2154a Coventry Road, Birmingham

Property Details: • Type: Shop • Tenure: N/A • Floor Area: 2155 sqft

Key Features: • Major occupiers represented in the centre include One Stop Convenience Store, Cake Box, Coventry Building Society, Subway, Iceland, Costa Coffee, Scrivens, Chai Green and Card Factory. • Parking within the centre is free for the first 30 minutes. • The premises comprises a large double fronted ground floor retail property. • The shopping centre is well located fronting the main A45 Coventry Road, a major arterial route into Birmingham City Centre from Coventry and Birmingham Airport.

Location: • Nearest Station: Olton Station • Distance to Station: 1.2875059731122243 miles

Agent Information: • Address: Clarendon House 14 St. Andrews Street, Droitwich, WR9 8DY

Full Description: LOCATION <br />The shopping centre is well located fronting the main A45 Coventry Road, a major arterial route into Birmingham City Centre from Coventry and Birmingham Airport. <br /> <br />DESCRIPTION <br />The premises were formerly occupied by Pan Pharmacy. Major occupiers represented in the centre include One Stop Convenience Store, Cake Box, Coventry Building Society, Subway, Iceland, Costa Coffee, Scrivens, Chai Green and Card Factory. <br /> <br /> *Parking within the centre is free for the first 30 minutes. <br /> <br />ACCOMMODATION <br />The premises comprises a large double fronted ground floor retail property. <br /> <br />The approximate areas and dimensions are: <br /> <br />GROUND FLOOR <br />INTERNAL WIDTH 35'9" 10.9m <br />TOTAL DEPTH 60'3" 18.4m <br />GROSS FLOOR AREA 2155 sq ft 200 sq m <br /> <br />LEASE <br />The property is available by way of a new fully repairing and insuring lease for a term of years to be agreed upon. <br /> <br />RENTAL <br />£50,000 pa + VAT <br /> <br />RATING ASSESSMENT <br />We are advised that the rating assessment is as follows: <br />Rateable Value: £40,000 <br />Please contact the Local Authority for further information. <br /> <br />ENERGY PERFORMANCE CERTIFICATE <br />The property has a rating of 26 (Band B). A copy of the certificate is available upon request. <br /> <br />SERVICE CHARGE & INSURANCE <br />The service charge is currently £2,075 per annum plus VAT. <br />The Building Insurance is currently £1,827 per annum plus VAT. <br /> <br />LEGAL COSTS <br />Each party are to be responsible for their own legal costs incurred in this transaction. <br /> <br />VAT <br />We understand VAT is payable on the rental however interested parties are advised to make their own enquiries.