114-118 High Street, Erdington, Birmingham, West Midlands, B23 6RS

LOCATION

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.

DESCRIPTION

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.

FLOOR AREAS

The property comprises the following approximate areas and dimensions:

Ground Floor Sales - 344 sq m 3,700 sq ft

Frontage - 11.8 m 38’8”

Depth - 29.5 m 96’9”

First Floor Storage - 191 sq m 2,057 sq ft

Total - 535 sq m 5,757 sq ft

SERVICES

It is believed that all main services are connected to the property. Interested parties should verify this for themselves.

LEASE TERMS

A new FRI type lease for a term of years to be agreed between the parties and incorporating upward only rent reviews.

RENTAL

On Application.

All rentals etc are quotes exclusive of rates, water rates, VAT and all other outgoings, etc. Rental to be payable quarterly in advance.

LEGAL COSTS

Each party to pay for their own costs incurred in a transaction.

BUSINESS RATES

2017 Rateable Value - £42,000

Payable Rates (2017/18 – 0.479p in the £) - £20,118

POSSESSION

Full vacant possession will be offered upon completion of all legal formalities.

VAT

All rentals etc exclude the liability of VAT, which may be chargeable as an addition and at the appropriate rate prevailing.

EPC

C64.

Under Offer

Notice and Conditions

White Rose Real Estates Ltd for themselves, for any joint Agents, the vendors or lessors give notice that these particulars have been prepared and are intended for general guidance of the prospective purchasers or lessees but do not constitute or form part of any offer or contract. All Information, descriptions, dimensions, references to permissions, use, occupation and other details is supplied in good faith and believed to be correct at the date of issue. The accuracy of such information cannot however be guaranteed and intending purchasers or lessees must rely on their own inspection, enquiries and survey. Neither the directors nor the staff of White Rose Real Estates Ltd or any joint Agent or sub Agent has authority to make or give any representations or warranties whatsoever in relation to the property.