LARGE HIGH STREET RETAIL PREMISES, KINGS HEATH

153a HIGH STREET, KINGS HEATH,
£60,000 per annum (exclusive of rates)

This property is situated in an excellent trading location on the main Kings Heath High Street.
The premises are immediately adjacent to Poundland and New Look; directly opposite Greggs, Specsavers and Lloyds Pharmacy; being close to Costa, Barclays, Scrivens Opticians & Wilkinsons.

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LOCATION
This property is situated in an excellent trading location on the main Kings Heath High Street.
The premises are immediately adjacent to Poundland and New Look; directly opposite Greggs, Specsavers and Lloyds Pharmacy; being close to Costa, Barclays, Scrivens Opticians & Wilkinsons.

ACCOMMODATION
The premises comprise a large retail ground floor unit having the benefit of a large rear loading area which is for this unit alone and is not a shared facility.

GROUND FLOOR
NET SALES AREA 4775 sq ft 444 sq m

REAR LOADING AREA 950 sq ft 88 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
£60,000 pa (exclusive of rates).

VAT
We understand that VAT is payable on the rental.

RATING ASSESSMENT
We are advised that the rating assessment is as follows:
Rateable Value: £57,500. Please contact the Local Authority for further information.

ENERGY PERFORMANCE CERTIFICATE
A copy of the certificate will be available shortly.

BUILDING INSURANCE
Building insurance for the year is currently £2,420 pa

SERVICE CHARGE
The ingoing tenant will be responsible for the payment of a service charge, which is currently £7330.27 + VAT per annum.
This excludes the cost of the electricity supply to the main shop.

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

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

External Video –

Internal Video –

VIEWINGS
By prior appointment with AMT Commercial on
01527 821 111 or Creative Retail on 0121 400 0407


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