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Energy Performance Certificate Graph
- Ground-Floor business premises (upper-floors not included), Recently repaired and improved
- EPC Rating C-66
- New lease terms by negotiation
- No VAT on rent
- Occupier likely to benefit from Small Business Rate Relief
- Versatile Class E Use, suitable for variety of retail, office or commercial uses
- Locartion
The property is situated in Coleshill Town Centre, approximately 10 miles east of Birmingham City Centre. The property is located close to Junction 4 of the M6 motorway, and Junction 6 of the M42 motorway, linking the location with the national motorway network. The premises form part of a block of purpose-built shops, containing an off-license, hairdresser and beautician.
- Ground-Floor
The premises comprise well-presented, recently repaired and refurbished, self-contained ground-floor commercial premises, forming part of a block of shops, with residential accommodation above. The upper floors are separately let. The premises comprise a ground-floor shop or business base, with ancillary storage/kitchen and toilet facilities at the rear.
- Accommodation
Retail Area 461 sq ft. (42.8 sq m.) Kitchen/Store 92 sq ft. (18.5 sq m) Lobby with washbasin and toilet with WC Total Net Internal Area 553 sq ft. (51.4 sq m.)
- Lease
The premises are offered by way of a new lease, of 6-years duration, with an upwards-only rent review after 3-years. The lease will be drafted on Effective Tenants Full Repairing and Insuring Terms.
- Rent
£11,000 (Eleven Thousand Pounds), per annum, exclusive, payable quarterly in advance, on the standard or usual quarter days.
- VAT
The VAT exemption for the property has not been waived. Accordingly, the rent will not attract VAT.
- Rating Assessment
We have made informal enquiries of the Valuation Office Agency website, and have established that the premises have a Ratable Value of £8,900, in the 2023 Rating List. Qualifying occupiers will benefit from Small Business Rate Relief. Interested parties should make their own enquiries of the charging authority.
- Energy Performance Certificate
Please see Energy Performance Certificate attached to these particulars, The premises attract a rating of C-66.
- Legal Costs
Each party shall bear their own Legal Costs, incurred in connection with the preparation and completion of a new lease.
- Viewing
Strictly by appointment with the Sole Letting Agents, Cottons Chartered Surveyors. Stephen Sutton, Amanda Starkey, Telephone 0121 247 2030, email: ssutton@cottons.co.uk and astarkey@cottons.co.uk.
