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Commercial Property to rent

PRIME RETAIL UNIT, 107 High Street, Stourbridge

£17,500 pa

Property Description

Letting information:

Furnishing: Unfurnished

Key features

  • OPPOSITE BUS AND TRAIN STATION
  • ONE REMAINING UNIT
  • A1 RETAIL OR OTHER USES
  • HIGH FOOTFALL
  • PRIME RETAIL LOCATION
  • AVAILABLE IMMEDIATELY

Full description

PRIME RETAIL UNIT TO LET - 702 sq ft (65 sq m)

LOCATION
The unit is located in a prime retail pitch on High Street in the heart of Stourbridge and immediately accessible to the town centre and all its facilities. The property is immediately opposite to the main entrance to the Stourbridge transport interchange (rail and bus stations)

ACCOMMODATION
The properties comprise 2 fitted retail units with rear access which were originally one single unit. They can be let as single units or both together.
ONE REMAINING UNIT - 107 High Street 702 sq ft (65 sq m)

PLANNING
We are on the understanding the property currently has A3 use. Alternative uses maybe possible subject to the necessary planning consents.

Uses could include :
Restaurant - Offices - Health and Beauty - Tearoom or Cafe Banking or Financial
Prospective tenants should satisfy themselves as to both the existing and intended uses of the property with Planning Authority.
Dudley Metropolitan Borough Council
Council House
Priory Road
Dudley DY1 1HF
01384 81 81 81 or www.dudley.gov.uk

LEASE TERMS
New internal repairing leases will be granted on flexible terms from 3 years.

RENTALS
107 High Street £17,500 per annum exclusive

BUSINESS RATES
Tenants are responsible for business rate and are advised to confirm their rates liability with the local rating authority.
The current rateable values are as follows:
107 High Street £14,750

LEGAL COSTS
Each party will responsible for all their own costs in respect of this transaction.

VAT
VAT may be payable on the rent

FIXTURE AND FITTINGS
The properties are to be let as seen.

VIEWING
Strictly by appointment with the Agents on 01384 397 797.

Other terms
VAT
VAT maybe levied on the purchase price / rentals or other outgoings
Services
The agent has not tested any apparatus, equipment, fixture, fittings or services and so cannot verify they are in working order or fit for their purpose. The tenant is advised to obtain verification from their solicitor or surveyor.
References
The successful purchaser will need to provide either a satisfactory bank reference and / or two trade references for approval.
Money Laundering
The successful tenant will be required to submit proof of identity, in accordance with money laundering regulations.
Fixtures & Fittings
Any fixtures and fittings not expressly mentioned within these particulars are excluded from the transaction.
Areas & Dimensions
All areas and dimensions are deemed to be approximate only.
© Walton and Hipkiss

Property ref: 121_1560_4146520


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