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Arion Business Centre, Erdington

Arion Business Centre Harriet House, 118A High St, Erdington, Birmingham B23 6BG, UK

SOLD

£1,200,000

Property Description

Tenure: Freehold

Description
The property comprises a modern, excellently presented
serviced office building which extends to provide a total
of 14 office suites together with a meeting room, a main
reception with concierge is offered together with shared
WCs on the ground floor. Offices available for a single
occupier or up to 20+ people. The office space in
Erdington, near Birmingham offers a flexible working
environment. The property is occupied under 14
separate licence agreements, currently with 12 tenants
producing an income of £118,572.00 per annum.

Office Features
Individually designed offices
Impressive reception (with water feature)
24 hour access
Erdington station within 5 minutes walk
Retail/coffee shop and sandwich facilities available on
High Street
High speed internet access
On site parking available to tenants (at £2 per day)
Air conditioning
Meeting/board room available

Location
Arion Business Centre is situated in the centre of
Erdington, a busy commercial district situated
approximately 4 miles to the north of Birmingham City
centre and 3 miles to the south of Sutton Coldfield town
centre. The area has a very strong communication links
with access to junction 6 of the M6 motorway. Only 2
miles to the south & the main A38(M) giving direct
vehicular access to Birmingham City Centre. Public
transport links to and from Erdington are excellent with
regular bus services to Birmingham City Centre &
Sutton Coldfield & a direct train service from Erdington to
Birmingham New St & north to Lichfield.

Tenure
The property is freehold

Occupation
The property is currently being run as a serviced office
unit which is let on license agreements which are
currently holding over. There are currently 12 separate
tenants who occupy 13 of the office units. The property
produces an income of £118,572.00 per annum. For further information on the current vacancy rates & income generated from the serviced office please contact the AE Commercial..

Business Rates
For business rates information please visit the valuation office agency website.
Energy Performance Certificate
Energy Performance Asset Rating Band C - 59.
Money Laundering -
In accordance with Anti Money Laundering Regulations,
ID and confirmation of the source of funding will be
required from the purchaser.

Legal Costs
Each party to be responsible for their own legal fees.

Contact Agent

Caine Gilchrist

01922 929292

Property Details

Property Type

Serviced Offices

Size

6,000 sqft

Property Location

Arion Business Centre Harriet House, 118A High St, Erdington, Birmingham B23 6BG, UK

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