High Street, Erdington,Birmingham

LOCATION
The premises are well located on the main High Street close to the Six Ways Island. Occupiers in the immediately vicinity include Cash Generator, British Heart Foundation, Cake Box, Scrivens, etc.

DESCRIPTION
The premises comprise a large ground floor unit with first floor storage accommodation previously occupied by Poundland

ACCOMMODATION
Approximate internal dimensions and areas are detailed below:

GROUND FLOOR
GROUND FLOOR AREA 6000 sq ft 557 sq m
FIRST FLOOR
FIRST FLOOR AREA 3240 sq ft 300 sq m

LEASE
The property is available by way of a new fully repairing and insuring lease for a term of years to be agreed upon in multiples of 5 years.

RENTAL
£85,000 pa (exclusive of rates).

RATING ASSESSMENT
We are advised that the rating assessment is as follows:
Rateable Value: £46,500. Please contact the Local Authority for further information.

ENERGY PERFORMANCE CERTIFICATE
The property has a rating of 43 (Band B). A copy of the certificate is available upon request.

BUILDING INSURANCE
The ingoing tenant will be responsible for the payment of the building insurance, which is currently approximately £4000 per annum.

LEGAL COSTS
Each party is to be responsible for their own legal costs incurred in this transaction.

VAT
We understand that VAT is payable on the rental, however, interested parties are advised to make their own enquiries.