138 & 140 High Street, Bromsgrove, B61 8ES

LOCATION
The premises at 140 High Street which were previously occupied by Shoe Zone are situated on the main High Street adjacent to Argos and Funktional Fitness and opposite Specsavers, Subway & Chapters Hair

ACCOMMODATION
The premises comprise a ground floor retail unit with first floor storage/staff accommodation. Approximate internal dimensions and areas are detailed below:

LEASE
The property is available by way of a new fully repairing and insuring lease for a term of years to be agreed upon in multiples of 5 years.

RENTAL
£25,000 pa (exclusive of rates).

RATING ASSESSMENT
We are advised that the rating assessment is as follows:
Rateable Value: £18,000
Please contact the Local Authority for further information

GROUND FLOOR
NET GROUND FLOOR AREA 1615 sq ft 150 sq m

FIRST FLOOR
NET FLOOR AREA 958 sq ft 89 sq m

VAT
We understand that VAT is payable on the rental and the purchase price, however, interested parties are advised to make their own enquiries.

BUILDING INSURANCE AND SERVICE CHARGE
Building insurance is £725 per annum. Service charge is approximately £5000 + VAT per annum.

ENERGY PERFORMANCE CERTIFICATE
The premises - 140 High Street has a rating of 79 (Band D). A copy of the certificate is available upon request.

LEGAL COSTS
Each party is to be responsible for their own legal costs incurred in this transaction.