Network Rail Property

Description:

Recently refurbished Arch providing excellent accommodation situated in the heart of Snow Hill approximately ¼ mile from Birmingham City Centre and close to St Paul’s square and the Jewellery quarter.

Key Details:

• Prominent Location
• Secure Unit
• 3 Phase Electrics
• Roller Shutter Access
• W. C Facilities

Other Information:

Tenant to keep property in good repair.

Property Agreement:

Available on Network Rail Property's Solutions Tenancy Agreement.

The benefits of this are:
 
Rental payments can be made monthly by direct debit
Rent increases are applied annually and are aligned to the Retail Price Index (RPI).

Tenants are able to serve 3 months notice to end their tenancy

Solutions RPI: 1%

Insurance:

The tenant is to pay the sum of £443.85 per annum + VAT in respect of a contribution to insurance.

User Planning:

Most light industrial and storage uses considered.Other proposed uses will also be considered.

Business Rates:

Business Rates are payable by the tenant. The premises have a Rateable Value of £8,300 and annual business rates payable are approximately £3,600.

Maintenance:

The tenant will be responsible for bringing the property into a good state of repair and for maintaining it in the same condition throughout the term of the tenancy agreement

Costs:

Tenant to contribute £395 plus VAT towards documentation costs.