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SHOP
BIRMINGHAM
Unit 1, St Andrews Retail Park, Coventry Road, Small Heath, B10 0XA
Prominent Retail Unit (3 MONTHS RENT FREE)
248.50 Sq m (2,675 Sq ft)
Location
The unit is prominently situated to the front of the development which comprises a Morrisons food store of 7,593 sq m (81,753 sq ft), a former Big W which is in the process of being sub-divided to provide stores for Arcadia and Boots amongst others and a Dixy Chicken.
The scheme also benefits from circa 650 free car parking spaces and Morrisons petrol filling station.
The A4540 Inner Ring Road is 0.5 miles to the west with Birmingham city centre some 2.5 miles to the west. Birmingham City Football Club is adjacent.
Description
The unit comprises fully fitted premises arranged over ground floor.
Planning
The unit benefits from Class A1 planning permission.
Rating
We are verbally advised the 2010 Rateable Value for the unit is £23,250, the UBR for 2010/2011 being 41.4p.
Interested parties are advised to make their own enquiries to the Local Authority for verification purposes.
VAT
All figures quoted are exclusive of Value Added Tax which will be charged at the prevailing rate.
Accommodation
The unit comprises the following approximate floor areas:
| Sq m | Sq ft | |
|---|---|---|
| Ground Floor | 248.50 | 2,675 |
Note: The above areas have been calculated on an approximate net internal basis and must be verified by the ingoing tenant.
Terms
The unit is available by way of a new full repairing and insuring lease for a term of 10 years subject to an upward only rent review at the end of the 5th year at a commencing rental of £25,000 per annum exclusive.
The initial annual service charge and building insurance will be in the region of £500 and £800 respectively.
An incentive equivalent to 3 months rent free is available subject to covenant status and length of lease, to be given as a reduced rent over the first year of the term.
Viewing
Strictly by appointment through sole agents.
Contact
