Retail Property (High Street) for Rent

Prominent Town Centre Location Hot Food Takeaway Use 1039 sq.ft. (96.53m²) Close to Morrisons Supermarket

LOCATION:  The property occupies a prominent position on the eastern side of Lichfield Street close to its junction with the busy intersection of Lichfield Street and the A4148 Littleton Street West /Broadway North which form part of Walsall ring road.  There is a large Morrisons supermarket to the rear.

DESCRIPTION:  The property comprises a mid-terraced ground floor lock-up shop in a two-storey building.

ACCOMMODATION   Retail Shop with glazed display window, entrance door to Small Stores, Toilet. TOTAL NET INTERNAL FLOOR AREA: APPROXIMATELY 1039 SQ.FT. (96.53M²).

NB:  The property is currently being refurbished and will be let as a white box.

SERVICES: All mains services appear to be connected or available to the property.  No tests have been applied to any of the services or appliances.

RATING DATA: (information obtained from the Valuation Office Agency Web Site):

Rateable Value:           £9,700

Description:                Shop and Premises

NB:  Small Business Rate Relief may be available.  Interested parties are advised to make their own enquiries of the Local Authority in this regard.

TOWN PLANNING:   The property has most recently been used as a pizza takeaway and a similar use is thought appropriate.  Interested parties are advised to make their own enquiries of the Local Authority Planning Department in respect of their intended use.

TERMS:   The property is available to let by way of a new ten year effectively full repairing and insuring lease, subject to a rent review at the end of the fifth year of the term, at an asking rental of £17,000 per annum exclusive.

COSTS:  Each party to be responsible for their own legal costs incurred in connection with the preparation of the Agreement.

REFERENCES:  The ingoing Tenant will be required to supply references to be taken up by the Landlord’s Agent for a non-returnable fee of £75.

ENERGY PERFORMANCE CERTIFICATE:  The property has a rating of ……...  A copy of the EPC will be available for inspection at the agent’s offices or on their web site.

VIEWINGS:    Contact Fraser Wood Commercial on 01922 629000 or  Joint Agents, Burley Browne, on 0121-321-3441.

Please note that all parties viewing the property do so at their own risk and neither the vendor nor the agent accept any responsibility or liability as a result of any such viewings.