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Retail Property (high street) to rent

8 Coleshill Road, Fazeley, Tamworth, B78

Removed 720 sq. ft. | £13,500 pa| £1,125 pcm

Property Description

Commercial information

  • 720 sq ft (66 sq m)

Key features

  • Great retail opportunity
  • Off licence and covenience store licence already held
  • Ground Floor NIA: 720 sq. ft

Full description

Tenure: Leasehold

Off licence and convenience store available to rent

Location

Fazeley is a small village located to the South of Tamworth with good access onto the A5 and a short distance from Junction 10 of the M42.

The property is easily accessible with a number of local facilities within walking distance. There is parking on the main street for customers and additional car parking spaces are available with the property to the rear.

Accommodation

The property consists of a ground floor retail unit which benefits from an aluminium powder coated double glazed shop frontage with a central door and display windows either side. There are integrated security shutters to the window.

Internally the property has been recently refurbished to give a ground floor open plan sales area with tiled floor, suspended ceilings and inset florescent lighting. Separate WC to rear.

The property benefits from both CCTV and a full monitored alarm that can be purchased subject to negotiation. The property also benefits from off licence and convenience store licences.

Ground Floor
Open Sales Area 720 sq ft
Width at Shop Front 5.31m (17.4 ft)
Overall Depth 17.4m (57 ft)

Externally to the rear:
There is parking for 2 vehicles for the shop unit.


Rental

£13,500 per annum for the ground floor shop

Planning

The property falls within the Lichfield District Council.

Further enquiries can be made to the Planning Department on 01543 308 000.

Tenure

Available on a Lease at a term to be agreed.

Services

We are advised that mains electricity, water and sewage are connected to the property and confirm that the tenant will be responsible for the payment of all services from the date of access. Mains gas is connected to the flat above but not to the shop unit.

We would advise interested parties to undertake their own enquiries as to the adequacy and availability of these services, which have not been tested or verified by Howkins & Harrison LLP.

Outgoings

The current rateable value for the shop and premises is £10,250 and this is not due to change at the 2017 review. The current occupier pays in the region of £3,500 per annum but this would be dependent on your business size and eligibility.

The tenant will be responsible for the payment of business rates.

Maintenance and Insurance
The tenant will be responsible for the repairing and maintenance of all internal areas. The Landlord will be responsible for insuring the whole of the property and repairing and maintenance of all external areas, although a proportion of this will be re-charged to the tenant.

Utilities
The tenant is responsible for the payment of all utilities from the date of occupation.

Legal costs
The ingoing tenant to be responsible for the Landlord's reasonable legal costs incurred in the transaction.

Deposit
To be agreed

EPC
The property has an EPC of C (73).

Viewings

Strictly by appointment with Howkins & Harrison LLP. Please contact the Atherstone office on 01827 721380.

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