GROUND AND FIRST FLOOR SHOP, OLD HILL

275 Halesowen Road, OLD HILL, B64 6NP
£10,000 per annum (exclusive of rates)

The premises which have been an established cycle shop for approximately 50 years are located on Halesowen Road in the centre of Old Hill.

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LOCATION
The premises which have been an established cycle shop for approximately 50 years are located on Halesowen Road in the centre of Old Hill.

DESCRIPTION
The premises comprise a ground floor shop with first floor sales/ storage.

ACCOMMODATION
Approximate internal dimensions and areas are detailed below:

GROUND FLOOR
INTERNAL WIDTH (FRONT) 10’3” 3.1 m
TOTAL DEPTH 77.8” 23.7 m
TOTAL GROUND FLOOR AREA 770 sq ft 71 sq m
FIRST FLOOR
SALES/STORAGE 310 sq ft 29 sq m

REAR YARD 400 sq ft 37 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
£10,000 pa (exclusive of rates).

TENURE
Freehold. (The freehold sale will not include the rear yard of 400 sq feet)

PRICE
£100,000.

RATING ASSESSMENT
We are advised that the rating assessment is as follows:
Rateable Value: £3,950
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
A copy of the EPC certificate will be available shortly.

BUILDING INSURANCE
Building insurance for the current year is £350.00 per annum

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.

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

360 degree External Video –

Internal Video –

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


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