Investment for Sale
The subject property is located beneath the Glasshouse building within the extensive Jupiter residential development. Fronting Canal Square, the building is accessed via Sherborne Street and overlooks a highly attractive canal side environment surrounded by an number of high quality residential apartment blocks including King Edwards Wharf and Liberty Place. A pedestrian footbridge leads to Sheepcote Street providing principal access to Broad Street and Brindleyplace.
The property consists of a ground floor self-contained retail unit. The unit is currently fitted as a restaurant and let on a 12 year lease from June 2009 to Loves Restaurant. The property also benefits from 3 secure basement parking spaces. The property is held on a long lease of 125 years from 1st March 2003. The property benefits from A1, A2, A3 and B1 consent
We have been advised the rateable value is £25,250 per annum.
