The premises are conveniently located on Calthorpe Road, a short distance from the Fiveways roundabout, giving easy access to Broad Street, Hagley Road and Ladywood/Islington Row Middleways. Fiveways railway station is a few minutes walk away and the area is well served by local bus routes. Other occupiers nearby include RBS, Handlesbanken and Charles Stanley.
The premises comprise a purpose built 3-storey office block, situated within the Quadrant Court development. The buildings are set in landscaped grounds, with a private car park to the rear, accessed from greenfield Crescent. A large glazed atrium provides access to each floor and there are toilets in the common areas with kitchen facilities on each floor.
The windows are double glazed and the space is equipped with gas fired central heating. There is a security alarm and provision for structured cabling.
The building can be let as a whole or on a floor by floor basis, providing options of between 148 – 450.02 sq m (1,510 – 4,844 sq ft)
In more detail the premises are arranged as follows:
Ground floor Currently arranged as 2 meeting/conference rooms, with smaller office and kitchen. Overall area 148 sq m (1,510 sq ft)
First floor Partitioned to provide a series of private offices, with kitchen. Overall 150.59 sq m (1,621 sq ft)
Third floor Partitioned to provide a series of private offices and stores with kitchen. Overall 151 sq m (1,628 sq ft)
Total overall area 450.02 sq m (4,844 sq ft)
Rent from £12.50 per square foot based on a 5 year lease on normal fully repairing and insuring terms.
Alternatively, flexible occupation based on a rolling licence agreement with a minimum term of 3 months and thereafter on a month to month basis will be considered, with rents starting at just £16.50 per square foot.
In either case, a service charge will be levied to cover the cost of shared services.
Car parking is available by way of separate licence at additional cost.
Alternatively, the residue of the headlease expiring 24 September 2112 is available at a premium of £799,000 with full vacant possession. Further details on request.
Rateable Value: Ground & first floors - £26,000, second floor - £9,700