GROUND FLOOR PREMISES, DROITWICH
£16,000 per annum (exclusive of rates)
The premises are prominently located in the heart of Droitwich town centre.
The Property is adjacent to Santander and occupiers in the immediate vicinity include WH Smith, the Library and Lloyds Bank.
LOCATION
The premises are prominently located in the heart of Droitwich town centre.
The Property is adjacent to Santander and occupiers in the immediate vicinity include WH Smith, the Library and Lloyds Bank.
ACCOMMODATION
Approximate internal dimensions and areas are detailed below:
GROUND FLOOR
INTERNAL WIDTH 20 7” 6.3 m
TOTAL DEPTH 52’9” 16.1m
GROSS FLOOR AREA APPROX. 800 sq ft 74 sq m
LEASE
The ground floor property is currently held on a lease to expire on 14th October 2025 at a rental of £16,000 pa (exclusive of rates).
We understand the Landlords are willing to consider granting a new lease or lease extension.
BUILDING INSURANCE & SERVICE CHARGE
The tenant will be responsible for the payment of building insurance and service charge.
FREEHOLD
The Freehold is available at £385,000.
This will include the Ground Floor which currently produces an annual rental of £16,000 but is available with vacant possession plus 2 x Two Bedroom flats let on AST’s producing £12,900.
The total current income is £28,960 per annum.
BUSINESS RATES/COUNCIL TAX BANDS
Retail Unit Rateable Value – £7,900
Both flats are in Council Tax Band A
Please contact the Local Authority for further information.
ENERGY PERFORMANCE CERTIFICATE
The ground floor has a rating of 115 (Band E).
Both flats have a rating of Band D.
A copy of the certificates are available upon request.
LEGAL COSTS
Each party are to be responsible for their own legal costs incurred in this transaction.
VAT
We understand that VAT is not payable on the rental or purchase price, however, interested parties are advised to make their own enquiries.
VIRTUAL TOUR OF THE PROPERTY
Please click on the following links:
Ground Floor internal –
External Video-
VIEWINGS
Strictly by prior appointment with AMT Commercial on 01527 821 111