open a1 retail unit - ramsdens · confidential staff unaware . high street . bilston, west midlands...
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CONFIDENTIAL STAFF UNAWARE
HIGH STREET BILSTON, WEST MIDLANDS
WV14 0EZ
OPEN A1 RETAIL UNIT TO LET
14,272 sq ft (1326 sq m) Capable of Subdivision
• Close to Morrisons Supermarket • Adjoining occupiers include Subway, Co-op Pharmacy and McDonalds • 139 shared car parking spaces • Open A1 planning consent
LOCATION The property is located at the end of Bilston High Street fronting both the High Street and the A463 dual carriageway from J10 of the M6 motorway to Dudley and Wolverhampton forming part of the Black Country route. DESCRIPTION The property comprises a former retail foodstore adjoining 139 shared car park. Retailers on the same development include McDonalds, Co-op Pharmacy and Subway while Morrisons foodstore is nearby. PLANNING The premises benefit from planning consent for open A1 retail consent. ACCOMMODATION The existing accommodation provides the following approximate floor areas:- 14,272 sq ft (1,326 sq m) Capable of Subdivision Adjoining a 139 space shared car park.
TENURE The premises are held on a 25 year lease expiring 28th September 2024 at a passing rent of £135,584 per annum exclusive of rates and VAT equating to £9.50 per sq ft per annum. The lease incorporates 5 yearly open market rent reviews incorporating a 25 year term assumption. PRICE Offers are invited for the leasehold interest. RATEABLE VALUE Rateable Value: £171,000 Rates Payable: £ 74,043 LEGAL COSTS Each party will be responsible for payment of their own legal costs incurred in the transaction. VIEWING Michael Peachey Ramsdens 01564 796802 [email protected]
48 High Street, Henley in Arden,
Solihull B95 5AN
Tel: 01564 796800 Fax: 01564 792888
Email: [email protected]
Whilst every care is taken to ensure that these particulars are correct, their accurancy is not guaranteed, neither do they form part of any contract. All rent, prices and premiums are quoted exclusive of VAT.
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