GROUND FLOOR PREMISES, KINGS HEATH

55 HIGH STREET, KINGS HEATH, B14 7BH
£17,500 per annum (exclusive of rates)

LOCATION
The premises are prominently located within a well-established retail parade in the centre of Kings Heath. The unit is situated opposite Argos and Loco Lounge, adjacent to Hedshed and close to Pizza Hut Delivery, Cake Box and Little Dessert Shop. The property benefits from a pay and display car park immediately in front of the unit and good rear loading facilities.

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LOCATION
The premises are prominently located within a well-established retail parade in the centre of Kings Heath. The unit is situated opposite Argos and Loco Lounge, adjacent to Hedshed and close to Pizza Hut Delivery, Cake Box and Little Dessert Shop. The property benefits from a pay and display car park immediately in front of the unit and good rear loading facilities.

DESCRIPTION
The premises comprise a ground floor lock up property.

ACCOMMODATION
Approximate internal dimensions and areas are detailed below:

GROUND FLOOR
INTERNAL WIDTH 17’2” 5.2 m
SHOP DEPTH 30’0” 9.1 m
NET SALES AREA 515 sq ft 48 sq m
KITCHEN/STORAGE 145 sq ft 13 sq m
TOILET FACILITIES
Rear car parking for one vehicle

TOTAL NET GROUND FLOOR AREA 660 sq ft 61 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
£17,500 pa (exclusive of rates).

RATING ASSESSMENT
We are advised that the rating assessment is as follows:
Rateable Value: £12,750
Following the March 2020 Budget, we understand that Business Rates for premises with a rateable value of below £51,000 are currently abolished. Please contact the Local Authority for further information.

ENERGY PERFORMANCE CERTIFICATE
The property has a rating of 76 (Band D). A copy of the certificate is available upon request.

INSURANCE
Building insurance is currently £869.24 for the period 25th March 2020 to 24th March 2021

LEGAL COSTS
Each party are 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.

VIRTUAL TOUR OF THE PROPERTY
Please click on the following links:

External Video –

Internal Video –

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


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