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Retail Property (high street) to rent

High Street, Erdington, Birmingham, West Midlands, B23

£17,500 pa (£1,458 pcm)
2,282 sq. ft.

Property Description

Commercial information

  • 2,282 sq ft (212 sq m)

Key features

  • LOCATED ON MAIN HIGH STREET
  • OPPOSITE CO-OP SUPERMARKET
  • CLOSE TO WILLIAM HILL, GREGGS, BOOTS, ETC

Full description

Shop To Let

Ground & First Floor Retail Unit of 2282 sq ft To Let Well Located on High Street in Erdington, Birmingham, Directly Opposite Co-OP Supermarket

LOCATION
The premises are well located on the main High Street directly opposite the Co-Op supermarket. Other major retailers in the immediate vicinity include W H Smith, William Hill, Greggs, Boots, Superdrug, Cash Converters etc.

ACCOMMODATION
Approximate internal dimensions and areas are detailed below:

Ground Floor
Internal Width 17'2" 5.2 m
Shop Depth 86'3" 26.3 m
Net Ground Floor Area 1420 sq ft 132 sq m
First Floor 460 sq ft 43 sq m
Toilets

LEASE
The property is offered on the basis of a new fully repairing and insuring lease for a term of years to be agreed upon, in multiples of five years.

SERVICE CHARGE
The current service charge is £163.52 (inclusive of VAT) per quarter on account, subject to annual reconciliation.

BUILDING INSURANCE
The building insurance for the period 25 March 2016 - 24 March 2017 is £593 (inclusive of VAT).

RATING ASSESSMENT
We understand that the rating assessment is as follow:-
Rateable Value of £15,750
General Rates Payable of £7,828
Interested parties are advised to make their own enquiries directly with the local authority.

ENERGY PERFORMANCE CERTIFICATE
The property has a rating of 72 (Band C). A copy of the Energy Performance Certificate is available upon request.

LEGAL COSTS
Each party are to be responsible for their own legal costs incurred in this transaction.

REFERENCES
The successful applicant for a tenancy will need to provide a satisfactory bank, accountants, solicitors, landlord and two satisfactory trade references for submission to the Landlord. In respect of a limited company the last three years audited trading accounts.

VAT
We understand that VAT is payable on the rental, however, interested parties are required to make their own enquiries.

MONEY LAUNDERING
In accordance with Anti-Money Laundering Regulations, two forms of identity and confirmation of the source of funding will be required from the successful tenant.

VIEWINGS
Strictly by prior appointment with Andrew Grant Commercial on
0330 024 3000.


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