Retail premises to let in High Street, Lye, Stourbridge DY9

To let

Retail Total : 620 sq ft/57.5 sq m

* Highly Prominent

* Possible Forecourt use

Location

Situated at the end of the high street Overlooking the prominent junction of dudley road - A4036 / pedmore road – A4036 / high street – A458 / lye by-pass, close lye Railway Station. Two Doors from william hill close Bhandals Dentist

Description

Comprising an end-terraced, air

conditioned lock-up shop inc Kitchenette/toilet

plus storage room

Advantages include ;

Versatile space
Free public car park nearby
Air con unit, Highly visible location
Toilet and kitchenette facilities.

Ground Floor

Shop : Width 18’ 3” - net

Sales Depth : 34’ max

Sales Area 620 sq ft gross / 57.5 sq m

Toilet & Store Room

Utilities

All mains services are installed and connected. Exc Gas.

Planning :

Retail consent

Rating

Rateable Value £7,000

Rates Payable 2024-25 £3,500.00 unless applicant qualifies for Small Business Rates Relief then nil payable

tenure :

To be let on a new effective six year full repairing and insuring lease, at a rental of

£ 7,000 pa payable quarterly in advance., subject to upward only rent reviews every three years to the highest of Open Market Rental Value or by reference to the increase in rpi index, min 1% pa and max 3 % pa

VAT : Not applicable

service charge : To recover landlords communal costs eg lighting, repairs and so on a charge of £ 250 per quarter will be levied.

Legal costs : Ingoing lessee responsible for all the landlord’s “reasonable” legal costs.

EPC rating : C59 – further details upon request.

Possession : Vacant Possession is available upon completion of the legal formalities.

Viewing: By appointment with the agents

Notice

Leon shutkever & co Ltd as agents for the vendor and for themselves, give notice that;

These particulars do not constitute an offer, or contract, or any part thereof and none of the statements contained in the particulars as to the property is to be relied on as a statement or representation of fact.

An intending purchaser must satisfy himself by inspection or otherwise, as to the accuracy of the statements herein. Such statements are made in good faith but without responsibility on the part of Leon Shutkever & Co Ltd or the vendor.

The vendor does not make or give, nor is Leon Shutkever & Co Ltd or their staff authorised to make or give any representation of warranty in respect of this property.

In the event of any inconsistency between these particulars and the Conditions of Sale, the latter shall prevail.

Subject to contract

The terms Vendor and Purchaser shall where the context requires be deemed to refer to Lessee and Lessor respectively.