LARGE HIGH STREET RETAIL UNIT, BROMSGROVE

BROMSGROVE - 138 HIGH STREET ,B61 8ES
£39,500 per annum (exclusive of rates)

The premises are well located on the main High Street in Bromsgrove Town Centre, immediately adjacent to Shoe Zone and close to major occupiers including Argos, Subway, Specsavers, Dominos, etc.

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LOCATION
The premises are well located on the main High Street in Bromsgrove Town Centre, immediately adjacent to Shoe Zone and close to major occupiers including Argos, Subway, Specsavers, Dominos, etc.

DESCRIPTION
The premises comprise a ground floor retail unit with first floor storage accommodation, formerly trading as Ponden Home.

ACCOMMODATION
Approximate internal dimensions and areas are detailed below

GROUND FLOOR
INTERNAL WIDTH 33’7” 10.2 m
SHOP DEPTH 67’5” 20.6 m
NET GROUND FLOOR AREA 2015 sq ft 187 sq m
FIRST FLOOR
STORAGE 1750 sq ft 163 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
£39,500 pa (exclusive of rates).

SALE
Alternatively, the freehold interest is for sale at a price of £395,000.

RATING ASSESSMENT
We are advised that the rating assessment is as follows:
Rateable Value: £40,000
Rates Payable 2019-2020: £19,640
Please contact the Local Authority for further information.

ENERGY PERFORMANCE CERTIFICATE
The property has a rating of 79 (Band D). A copy of the certificate is available upon request.

BUILDING INSURANCE
The ingoing tenant will be responsible for the cost of building insurance and we are advised that the current annual amount is approximately £900 pa.

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/price, however, interested parties are advised to make their own enquiries.

VIEWINGS
Strictly by prior appointment with AMT Commercial on
01527 821 111


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