PRIME RETAIL UNIT -FORMERLY KFC, WALSALL

52 PARK STREET, WALSALL, WS1 1NG
£70,000 per annum (exclusive of rates)

The premises are located in a prime trading location within Walsall town centre on the pedestrianised Park Street opposite the entrance to the Saddlers Shopping Centre. The property is adjacent to WH Smith and McDonalds, and close to New Look, Boots, Superdrug etc.

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LOCATION
The premises are located in a prime trading location within Walsall town centre on the pedestrianised Park Street opposite the entrance to the Saddlers Shopping Centre. The property is adjacent to WH Smith and McDonalds, and close to New Look, Boots, Superdrug etc.

DESCRIPTION
The premises comprise a three-storey building, formerly occupied by KFC

GROUND FLOOR 2937 sq ft 273 sq m
FIRST FLOOR 1165 sq ft 108 sq m
SECOND FLOOR 1165 sq ft 108 sq m

LEASE
The property is held on an FRI lease to expire on 28.1.2040. The property was subject to a rent review on 2.2.2020 (which was not activated) and 5 yearly thereafter.

RENTAL
£70,000 pa (exclusive of rates).

BREAK CLAUSE
The lease contains a break clause effective February 2030.

RATING ASSESSMENT
We are advised that the rating assessment is as follows:
Rateable Value: £98,500.
Please contact the Local Authority for further information.

ENERGY PERFORMANCE CERTIFICATE
The premises have a rating of 44 (Band B). A copy of the certificate is available upon request.

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
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VIEWINGS
Strictly by prior appointment with: –
AMT Commercial on 01527 821 111


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