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Retail Property (high street) to rent

7 High Street, Brierley Hill, West Midlands, DY5

Let Agreed 626 sq. ft. | £5,000 pa| £417 pcm

Property Description

Commercial information

  • 626 sq ft (58 sq m)

Key features

  • Situated on a Busy Arterial Route
  • Net Internal Area of 626 SQ FT (58.15 SQ M)

Full description

Location
The property is situated in the middle of a small parade at the start of the retail area being High Street.

The property benefits from a high volume of passing vehicular traffic, with on road parking immediately outside the unit.

The property can be found using the SATNAV postcode of: DY5 3AA.

Description
Previously used as a hot food takeaway, the property comprises a prominent ground floor lock up retail unit, with ancillary store/ office and WC.

The property may be suitable for hot food takeaway use or a variety of other retail based uses, subject to planning permission.

The unit is currently in shell condition awaiting a tenant's fit out.

Accommodation
The property comprises the following accommodation:

Description
SQ M SQ FT
Retail Area 53.74 578

Office / Store
4.41 47

WC
- -
Total Net Internal Area 58.15 625

Use
We believe that the property was previously used as a hot food takeaway, under use class A5 of the Town and Country Planning (Use Classes) Order 1987. Prospective Tenants should satisfy themselves prior to occupation that the current planning status accords with their intended use.

Tenure
The property is available by way of a new full repairing and insuring lease for a term of years to be negotiated.

Rent
Initial rent of 5,000 per annum, exclusive.

VAT
VAT is not currently payable.

Service Charge
A service charge will be levied to cover maintenance of the external areas and structure of the building.


Rating Assessment
The property has a Rateable Value of 5,100 (2010 assessment).

Business rates are payable by the tenant, to Dudley Metropolitan Borough Council. Notwithstanding, the property may be eligible for small business rates relief.

Insurance
The landlord will insure the property and recover the premium from the tenant.

Services
We are informed that mains electricity, water and drainage are connected to the property. The ingoing tenant will be responsible for all utility costs.

Legal Costs
Each side is to bear their own legal costs and all other professional costs incurred in the transaction, together with any VAT which may be payable.

Energy Performance
The EPC rating is band E, with a score of 114.

Viewing
Strictly by appointment with the sole selling agents:

SDLBigwood
104/106 Colmore Row
Birmingham
B3 3AG

Contact: James Carver BSc (Hons) MRICS
 0121 237 4862
 jcarver@sdlbigwood.co.uk

SUBJECT TO CONTRACT

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