Dudley Street, DudleyAnnual Rental Of £6,000
Available to LetCottons Chartered Surveyors - 0121 247 474700003817
- Two Storey Retail Unit
- EPC Rating: TBC
- Gross Internal Area of 54.69 sq metres
- Shop Front
- Rear Kitchen & W.C.
- First Floor Office/Store
- Allocated Parking Space
- Popular Sedgley Location
A two storey retail shop on Popular Dudley Street, Sedgley. With Gross Internal Area of 54.69 sq metres. Comprising; shop front, kitchen, W.C. and first floor store room/office area. Outside to the rear an allocated parking space.
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 within the Sedgley Town Centre on the main 'Dudley Street' (A459) shopping area on a busy road, within close proximity to Iceland, Lloyds Bank, Greggs, Co-op Travel, Nationwide and Tipton Building Society (Source Googlemaps August 2018). Also circa. 2.1 miles from Coseley Train Station, and circa. 11 miles from Birmingham City Centre.
A two storey mid terrace shop unit of traditional brick construction surmounted by a pitched tile roof.
Please refer to floor plan for dimentions.
- Ground Floor
Shop front, kitchen, W.C.
- First Floor
Store Room/Office Area.
- Gross Internal Area
Ground Floor - 29.26sq metres.
First Floor - 25.43 sq metres.
Total - 54.69 sq metres.
To the rear having allocated parking space.
- Terms Available
The property is available on a full repair and insuring lease.
- Additional Letting Option
At the time of this advert, the adjacent property, 9 Dudley Street is also available to let with Cottons for the same client for £9,950 per annum. Historically, 9 and 11 Dudley Street were previously operating as one unit and both units can be let together under a single lease, available for £15,950 per annum.