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Retail Property (high street) to rent

Vicar Street, Kidderminster, DY10

£1,458 pcm
1,313 sq. ft.

Property Description

Commercial information

  • 1,313 sq ft (121 sq m)

Full description

Prime Retail Premisis TO LET

Town Centre Location. The Premises Are Well Located Within The Pedestrianised Section Of Kidderminster Town Centre.
Net Ground Floor Area 1,140 sq ft

LOCATION: Town centre location. The premises are well located within the pedestrianised section of Kidderminster town centre. The property is immediately adjacent to both British Heart Foundation and EE mobile. Major occupiers located in the immediate vicinity include Halifax, Lloyds Pharmacy, Lloyds Bank, Nationwide, Thomas Cook, Carphone Warehouse and W.H. Smith

ACCOMMODATION: Approximate internal areas and dimensions are detailed below:

Average internal Width 12'2" 3.7m
Total Shop Depth 101' 0" 30.8m
Net Ground Floor Area 1140 sq ft 106 sq m
Male and Female Toilets

RATING ASSESSMENT: We understand that rating assessment is as follows:
Rateable Value of £22,750
General Rates Payable of £11,306.75
Interested parties are advised to make their own enquiries directly with the local authority.

ENERGY PERFORMANCE CERTIFICATE: The property has a rating of 53 (Band C). A copy of the Energy Performance Certificate is available upon request.

LEASE: Lease of the property on the basis of a new fully repairing and ensuing lease of a term of years to be agreed upon in multiple of five years.
Years 1-2 £17,500pa & Years 3-5 £20,000pa

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 VAT is payable on the rental. However, any interested parties should 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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