Watford Road, CotteridgeAnnual Rental Of £8,950
Available to LetCottons Chartered Surveyors - 0121 247 474700003725
- Retail Shop in Highly Desirable Shopping District
- EPC Rating: C(71)
- Net Internal Area Circa. 49.33sq m
- 13.8m in Length Shop Front
- Rear Kitchen and W.C.
- Rear Courtyard with off Road Parking Amenity
- Double Glazing
- Combi Gas Central Heating
- Available Now
A GROUND FLOOR RETAIL UNIT with REAR PARKING/COURTYARD in HIGHLY POPULAR LOCATION within COTTERIDGE SHOPPING DISTRICT on the borders of BOURNVILLE. With Net Internal Area of 49.33sq m and having accommodation comprising; 13.8m in length shop front with roller shutter, staff kitchen, W.C. and rear courtyard with double gates providing off road parking amenity. Available NOW. EPC Rating: C(71)
Permitted Fees and Charges.
Holding Deposit: One week´s rent. This is to reserve a property. Please Note: This will be withheld if any relevant person including any guarantor(s) withdraw from the tenancy, fail a Right-to-Rent check, provide materially significant false or misleading information, or fail to sign their tenancy agreement and/or Deed of Guarantee within 15 calendar days or other Deadline for Agreement as mutually agreed in writing.
Security Deposit (per tenancy. Rent under £50,000 per year): Five weeks´ rent. This covers damages or defaults on the part of the tenant during the tenancy.
Unpaid Rent: Interest at 3% above the Bank of England Base Rate from Rent Due Date until paid in order to pursue non-payment of rent. This will not be levied until the rent is more than 14 days in arrears.
Lost Key(s) or other Security Device(s): Tenants are liable to the actual cost of replacing any lost key(s) or other security device(s). If the loss results in locks needing to be changed, the actual costs of a locksmith, new lock and replacement keys for the tenant, landlord any other persons requiring keys will be charged to the tenant. If extra costs are incurred there will be a charge of £15 per hour inc. VAT for the time taken replacing lost key(s) or other security device(s).
Variation of Contract £50 inc. VAT per agreed variation. (To cover the costs associated with taking landlord´s instructions as well as the preparation and execution of new legal documents)
Change of Sharer £50 inc. VAT per replacement tenant or any reasonable costs incurred if higher. To cover the costs associated with taking landlord´s instructions, new tenant referencing and Right-to-Rent checks, deposit registration as well as the preparation and execution of new legal documents.
Early Termination: Should the tenant wish to leave their contract early, they shall be liable to the landlord´s costs in re-letting the property as well as all rent due under the tenancy until the start date of the replacement tenancy. These costs will be no more than the maximum amount of rent outstanding on the tenancy.
Client Money Protection (CMP): RICS
Redress scheme: The Property Ombudsman
The property is situated in a prominent location fronting Watford Road, close to its junction with Northfield Road and Rowheath Road.
Birmingham City Centre is located approximately 5 miles north of the subject premises and the M5 Motorway located approximately 7 miles north.
The property is a two-storey end of terrace building of brick-built construction with a pitched slate roof.
The vacant accommodation is on the ground floor and benefits from UPVC glazed frontage, plaster and painted walls, suspended ceilings, gas central heating, WC and kitchen facilities.
To the front of the property is an electric metal roller shutter and to the rear of the property there is an area for car parking.
- Total Net Internal Area: 49.33 sq m (531 sq ft)
The EPC Rating for the premises is C with a score of 71.
Whilst not tested, we understand that all mains services are connected to the premises.
- BUSINESS RATES
Rateable Value: £6,100
Rates Payable: £2,921.90
[Interested parties are should make their own enquiries of the Local Authority,Birmingham City Council).
We understand that the VAT exemption for the property has been waived. Therefore, the rent shall not attract VAT.
Rent shall be payable every quarter, three months in advance.
- LEGAL COSTS
Each party shall be responsible for their own legal costs.