TO LET: An opportunity to lease a deceivingly spacious single story, lock-up retail unit with the benefit of consistent footfall of a busy town centre. Approximate Gross Internal Floor Area: 1173.27 sq. ft. (109 sq. m) The unit has previously been used as a salon and has excellent links to Wednesfield, Wolverhampton and Walsall. Being within a short walk of busy bus stops linking to neighbouring towns. The accommodation comprises of retail area to front, preparation/treatment area to rear alongside storage room kitchenette and WC LEASE Lease will be granted for a period of 2-5 years. This is subject to negotiations but will be subject to a minimum terms of 2 years. LEGAL COSTS The in-going tenant will be responsible for the landlord's legal costs in the preparation of the lease. SERVICES AND APPLIANCES Mains electricity, water and drainage are available. Innovate Estate Agents have not tested any apparatus, equipment, fixtures, fittings or services and so cannot verify they are in working order or fit for their purpose. The tenant is advised to obtain verification from their Solicitor or Surveyor. RATING ASSESSMENT Rateable Value (2017 List): £11,250 (Shop and Premises) Where provided the Agent has made an online enquiry with the Valuation Office website and this information should be verified by interested parties making their own enquires. EPC Energy rating E VIEWING Strictly by prior appointment via Agent's who will accompany prospective tenants around the property. IMPORTANT NOTE If you are considering entering into a lease for commercial premises, before proceeding we would draw to your attention the existence of the Code for Leasing Business Premises First Edition February 2020 This document and its supplemental guide sets out the basis on which negotiations of the lease terms should be undertaken. It is recommended that you obtain your own professional advice with regard to the Code and the proposed lease terms before proceeding. MONEY LAUNDERING REGULATIONS In order to comply with Money Laundering Regulations, any prospective tenant will be required to provide the following: 1. Satisfactory photographic identification. 2. Proof of address/residency. Satisfactory bank and trade references will also be required.

*DOCUMENTS REQUIRED FOR ALL TENANTS APPLYING:

- 3 months bank statements

- 3 months wage slips

- A form of photographic ID

- Completed application form*

 

At Innovate Estate Agents, we strictly do not discriminate against any application, on any grounds. However, some landlords may have stipulations in their mortgage conditions or insurance policies that they must only accept tenants who are in full time employment. Therefore, Innovate cannot accept any responsibility for rejecting any tenants seeking benefits.

Fees for tenants:
Upon application being accepted by the landlord, you will be required to pay a holding fee equivalent to 1 weeks rent.
PLEASE NOTE: if you fail referencing due to none disclosure of crucial information such as not declaring credit issues or falsely declaring information, the holding fee is not refundable. If you decide not to proceed with the property, the holding fee is not refundable.

Once referencing has passed you will be required to pay a fee equivalent to 4 weeks rent, which is added to your holding fee to form your deposit which will then be registered with the Deposit Protection Scheme. Once this is paid, your move in date will then be agreed. On or before the date of collecting the keys to the property you will be required to pay your first month's rent.

For exact costings of the property you're interested in, please contact a member of our team.

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