area 148.4 1,597
Ancillary 135.4 1,457
GF Total 1,895.8 20,406
Floor Description Sq m Sq ft
First Workshop 1,007.8 10,848
Parts 185.5 1,997
Parts Mezzanine 47.8 515
Parts Office 6.4 69
Offices 124.1 1,336
Ancillary 121.5 1,308
FF Total 1,493.2 16,073
Total GIA: 3,389.0 36,479
Opportunity DescriptionLocation Information Further InformationAccommodation
75 – 80 High Street Bordesley, Birmingham, B12 0LL
InformationTenure Freehold.
Services We understand that all mains services are available to the site. Further information in this regard is available from the sole agents but prospective purchasers should rely on their own investigations.
EPC The property has an EPC rating of C-72. A copy of the certificate is available upon request.
Rates The property is assessed for Business Rates purposes as Car Showroom & Premises, with a Rateable Value of £280,000.
Planning The property is in an area administered by Birmingham City Council. In addition to the transformational development proposals in Eastside, north east of High Street Bordesley, other major schemes are already planned for Digbeth and Deritend. The most immediate are the proposed redevelopment of the former ice rink on Pershore Street and the former Harrison Drape building on Bradford Street which together will create in excess of 600 new dwellings in the area. More significantly, the Wholesale Markets will be relocating in 2016-17 making way for Birmingham Smithfield, a 14 ha/ 35 a site promoted by landowner Birmingham City Council in its visioning document for a new leisure, markets and retail quarter. The markets site has been designated as part of the Enterprise Zone Southern Gateway with a simplified planning framework, and when re-developed, will enhance connectivity with Digbeth’s media quarter and High Street properties. Interested parties should direct planning enquiries towards the Council’s planning department (Tel: 0121 303 1115) or visit its website www.birmingham.gov.uk/planning.
Opportunity DescriptionLocation Information Further InformationAccommodation
75 – 80 High Street Bordesley, Birmingham, B12 0LL
Further InformationTechnical Pack A Technical Pack of information has been prepared and is available upon further
request. It comprises information in respect of title, planning history, utilities, EPC and
floor plans. Interested parties should follow the link http://highstreetbordesley.gva.co.uk
to register and access the Pack.
Terms Offers are invited for the freehold interest with vacant possession subject to
contract and exclusive of VAT.
Guide Price On application.
VAT Any VAT associated with this transaction is the responsibility of the purchaser.
Costs Each party will be responsible for their own legal and professional costs incurred.
Viewing Strictly by prior appointment via sole agents Bilfinger GVA. Staff on site are unaware
of the proposed disposal and must not be approached.
Opportunity DescriptionLocation Further InformationAccommodation Information
Chelsey Henderson0121 609 8269Bilfinger [email protected]
Jill Astley0121 609 8439Bilfinger [email protected]
gva.co.uk/9617
Bilfinger GVA3 Brindleyplace, Birmingham, B1 2JB
Or for any other automotive properties please visit:
gva.co.uk/automotive
Subject to Contract
February 2016
London West EndLondon CityBelfastBirminghamBristolCardiffDublinEdinburghGlasgowLeedsLiverpoolManchesterNewcastle
Published by Bilfinger GVA 10 Stratton Street, London W1J 8JR©2016 Copyright GVA
Bilfinger GVA is the trading name of GVA Grimley Limited and is a principal shareholder of GVA Worldwide, an independent partnership of property advisers operating globally gvaworldwide.com
Bilfinger GVA is the trading name of GVA Grimley Limited, conditions under which Particulars are issued GVA Grimley Limited for themselves, for any joint agents and for the vendors or lessors of this property whose agents they are, give notice that: i.) The particulars are set out as a general outline only for the guidance of intending purchases or lessors and do not constitute, nor constitute part of, an offer or contract. ii.) All descriptions, dimensions, references to condition and necessary permission for use and occupation, and other details, are given in good faith and are believed to be correct but any intending purchasers or tenants should not rely on them as statements or representations of fact but satisfy themselves by inspection or otherwise as to the correctness of each of them. iii.) No person in the employment of GVA Grimley Limited or any joint agents has any authority to make or give any representation or warranty whatever in relation to this property. iv.) All rentals and prices are quoted exclusive of VAT.
Reproduced by courtesy of the Controller of HMSO. Crown Copyright reserved. Licence No 774359. If applicable, with consent of Chas E Goad, Cartographers, Old Hatfield, Geographers A-Z Map Co Ltd and/or The Automobile Association. For identification purposes only.
08449 02 03 04gva.co.uk/9617
75 – 80 High Street Bordesley, Birmingham, B12 0LL