FOR SALE
OFFICE BUILDING Mortimer Hall, Birmingham Road, Kidderminster, DY10 2BX hallscommercial.co.uk fishergerman.co.uk
FOR SALE
OFFICE BUILDING Mortimer Hall, Birmingham Road, Kidderminster, DY10 2BX Grade II Listed Office Building 4,037 sq ft (375 sq m) in total Freehold Ample car parking on-site
Location This substantial Georgian building is prominently located on the Birmingham Road a short distance to the West of Kidderminster Town Centre. Being on the main Kidderminster to Birmingham artery it benefits from a high degree of passing traffic. The building provides exceptionally good office accommodation with the benefit of up to 20 car parking spaces and forms an ideal location for many professional users.
Description Mortimer Hall is a Grade II Listed building standing in its own grounds with potential for further development. The property was built in the early 1800’s by John Hooman and used as a gentleman’s residence, before more recently being adapted and converted to provide prestigious office accommodation over 3 floors with useful basement storage. In addition to the main building, a single storey self contained Coach House is located to the rear of the main building providing further office accommodation.
fishergerman.co.uk
FOR SALE
OFFICE BUILDING Mortimer Hall, Birmingham Road, Kidderminster, DY10 2BX Accommodation
VAT
Ground Floor First Floor Second Floor
1,207 sq ft (112.10 sq m) 1,055 sq ft (98 sq m) 1,070 sq ft (99.40 sq m)
VAT is not chargeable on this transaction.
Coach House
705 sq ft
Total
4,037 sq ft (375 sq m)
Business Rates
(65.5 sq m)
Floor plans are available upon request.
Tenure
2017/2018 Rateable Values have been assessed individually and are as follows: Main Building
Rateable Value: £23,750
Coach House
Rateable Value: £6,400
The property is for sale on a Freehold basis.
It appears that the Valuation Office have assessed the car parking spaces individually with a combined Rateable Value of: £1,500.
There is an existing Lease in place, at a passing rental of £23,000 per annum.
2017/2018 rates payable 47.9p in the £.
The Lease contains a Tenant only break clause on 1 July 2018. The Tenant has confirmed their intention to exercise this break clause but has requested to surrender the Lease as soon as possible. Therefore the property could be available either with vacant possession or subject to the existing Lease.
Guide Price £550,000, subject to contract.
Energy Performance Rating The property has an Energy Performance Rating of Main Building: E The Coach House: C
fishergerman.co.uk
FOR SALE
OFFICE BUILDING Mortimer Hall, Birmingham Road, Kidderminster, DY10 2BX
Fisher German
01905 728 444
Richard Tomlinson T: 01905 728 432 E:
[email protected] Dan Ballard T: 01905 728 433 E:
[email protected] Please note: Fisher German LLP and any Joint Agents give notice that: The particulars are produced in good faith are set out as a general guide only and do not constitute or form any part of an offer or any contract. No person within Fisher German has any authority to make or give representation or warranty on any property.
fishergerman.co.uk