Worcester Road, HagleyAnnual Rental Of £7,950
Let STCCottons Chartered Surveyors - 0121 247 474700004223
- Single Storey Retail Unit
- EPC Rating: E
- Net Internal Area 51.56sq m
- Front Retail Area
- Rear Kitchen/Staff Area
- Store Room and W.C.
- Rear Courtyard/Parking Space
- Available from 2nd January 2021
A single storey RETAIL UNIT in a HIGHLY DESIRABLE VILLAGE LOCATION within HAGLEY. With accommodation comprising; front retail area, rear kitchen/staff room, store room and W.C. Net Internal Area (NIA) 51.56sq m. With rear courtyard/parking space. AVAILABLE FROM 2ND JANUARY 2021. Available on Full Repair and Insuring (FRI) lease. EPC RATING: E.
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 premises are situated towards the southern end of Worcester Road (B4187) just off Kidderminster Road (A456) in the mixed commercial and residential area of West Hagley, approximately 5.5 miles east of Kidderminster.
The premises occupy a central village location, close to local shopping, public transport and community facilities.
The premises comprise a self-contained single storey retail unit located in the middle of a shop parade.
The premises is approached directly off the pavement from Worcester Road
The accommodation comprises a retail shop front area, rear kitchen/staff area, store room and W.C.
There is one car parking space available in the yard at the rear of the site, approached via a service road.
- Net Internal Area (NIA) - 51.56sq
Mains water, drainage and electricity are connected to the premises.
None of the services were tested.
Rateable Value: (2017 ONWARDS RATING LIST): £4,350
[Interested parties should make their own enquiries of the Charging Authority, Bromsgrove District Council]
It is believed the premises have planning permission for A1 Retail Use.
The premises are offered to let by way of a new lease on effective tenants full repairing and insuring (FRI) terms,.
We understand the VAT exemption in respect of this property has not been waived. Accordingly, we anticipate the rent and other payments falling due under the lease shall not attract VAT.