HIGH STREET PREMISES, ERDINGTON

ERDINGTON 75 HIGH STREET B23 6SA
£19,750 per annum (exclusive of rates)

Premises Well Located on the Main Pedestrianised High Street. To be Refurbished Throughout. Opposite the COOP Supermarket. Close to Boots, Superdrug & Costa.

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LOCATION

The premises are well located on the main High Street directly opposite the Co-Op Supermarket.  Other major retailers in the immediately vicinity include W H Smith, William Hill, Greggs, Boots, Superdrug, Cash Converters, Costa, etc.

DESCRIPTION

The premises were formerly occupied by Natwest Bank and comprise a ground floor unit with first floor storage accommodation and basement.

ACCOMMODATION

Approximate internal dimensions and areas are detailed below:

GROUND FLOOR

INTERNAL WIDTH                            19’10”            6.0 m

SHOP DEPTH                                      86’6”              26.4 m

GROUND FLOOR AREA                1565 sq ft     145 sq m

FIRST FLOOR

FIRST FLOOR AREA                        460 sq ft       43 sq m

(including toilets)

BASEMENT

FLOOR AREA                                      1060 sq ft     98 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

£19,750 pa (exclusive of rates).

RATING ASSESSMENT

We are advised that the rating assessment is as follows:

Rateable Value: £18,250

Rates Payable 2018-2019: £8,760

Please contact the Local Authority for further information.

ENERGY PERFORMANCE CERTIFICATE

A copy of the certificate will be available shortly.

SERVICE CHARGE & INSURANCE

The ingoing tenant will be responsible for the payment of a variable service charge, which is currently £229.36 (inclusive of VAT) per quarter on account, subject to annual reconciliation.

Building insurance for the year to 24 March 2019 is £1,169.05 (inclusive of VAT).

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.

VIEWINGS

Strictly by prior appointment with AMT Commercial on
01527 821 111


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