GROUND FLOOR RETAIL UNIT, BROMSGROVE

4 MILL LANE, BROMSGROVE, B61 8AG
£12,500 per annum (exclusive of rates)

The premises are well located within Bromsgrove Town Centre on Mill Lane which is the main link to the High Street from Asda and the main town centre car park. Nearby occupiers include Iceland, New Look, Card Party, St Richards Hospice and RSPCA.

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LOCATION
The premises are well located within Bromsgrove Town Centre on Mill Lane which is the main link to the High Street from Asda and the main town centre car park. Nearby occupiers include Iceland, New Look, Card Party, St Richards Hospice and RSPCA.

DESCRIPTION
The premises comprise a ground floor retail unit with first floor staff/storage having the benefit of good rear loading facilities.

ACCOMMODATION
Approximate internal dimensions and areas are detailed below:

GROUND FLOOR
INTERNAL WIDTH 15’ 11” 4.85 m
SHOP DEPTH 49’ 6” 15.08 m
NET GROUND FLOOR AREA 750 sq ft 70 sq m

FIRST FLOOR
STORAGE/STAFF AREA 270 sq ft 25 sq m
PLUS TOILET

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
£12,500 pa (exclusive of rates).

RATING ASSESSMENT
We are advised that the rating assessment is as follows:
Rateable Value: £14,500. 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 109 (Band E). A copy of the certificate is available upon request.

BUILDING INSURANCE
Building insurance is £527.40 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 payable on the rental, however, interested parties are advised to make their own enquiries.

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

Internal Video –

External Video –

VIEWINGS
By prior appointment with AMT Commercial on
01527 821 111


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