Size (sq. ft) 1,849
Tenure Freehold
Price £175,000
Download(s)
Brochure
Units A B Ludgate Hill - FINAL.pdfLocation
The Jewellery Quarter is the original creative neighbourhood, home to 700-jewellery makers, alongside indie shops, creative studios, and incredible restaurants, cafes and bars. St. Paul's Square sits less than 100m away. The Jewellery Quarter boasts c.15,000 residents with a further 2,0000 residential units recently completed and under construction within a 5 minute walking distance to SETL, including Octogan, Makers Place and Edition.
Accommodation Text
UNIT A: 493 sq.ft retail space, let to Besa Coffee on a new 10 year lease form August 2025 at a passing rent of £15,000 pax. There is a tenant-only break clause in August 2030 on six months notice. Besa's fit out is complete and they are trading. Whilst an independent business, the tenant has previous trading experience operating from another site. UNIT B: 1,849 sq.ft retail space, let to Autograph Fashion on a new 10 year lease from March 2026 at a passing rent of £28,000 pax. There is a tenant- only break clause in March 2031 on six months notice. Autograph have a strong track record trading successfully out of Birmingham city centre for over 20 years. A full tenancy schedule is available on request.
EPC
Unit A - 44(B) Expires April 2034 Unit B - 45(B) Expires April 2034
Service Charge Information
SETL runs a service charge in which the retail units partake. This charge is levied in respect of repair and maintenance of common areas and can be is passed in whole to the under tenants, on a proportional basis. 2026 Budget: 48 Ludgate Hill £821.15 (0.676%) 51 Ludgate Hill £3,185.00 (2.622%)
Insurance
The owner currently insures the property via their group policy and recharges proportionally to the tenant.
Planning
We understand the units benefit from E Class planning use. Interested parties are advised to make their own enquiries.
VAT
VAT is applicable.
Legal Costs
Each party to be responsible for their own legal costs.
Viewings
Strictly by appointment with the Sole Retained Agents.