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144-145 Newhall St
Birmingham B3 1RY
Assay Studios · Office Property For Sale

INVESTMENT HIGHLIGHTS

  • Assay Studios occupies a prominent corner position on Newhall Street at the intersection with Charlotte Street in the heart of the Jewellery Quarter
  • Strong ESG credentials; focus on preserving a historic building whilst also undertaking numerous sustainability initiatives
  • Standard flex lease structures typically 3 years with annual break options and fixed annual rent reviews to 5% pa
  • Comprehensively refurbished in 2016 to accommodate modern office space whilst also restoring and retrofitting some of the original features
  • This modern creative hub extends to a NIA of 28,219 sq ft (2,621.60 sq m) and is arranged over basement, ground and three upper floors
  • The current net rent of £617,081 per annum, reflecting a low net rent of £24.51 per sq. ft.

PROPERTY FACTS

Property Type
Office
Property Size
28,219 sq ft
Costar Property Class
B
Year Built/Renovated
1849/2008
Tenancy
Multiple
Number of Floors
5
Typical Floor Size
5,644 sq ft
Parking
10 Spaces (0.35 Spaces per 1,000 sq ft Leased)

AMENITIES

  • 24 Hour Access
  • Security System
  • Storage Space
  • Listing ID: 32578973

  • Date on Market: 25/07/2024

  • Last Updated:

  • Address: 144-145 Newhall St, Birmingham B3 1RY

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