HIGH STREET PREMISES, KINGS HEATH

159 HIGH STREET, KINGS HEATH , B14 7DJ
£27,500 per annum (exclusive of rates)

The premises are situated in an excellent trading location on the main High Street in Kings Heath. The property is adjacent Barclays and close to New Look, Poundland, JD Sports, Greggs, etc.

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LOCATION
The premises are situated in an excellent trading location on the main High Street in Kings Heath. The property is adjacent Barclays and close to New Look, Poundland, JD Sports, Greggs, etc.

DESCRIPTION
The premises comprise a ground floor shop with upper floor storage.

ACCOMMODATION
Approximate internal dimensions and areas are detailed below:

GROUND FLOOR
INTERNAL WIDTH (FRONT) 13’6” 4.1 m
SHOP DEPTH 70’0” 21.3 m
NET SALES AREA 910 sq ft 85 sq m
REAR STOCK 215 sq ft 20 sq m
TOTAL GROUND FLOOR AREA 1125 sq ft 105 sq m
FIRST FLOOR
STORAGE/STAFF 580 sq ft 54 sq m
SECOND FLOOR
STORAGE 210 sq ft 19 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
£27,500 pa (exclusive of rates).

RATING ASSESSMENT
We are advised that the rating assessment is as follows:
Rateable Value: £23,500
Rates Payable 2019-2020: £11,538
Please contact the Local Authority for further information.

ENERGY PERFORMANCE CERTIFICATE
The property has a rating of 102 (Band E). A copy of the certificate is available upon request.

BUILDING INSURANCE
Building insurance for the current year is £453.55.

MANAGEMENT CHARGE
The ingoing tenant will be responsible for the payment of a management charge, which is currently approximately £600 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, 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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