The property is situated in a prominent location fronting Hagley Road West. The property is surrounded by a mixture of retail and residential and is located approximately 5 miles from Birmingham City Centre. Junction 3 of the M5 Motorway is located approximately 2 miles from the subject premises.
The property is a two storey building with brick elevations surmounted by a flat roof. The retail unit is self-contained and located on the ground floor. Internally the property benefits from a glazed shop front, laminated flooring, plaster & painted walls, suspended ceiling incorporating fluorescent strip lighting, CCTV, alarm, a store and WC facilities. There are electric metal roller shutters to the front of the property. Parking is also available at the front & rear.
Energy Performance Certificate:
Details available upon request.
We are advised all main services are connected.
Mason Young Property Consultants has not checked and does not accept responsibility for any of the services within this property and would suggest that any in-going tenant or occupier satisfies themselves in this regard.
Tenure / Price:
The property is let on a 15 year FRI lease with effect from 20th November 2006 at a passing rent of £9,875 per annum exclusive.
A premium of £30,000 is sought in respect of the fixtures and fittings. Further details are available upon request.
The property is currently listed within the 2015 rating listing as have a rateable value of £8,200. Rates payable will be in the region of £3,927.80 per annum.
Interested parties are advised to make their own enquiries to Sandwell Metropolitan Borough Council on 0121 368 1100.
We understand that the property is not elected for VAT.
Each party to be responsible for their own legal costs incurred during this transaction.