Property photos
Freehold
Fixed price
£600,000
(£168.63/sq. ft)
Office for sale
Cox Street, Birmingham B33,558 sq. ft
Local area information
Property location
Nearby amenities
- Central Academy 0.2 miles
- Blackwater Academy 0.2 miles
- Birmingham Snow Hill 0.3 miles
- Jewellery Quarter 0.4 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Birmingham to find out more about the local area.
Features and description
- Freehold
- Close Proximity to Birmingham City Centre
- Renewed lease with a great covenant tenant
- Kitchenettes on each floor
- Ample Natural Light
- 5 Car Spaces on site
- Close to public transport
- 24 Hour Access
Description
This attractive 3-storey office building in the Birmingham Jewellery Quarter is fully let to Tutors and Exams Limited on a 7-year lease outside the Landlord and Tenant Act, offering a strong investment opportunity with a 6.73% net yield. The lease generates a stepped rental income of £40,000 per annum in years 1 and 2, rising to £45,000 per annum in years 3 and 4, with an upward-only market rent review in year 5 and a tenant break option in year 4. Tutors and Exams Limited has a credit safe risk score of 76 and 2023 shareholder funds exceeding £500,000, reinforcing the covenant strength.
The property features a boardroom, reception, and breakout spaces on the ground floor, with open-plan offices on the first and second floors. Built-in kitchenettes on all floors provide ample storage and space for appliances, while natural light floods the workspace, creating a bright and inviting environment. Heating is via radiators with thermostats on each floor.
Additional benefits include five onsite parking spaces, secure courtyard access, 24-hour entry, and security gates and alarms, making this a secure and highly attractive investment opportunity.
Viewings
Strictly by appointment with the agent Bromwich Hardy.
This attractive 3-storey office building in the Birmingham Jewellery Quarter is fully let to Tutors and Exams Limited on a 7-year lease outside the Landlord and Tenant Act, offering a strong investment opportunity with a 6.73% net yield. The lease generates a stepped rental income of £40,000 per annum in years 1 and 2, rising to £45,000 per annum in years 3 and 4, with an upward-only market rent review in year 5 and a tenant break option in year 4. Tutors and Exams Limited has a credit safe risk score of 76 and 2023 shareholder funds exceeding £500,000, reinforcing the covenant strength.
The property features a boardroom, reception, and breakout spaces on the ground floor, with open-plan offices on the first and second floors. Built-in kitchenettes on all floors provide ample storage and space for appliances, while natural light floods the workspace, creating a bright and inviting environment. Heating is via radiators with thermostats on each floor.
Additional benefits include five onsite parking spaces, secure courtyard access, 24-hour entry, and security gates and alarms, making this a secure and highly attractive investment opportunity.
Viewings
Strictly by appointment with the agent Bromwich Hardy.
Floor plans and tours
Tours (1)
1 virtual tour available
Step inside the property with a virtual tour or video walkthrough.
More information
Listed by
Bromwich Hardy
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Property descriptions and related information displayed on this page are marketing materials provided by - Bromwich Hardy. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Bromwich Hardy for full details and further information.