The subject premises are situated and occupy a prime retailing position on the High Street in Erdington. Retailers in close proximity include Co-Op Supermarket, WH Smith, Greggs, Superdrug, Boots, Santander, B&M Bargains, Heron Foods etc.
The property is situated on the northern end of Erdington High Street. Erdington is located approximately 5 miles north west of Birmingham City Centre in close proximity to the countries motorway network, via junction 6 of the M6 Motorway.
The property comprises ground floor retail sales with upper first floor storage areas and staff facilities.
The sales area benefits from a good glazed frontage extending to approximately 11.8m (38’8”) with internal security shutters. The shop is accessed via two sets of double opening pedestrian doors.
The property is fitted out to modern standards, with suspended ceiling and gridmate lighting, lined / plastered walls etc.
The subject property benefits from rear servicing and loading facilities.
There is one hour on street parking to the front elevation, together with the majority of the High Street.
The property comprises the following approximate areas and dimensions:
Ground Floor (gross) - 291 sq m 3,137 sq ft
Frontage - 11.8 m 38’8”
Depth - 29.5 m 96’9”
First Floor Storage (gross) - 153 sq m 1,651 sq ft
Total - 444 sq m 4,788 sq ft
It is believed that all main services are connected to the property. Interested parties should verify this for themselves.
A new FRI type lease for a term of years to be agreed between the parties and incorporating upward only rent reviews.
All rentals etc are quotes exclusive of rates, water rates, VAT and all other outgoings, etc. Rental to be payable quarterly in advance.
Each party to pay for their own costs incurred in a transaction.
2017 Rateable Value - £42,000
Payable Rates (2017/18 – 0.479p in the £) - £20,118
Full vacant possession will be offered upon completion of all legal formalities.
All rentals etc exclude the liability of VAT, which may be chargeable as an addition and at the appropriate rate prevailing.