FORMER KFC RESTAURANT, REDDITCH
£80,000 per annum (exclusive of rates)
The premises are well located within the Kingfisher Shopping Centre. The unit is adjacent to Burger King and Wilko , directly opposite McDonalds and close to Nandos, Prezzo, Subway, Bodycare and PoundlandDownload PDF
The premises are well located within the Kingfisher Shopping Centre. The unit is adjacent to Burger King and Wilko, directly opposite McDonalds and close to Nandos, Prezzo, Subway, Bodycare and Poundland.
The premises comprise a former restaurant.
Approximate internal dimensions and areas are detailed below:
TOTAL FLOOR AREA 2480 sq ft 230 sq m
The property is held on a 20 year lease from 4.1.2019, subject to 5 yearly rent reviews. The lease contains tenant break clauses on 4.1.2029 and 4.1.2034
£80,000 pa (exclusive of rates). The existing tenants will consider a rental subsidy /incentives.
We are advised that the rating assessment is as follows:
Rateable Value: £59,000
Please contact the Local Authority for further information.
ENERGY PERFORMANCE CERTIFICATE
The premises have a rating of 66 (Band C). A copy of the certificate is available upon request.
The ingoing tenant will be responsible for the payment of a service charge, which is currently £21,063 per annum plus VAT.
Each party is to be responsible for their own legal costs incurred in this transaction.
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 links:
External Video –
Internal Video –
Strictly by prior appointment with AMT Commercial on 01527 821 111