Property Details: • Type: N/A • Tenure: N/A • Floor Area: N/A
Key Features: • Large ground floor premises formerly occupied by Barclays Bank. • Located in a prime trading position on Kings Heath High Street. • The property is a shell with a new shop front and electrically operated roller shutter.
Location: • Nearest Station: N/A • Distance to Station: N/A
Agent Information: • Address: Clarendon House 14 St. Andrews Street, Droitwich, WR9 8DY
Full Description: LOCATION The premises are located in a prime trading position on Kings Heath High Street. The property is adjacent to Santander and close to New Look, Clarks, Greggs, Costa, Poundland, Savers, etc.
DESCRIPTION The premises comprise a large ground floor premises formerly occupied by Barclays Bank. The property is now back to a shell with a new shop front and electrically operated roller shutter. The property benefits from excellent rear loading facilities.
ACCOMMODATION Approximate internal dimensions and areas are detailed below:
GROUND FLOOR INTERNAL WIDTH (FRONT) 21'6" 6.5 m SHOP DEPTH 165'0" 50.3m TOTAL GROUND FLOOR AREA 6830 sq ft 634 sq m
LEASE The property is available by way of a new fully repairing and lease for a term of years to be agreed upon in multiples of 5 years.
RENTAL £75,000 pa (exclusive of rates).
RATING ASSESSMENT We are advised that the rating assessment is as follows: Rateable Value: £55,000 Please contact the Local Authority for further information.
BUILDING INSURANCE & SERVICE CHARGE Building insurance is approximately £3,185 per annum. Service Charge is currently £2,439 per annum.
ENERGY PERFORMANCE CERTIFICATE The property has a rating of 59 (Band C). A copy of the certificate is available upon request.
LEGAL COSTS Each party are 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.
