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Cornwall House: Retail/Leisure Unit

Restaurant / showroom / convenience store
3611 sq ft

  • City centre / St Paul's Square
  • Prominent corner location
  • Full planning consent
  • Rent only £13.85 psf inc parking

The retail accommodation is planned on the ground floor of Cornwall House, and has a 32 metre frontage to Ludgate Hill. The principal entrance is off Ludgate Hill with a second entrance off Lionel Street. Rear serving is via a small store/cellar at lower ground floor. Main services connections are available to permit the creation of kitchen, customer and staff toilets.

Floor Areas

  • Ground Floor (part up steps) 3523 sq ft
  • Lower Ground 88 sq ft

Services

Mains electricity, water and drainage and gas are available on site. However, interested parties are advised to check available capacity through their contractors/advisors.

Tenure

A new 10 year lease is available, contracted out of the Landlord and Tenant Act 1954. The tenant will be responsible for internal repairs and a fair proportion of the costs of insurance and maintaining common services.

Rateable Value

  • Last assessed at RV £19,000
  • Although some alterations carried out recently may warrant a reassessment

Rent

£50,000 per annum (including 2 staff car parking spaces) exclusive of rates and service charge, subject to contract.

VAT

The rent and service charge will be subject to VAT in addition.

Legal Costs

The Tenant will pay Landlord's legal cost in connection with the grant of the lease.

Note: all measurements and areas set out in these particulars are approximate. Interested parties should satisfy themselves as to the correctness of such data.

Location

31 Lionel Street, Birmingham, B3 1AP

Particulars

Click here to download the particulars as a PDF.