HIGH STREET PREMISES, ERDINGTON

220 HIGH STREET, ERDINGTON, B23 6SJ
£17,500 per annum (exclusive of rates)

The premises are prominently located on the main High Street close to the junction with Harrison Road. The property is adjacent to Scope and close to Greggs, Farmfoods, etc.

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LOCATION
The premises are prominently located on the main High Street close to the junction with Harrison Road. The property is adjacent to Scope and close to Greggs, Farmfoods, etc.

DESCRIPTION
The premises comprise a ground, first and second floor property, formerly trading as ‘Albemarle & Bond’.

ACCOMMODATION
Approximate internal dimensions and areas are detailed below:

GROUND FLOOR
INTERNAL WIDTH 16’9” 5.1 m
SHOP DEPTH 82’9” 25.2 m
NET SALES AREA 1320 sq ft 122 sq m
FIRST FLOOR 430 sq ft 40 sq m
SECOND FLOOR 570 sq ft 53 sq m

LEASE
The ground floor of 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
Ground Floor only: £17,500 pa (exclusive of rates).

FREEHOLD
The freehold interest of the whole building comprising ground, first and second floors, is for sale at a price of £225,000.

RATING ASSESSMENT
We are advised that the rating assessment is as follows:
Rateable Value: £16,750
Rates Payable 2019-2020: £8,224
Please contact the Local Authority for further information.

ENERGY PERFORMANCE CERTIFICATE
The premises have a rating of 103 (Band E). A copy of the certificate is available upon request.

BUILDING INSURANCE
Building insurance for the current year is £3,370.96 and is due for renewal on 24 June 2020.

LEGAL COSTS
Each party is to be responsible for their own legal costs incurred in this transaction.

VAT
We understand that VAT is not 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 or
Nicholas Brett & Co on 01527 875 669


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