GROUND, FIRST AND SECOND FLOOR PREMISES, SOLIHULL

54 & 54A POPLAR ROAD, SOLIHULL, B91 3AB
£40,000 per annum (exclusive of rates)

These attractive premises are situated within Solihull Town Centre being close to the Coventry Building Society, A Plan Insurance, TSB, HSBC and the entrance to the Touchwood Centre.

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LOCATION
These attractive premises are situated within Solihull Town Centre being close to the Coventry Building Society, A Plan Insurance, TSB, HSBC and the entrance to the Touchwood Centre.

ACCOMMODATION
The ground floor lock up shop was previously occupied by Kents Hairdressers. The first and second floor premises are accessed directly from Poplar Road via their own self-contained entrance door. The accommodation was previously used as offices but are suitable for a variety of uses including beautician, clinic, dental practice, tattoo studio etc subject to the receipt of the necessary planning consents. There is parking at the rear.

LEASE
The property is offered on the basis of a new fully repairing and insuring lease for a term of years to be agreed upon in multiples of five years.

RENTAL
Ground Floor – £27,500 pa (exclusive of rates).
First and Second Floor – £15,000 pa (exclusive of rates).
Ground, First and Second Floor – £40,000 pa (exclusive of rates).

BUILDING INSURANCE
Ground Floor – 50% of the cost of the whole building
First and Second Floor – 50% 0f the cost of the whole building.

ACCOMMODATION
The approximate areas are as follows:

GROUND FLOOR
NET GROUND FLOOR AREA 1010 sq ft 94 sq m

FIRST FLOOR
NET FIRST FLOOR AREA 720 sq ft 67 sq m

SECOND FLOOR
NET SECOND FLOOR AREA 285 sq ft 26 sq m

TOTAL FLOOR AREA 2015 sq ft 187 sq m

RATING ASSESSMENT
We are advised that the rating assessment is as follows:
Rateable Value ground floor – £28,000.
Rateable Value first and second floors – £11,500.
Following the March 2020 Budget, we understand that Business Rates for premises with a rateable value below £51,000 are currently abolished. Please contact the Local Authority for further information.

ENERGY PERFORMANCE CERTIFICATE
The first and second floor has a rating of 117 (Band E). A copy of the certificate is available upon request. A copy of the ground floor certificate to be obtained.

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, 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 ground floor –

Internal Video first and second floor –

VIEWINGS
By prior appointment with AMT Commercial on
01527 821 111


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