116 Main Street, Dickens Heath
£285.71 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
980 sq ft
91 sq m
- SECTOR
High street retail property for sale
- USE CLASSUse class orders: A1 Shops
A1
Key features
- The property was previously occupied by a takeaway/restaurant operator and is also suitable for Class E retail use.
- The premises comprise a ground floor lock- up property having the benefit of rear delivery access
- The premises are located within the centre of Dickens Heath immediately adjacent to Dalton Pharmacy and Go Local Convenience Store
Description
The premises are located within the centre of Dickens Heath immediately adjacent to Dalton Pharmacy and Go Local Convenience Store. Other occupiers nearby include Costa and Tesco Express.
ACCOMMODATION
The premises comprise a ground floor lock- up property having the benefit of rear delivery access. The property was previously occupied by a takeaway/restaurant operator and is also suitable for Class E retail use.
SALE
£280,000 for the sale of the long leasehold interest.
The property is held on a 999 year lease from 1st January 2003 at a rental of £202 pa. The rent increases in-line with the Retail Price Index every 5 years.
Approximate internal dimensions and areas are detailed below.
GROUND FLOOR
INTERNAL WIDTH 17 2" 5.2 m
TOTAL DEPTH 51'3" 15.6m
GROSS FLOOR AREA 980 sq ft 91 sq m
LEASE
Alternatively, the property is available by way of a new fully repairing and insuring lease for a term of years to be agreed upon in multiples of 5 years.
RENTAL
£19,500 pa (exclusive of rates).
RATING ASSESSMENT
We are advised that the rating assessment is as follows:
Rateable Value: £12,750. Please contact the Local Authority for further information.
SERVICE CHARGE AND INSURANCE
The current 2024 Building and Estate Service Charge budget is £3,848.47 pa, payable quarterly in advance and includes the Buildings Insurance and communal bins.
ENERGY PERFORMANCE CERTIFICATE
The premises have a rating of 28 (Band B). A copy of the certificate is available upon request.
LEGAL COSTS
Each party are to be responsible for their own legal costs incurred in this transaction.
VAT
We understand that VAT is not payable on the rental/sale price however, interested parties are advised to make their own enquiries.
Brochures
116 Main Street, Dickens Heath
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Whitlock's End Station0.8 miles
- Wythall Station1.3 miles
- Shirley Station1.3 miles
About AMT Commercial, Worcestershire
Clarendon House 14 St. Andrews Street, Droitwich, WR9 8DY
Based in the Midlands, AMT Commercial offers a bespoke property service to landlords, occupiers and investors on all aspects of retail property throughout the UK.
AMT Commercial was established by Andrew Thompson BSc, FRICS who has extensive knowledge and experience in the property industry, joining the profession in 1978.
Andrew previously owned Andrew Thompson and Co. which was established in 1986 and traded until 2015 when it was sold to one of the leading Worcestershire Agents
Notes
Disclaimer - Property reference DICKENSHEATH2. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by AMT Commercial, Worcestershire. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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