LARGE RETAIL PREMISES -FORMALLY BARGAIN BUYS, SHELDON

2162A – 2164A SHELDON SHOPPING CENTRE, B26 3JB
£60,000 per annum (exclusive of rates)

LOCATION
The shopping centre is well located fronting the main A45 Coventry Road, a major arterial route into Birmingham City Centre from Coventry and Birmingham Airport.

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LOCATION
The shopping centre is well located fronting the main A45 Coventry Road, a major arterial route into Birmingham City Centre from Coventry and Birmingham Airport.

DESCRIPTION
The subject premises sit adjacent to Scrivens Opticians and Coventry Building Society with retailers including Lloyds Pharmacy, Iceland, Costa Coffee and Card Factory. Directly opposite is Dream Beds, with Halfords, M&S Food and Morrisons nearby.
*Parking within the centre is free for the first 30 minutes.

ACCOMMODATION
The premises comprise a large ground floor retail unit.
The approximate area is as follows:

GROUND FLOOR
NET INTERNAL AREA 6,000 sq ft 557.42m

LEASE
The property is available by way of a new fully repairing and insuring lease for a term of years to be agreed upon.

RENTAL
£60,000 pa (exclusive of rates, service charge and VAT)

RATING ASSESSMENT
We are advised that the rating assessment is as follows:
Rateable Value: £122,000 (this is currently under appeal)
Please contact the Local Authority for further
information.

ENERGY PERFORMANCE CERTIFICATE
The property has a rating of 113 (Band E). A copy of the certificate is available upon request.

SERVICE CHARGE
The ingoing tenant will be responsible for the payment of a current service charge, which is currently £1591.62 per annum (inclusive of VAT).

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

VAT
We understand 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 –

VIEWINGS
Strictly by prior appointment with:-
AMT Commercial, tel: 01527 821 111
or Creative Retail, tel: 0121 400 0407


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