The property comprises a double fronted ground floor retail / office unit suitable for a variety of uses subject to planning. Parking is available to the front of the property with a garden area to the rear. Please note that there is not a right of way over the adjoining drive to access the rear and use it as parking.
Location
The property boasts a highly prominent position on the busy Hagley Road West A458, close to its junction with Kingsway and fronting one of the main arterial routes into Birmingham City Centre. Junction 3 of the M5 motorway is a short distance to the south accessible via the Quinton Expressway.
Accommodation
NIA approx. 1,737 sq ft (161sq m)
Terms
Lease Terms - Available by way of a new FRI lease with a term and rent review pattern to be agreed.
Rent - £22,000 per annum excl.
VAT - The property is not VAT registered.
Rating Assessment:
Rateable value: £8,900
U.B.R.: XXX in the £ (2023/2024)
* The property may qualify for 100% small business rates relief.
* Eligible small businesses will pay no business rates where they occupy premises having a rateable value of less than £12,000. Details obtained online at www.gov.uk. This information should be verified by the new occupier together with their eligibility for transitional arrangements and small business rates relief scheme.
Fixtures, Fittings & Services - We have not tested any apparatus, equipment, fixtures, fittings or services. We therefore cannot verify they are in working order or fit for their purpose.
Legal Costs - Each party is to be responsible for their own legal costs incurred in the letting.
Energy Performance Certificate - EPC rating – E124.
Please contact the agent for further details.
Specification
- Prominent position fronting the busy Hagley Road West
- Parking available
- Ground floor retail / office unit
- Suitable for a variety of uses STP
- Undergoing refurbishment