TO LET - Ground Floor Lock-up shop, forming part of a four-storey building with self-contained, separately let, residential accommodation above. The property is situated in a highly visible location on Dudley High Street. TOTAL NET INTERNAL AREA: 58.9 SQ M (634 SQ FT). RENT: £7,250 per annum, exclusive.
The property is located in the middle of a parade of shops on High Street, Brierley Hill, approximately 1 mile from the Merry Hill Shopping Mall.
The shop benefits from a high volume of passing vehicular traffic, with on-road car parking space available immediately outside the shop/
The premises comprise a ground floor lock-up shop, forming part of a four-storey building, with self-contained, separately let residential accommodation above.
The premises have a Net Internal Area of 58.9 sq m (634 sq ft).
Ancillary Accommodation as follows:
Open Plan Retail Space: 54.3 sq m (584 sq ft)
Office: 4.4 sq m (47 sq ft)
Whilst not tested, we understand mains water, drainage and electricity are connected to the premises.
We believe the premises may be used for retail purposes falling within Use Class A1 (Shops).
Applications from tenants seeking to use the premises for other purposes will need statutory consent and will be evaluated on their merits.
- BUSINESS RATES
Rateable Value: £5,400
Rates Payable: £2,484
Qualifying applications may be able to claim Small Business Rates Relief.
[Interested parties should make contact with the Charging Authority, Dudley Metropolitan Borough Council]
The premises are offered by way of a new lease to be drafted on effective tenants full repairing and insuring terms, having a minimum term certain of 3 years.
Applications for an alternative tenure basis will be evaluated on their merits.
Rental offers are sought in the region of £7,250 per annum, exclusive.
- LEGAL COSTS
Each party to bear their own legal costs incurred in progressing and completing a new lease.
The EPC Rating for the premises is D with a score of 86.
By appointment only through the sold letting agents - Cottons - 0121 247 2233
Contact: Mark Cullen
Contact: Stephen D Sutton FRICS