The subject premises are situated in a prominent position on Stratford Road within a parade of shops occupied by other local independent retailers. The position benefits from a strong passing footfall with a wide range of trades represented in the vicinity. Birmingham City Centre is located approximately 3 miles North-West.
The property is a two storey mid-terraced building of brick-built construction surmounted by a pitched slate roof. Internally the property benefits from a glazed frontage, carpet & laminate flooring, plaster & painted walls, suspended ceiling incorporating CAT II lighting, gas central heating, power points, kitchen & WC facilities. To the front and the rear of the property is an electric metal roller shutter.
Energy Performance Certificate:
Details available upon request.
We are advised all main services are connected.
Tenure / Price:
The property is available at a quoting rent of £20,000 per annum exclusive, subject to contract. A premium of £10,000 is being sought for the lease. Terms to be agreed.
The property is currently listed within the 2015 rating listing as have a rateable value of £10,750. Rates payable will be in the region of £5,149.25 per annum.
Interested parties are advised to make their own enquiries to Birmingham City Council on 0121 303 5511.
We understand that the property is not elected for VAT.
Each party to be responsible for their own legal costs incurred during this transaction.