Rising Sun, Unit 4, Alcester Street, Redditch, B98 8AE

Description
The Rising Sun comprises a two storey, mid terraced building under a mansard roof. A wrap-around pergola at first floor shelters an external seating area below.

Ground Floor: Trading accomodation provides a central bar servery with a mix of loose tables and chairs and fixed bench seating. Customer WC’s are located to the rear.

First Floor: The first floor provides an office, staff room, cellar, and trade kitchen.

Location
Redditch is a town situated in north-east Worcestershire, approximately 15.0 miles south of Birmingham, 33.0 miles west of Coventry and 27.0 miles north of Worcester. The area is well serviced by public transport with the Cross City Line situated 0.3 miles west offering regular services to Birmingham New Street, Four Oaks and Lichfield. There are regular bus services to Studley, Bromsgrove, Catshill, and Birmingham with the M42 also in close proximity.

The Rising Sun occupies a prominent position upon Alcester Street. Alcester Street is a pedestrianised local street and shopping area of Redditch town centre.

The surrounding area is predominantly commercial with nearby occupiers including NatWest, Paddy Power, Caffe Nero, and Boots.

Tenure
Held on a lease expiring 24th March 2024 at a current rent of £97,750 per annum. The most recent annual service charge is £8,843.

Rateable Value & EPC
2023 Rateable Value - £78,000

E-108.

Premises Licence
The property benefits from a premises licence permitting the sale of alcohol until 00:30 Sunday to Thursday and 01:00 Friday and Saturday.

Trading Information
Historic trading information may be available to interested parties upon written request.

Fixtures and Fittings & Stock
Fixtures and fittings with the exception of all tills, IT equipment, leased and branded items can be included as part of the sale should they be required. Stock will be removed from the premises prior to completion.

Viewings & Terms
Interested parties are asked to undertake discreet customer visits in the first instance. No formal viewings will be permitted unless arranged through the joint selling agents Savills and CBRE. Under no circumstances should any direct approach be made to any of our clients staff.

Offers are invited for the benefit of our clients leasehold interest.

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