LARGE RETAIL PREMISES – FORMER MY BUILDING SUPPLIES, SHELDON
£55,000 per annum (exclusive of rates)
The premises sit adjacent to Scrivens Opticians and Coventry Building Society with retailers including Pan Pharmacy,Subway, Iceland, Costa Coffee and Card Factory. Directly opposite is Dream Beds, with Halfords, M&S Food and Morrisons nearby.
*Parking within the centre is free for the first 30 minutes
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The shopping centre is well located fronting the main A45 Coventry Road, a major arterial route into Birmingham City Centre from Coventry and Birmingham Airport.
DESCRIPTION
The premises sit adjacent to Scrivens Opticians and Coventry Building Society with retailers including Pan Pharmacy, Subway, Iceland, Costa Coffee and Card Factory. Directly opposite is Dream Beds, with Halfords, M&S Food and Morrisons nearby.
*Parking within the centre is free for the first 30 minutes.
ACCOMMODATION
The premises comprise a large ground floor retail unit.
The approximate area is as follows:
GROUND FLOOR
NET INTERNAL AREA 6,000 sq ft 557.42m
LEASE
The property is available by way of a new fully repairing and insuring lease for a term of years to be agreed upon.
RENTAL
£55,000 pa (exclusive of rates, service charge and VAT)
RATING ASSESSMENT
We are advised that the rating assessment is as follows:
Rateable Value: £52,500
Please contact the Local Authority for further information.
ENERGY PERFORMANCE CERTIFICATE
The property has a rating of 69 (Band C). A copy of the certificate is available upon request.
SERVICE CHARGE & INSURANCE
The service charge is currently £4,592 per annum (plus VAT)
Insurance is currently £3,824 per annum plus VAT (renewal due in January 2024)
LEGAL COSTS
Each party are to be responsible for their own legal costs incurred in this transaction.
VAT
We understand 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:
Internal Video –
VIEWINGS
Strictly by prior appointment with:-
AMT Commercial – 01527 821 111 or Creative Retail on 0121 400 0407