Commercial Property to rentUPPER FLOORS 50 - 51, High Street, Stourbridge
Let Agreed £6,000 pa| £500 pcm
- PROMINENT FITTED RETAIL UNIT
- PLUS SELF CONTAINED BUILDING
- POSSIBLE ALTERNATIVE USES
- PRIVATE CAR PARKING
- PRIME RETAIL LOCATION
- HIGH FOOTFALL
Full descriptionPRIME RETAIL UNIT WITH SEPARATE SELF CONTAINED OFFICES TO LET - RENTALS ARE - RETAIL UNIT - £24,000 PER ANNUM - THE COURTYARD - £7,000 PER ANNUM AND OFFICES FROM £5.00 PSF
LOCATION The property is located in a prime retail pitch on High Street in the heart of Stourbridge town centre and immediately accessible to the town centre and all its facilities.
DESCRIPTION An attractive and substantial, period building arranged over three floors plus a useable cellar and attic space. To the rear is a separate self contained building, “The Courtyard” with private access both from the rear from Stourbridge Ring Road and a pedestrian walk way leading from the High Street.
The Retail unit can be let as a self contained property or in conjunction with part ,or all, of the upper floor accommodation it is fully fitted for immediate occupation and is fitted with alarms and electric full height roller shutter screens to the front.
Car parking is available to the rear of the building with vehicular access off Stourbridge Ring Road.
RETAIL SHOP 1,184 (109)
FIRST FLOOR 883 (82)
SECOND FLOOR 861 (80)
THIRD FLOOR 495 (46)
CELLAR 1,023 (78 )
TOTAL AREA 4,446 (413)
REAR BUILDING (see seperate details)
GROUND FLOOR 457 (42)
FIRST FLOOR 522 (48)
TOTAL AREA 979 (90)
PLANNING The property has existing use as A1 retail with offices and ancillary space. Alternative uses maybe possible subject to the necessary planning consents.
Uses could include :
Restaurant - Offices - Health and Beauty - Tearoom or Cafe
Light Workshops - Residential - Banking or Financial
Prospective purchasers 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 Tel 01384 81 81 81
LEASE TERMS New internal repairing leases will be granted on flexible terms.
Retail Shop £24,000 per annum exclusive
Offices above from £5 psf per annum exclusive
The Courtyard £7,000 per annum exclusive
BUSINESS RATES Tenants are responsible for business rate and are advised to confirm their rates liability with the local rating authority.
LEGAL COSTS Each party will responsible for all their own costs in respect of this transaction.
VAT is not payable on the rental.
FIXTURE AND FITTINGS
The property is to be let as seen.
VIEWING Strictly by appointment with the Agents on 01384 397 797
VAT maybe levied on the purchase price / rentals or other outgoings
The agent has not tested any apparatus, equipment, fixture, fittings or srvices 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.
The successful purchaser will need to provide either a satisfactory bank reference and / or two trade references for approval.
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_4149529
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