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Energy Performance Certificate GraphThe property is situated in Coleshill Town Centre, approximately 11 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 children's play centre.
The premises comprise well-presented recently refurbished self-contained ground-floor commercial premises, forming part of a block of shops, with residential accommodation above. The upper floors comprise flats or maisonettes, which are separately let. The premises comprise a ground-floor shop or business space, with ancillary storage, office, kitchen and toilet facilities at the rear.
Retail Area 655 sq ft. (60.8 sq m), kitchen 95 sq ft. (8.8 sq m), storage/office 102 sq ft. (9.5 sq m), lobby with wash basin, toilet with WC. Total Net Internal Area 852 sq ft. (79.2 sq m).
The premises are offered To Let by way of a new lease of 10-years duration, with an upwards-only rent review after 5-years. The lease will be drafted on effective Tenants Full Repairing and Insuring Terms.
£15,950 (Fifteen Thousand, Nine Hundred and Fifty Pounds), per annum, exclusive, payable quarterly in advance, on the standard or usual quarter days.
The VAT exemption for the property has not been waived. Accordingly, the rent will not attract VAT.
The property was removed from the Rating List on 28th November 2020. The premises will need to be reassessed for rating purposes.
Please see Energy Performance Certificate attached to these particulars. The premises attract a rating of C-75.
Each party shall bear their own legal Costs, incurred in connection with the preparation and completion of a new lease.
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.