Self-contained, versatile commercial premises, suitable for a wide range of retail, office or business uses. The premises occupy a visible location on Bridge View, close to the lower end of Coleshill High Street, and form part of a block of shops with residential accommodation above (separately let).
- Location
The property is situated in Coleshill Town Centre, approximately 11 miles east of Birmingham City Centre. The property is located close to Junction 4 of the M6 motorway and Junction 6 of the M42 motorway, linking the location with the National Motorway Network. The premises form part of a block of purpose-built shops, containing an off-license, hairdresser and children's play centre.
- Description
The premises comprise well-presented recently refurbished self-contained ground-floor commercial premises, forming part of a block of shops, with residential accommodation above. The upper floors comprise flats or maisonettes, which are separately let. The premises comprise a ground-floor shop or business space, with ancillary storage, office, kitchen and toilet facilities at the rear.
- Accommodation
Retail Area 655 sq ft. (60.8 sq m), kitchen 95 sq ft. (8.8 sq m), storage/office
102 sq ft. (9.5 sq m), lobby with wash basin, toilet with WC. Total Net Internal Area 852 sq ft. (79.2 sq m).
- Lease
The premises are offered To Let by way of a new lease of 10-years duration, with an upwards-only rent review after 5-years. The lease will be drafted on effective Tenants Full Repairing and Insuring Terms.
- Rent
£15,950 (Fifteen Thousand, Nine Hundred and Fifty Pounds), per annum, exclusive, payable quarterly in advance, on the standard or usual quarter days.
- VAT
The VAT exemption for the property has not been waived. Accordingly, the rent will not attract VAT.
- Rating Assessment
The property was removed from the Rating List on 28th November 2020. The premises will need to be reassessed for rating purposes.
- Energy Performance Certificate
Please see Energy Performance Certificate attached to these particulars. The premises attract a rating of C-75.
- Legal Costs
Each party shall bear their own legal Costs, incurred in connection with the preparation and completion of a new lease.
- Viewing
Strictly by appointment with the Sole Letting Agents, Cottons Chartered Surveyors. Stephen Sutton, Amanda Starkey, Telephone 0121 247 2030, email: ssutton@cottons.co.uk and astarkey@cottons.co.uk.