HIGH STREET RETAIL PROPERTY -FOR SALE OR TO LET, BROMSGROVE

138 & 140 HIGH STREET, BROMSGROVE
£25,000 per annum (exclusive of rates)

The premises at 140 High Street which were previously occupied by Shoe Zone are situated on the main High Street adjacent to Argos and Funktional Fitness and opposite Specsavers, Subway & Chapters Hair

Download PDF

LOCATION
The premises at 140 High Street which were previously occupied by Shoe Zone are situated on the main High Street adjacent to Argos and Funktional Fitness and opposite Specsavers, Subway & Chapters Hair

ACCOMMODATION
The premises comprise a ground floor retail unit with first floor storage/staff accommodation. Approximate internal dimensions and areas are detailed below:

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
£25,000 pa (exclusive of rates).

GROUND FLOOR
NET GROUND FLOOR AREA 1615 sq ft 150 sq m

FIRST FLOOR
NET FLOOR AREA 958 sq ft 89 sq m

VAT
We understand that VAT is payable on the rental and the purchase price, however, interested parties are advised to make their own enquiries.

BUILDING INSURANCE AND SERVICE CHARGE
Building insurance is £488 per annum. Service charge is £4810 per annum

ENERGY PERFORMANCE CERTIFICATE
The premises – 140 High Street has a rating of 79 (Band D). 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.

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

Ground Floor Video –

First Floor Video –

FREEHOLD
The owners will consider sale of the Freehold interest of 140 High Street with vacant possession together with 138 High Street at a figure of £700,000 + VAT
138 High Street is let to Argos on a 10-year lease from 28th March 2014 at a rental of £56,350.
We have not measured the Argos unit but understand the total floor area is approximately 15,000 sq ft
(1394 sq m) on Ground, First and Second Floor.

VIEWINGS
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.