FIRST FLOOR FORMER GYM PREMISES, KINGS HEATH

153-155 HIGH STREET, KINGS HEATH
£45,000 per annum (exclusive of rates)

The premises are prominently located on the junction of High Street and Institute Road .
The accommodation is above Poundland and the entrance is immediately next door to Poundland on the High Street.
Nearby occupiers include Costa, Clarks and Iceland.
There are excellent pay and display car parking facilities in Institute Road.

Download PDF

LOCATION
The premises are prominently located on the junction of High Street and Institute Road .
The accommodation is above Poundland and the entrance is immediately next door to Poundland on the High Street.
Nearby occupiers include Costa, Clarks and Iceland.
There are excellent pay and display car parking facilities in Institute Road.

ACCOMMODATION
The premises comprise a large open unit which was formerly occupied as a gym but are suitable for many other uses subject to planning consent.
Approximate internal areas are detailed below:

FIRST FLOOR
Gross Floor Area 11,700 sq ft 1087 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
£45,000 pa (exclusive of rates).

RATING ASSESSMENT
We are advised that the rating assessment is as follows:
Rateable Value: £12,000. Please contact the Local Authority for further information.

BUILDING INSURANCE
The current amount payable is £5652.20 per annum.

SERVICE CHARGE
We are advised the annual budget cost for next year is approximately £18,000.

ENERGY PERFORMANCE CERTIFICATE
We are currently awaiting a copy of the EPC certificate.

LEGAL COSTS
Each party are 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
Please click on the following links:

External Video –

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


Enquire about this property:
  • This field is for validation purposes and should be left unchanged.