Retail Property (high street) High Street, Quarry Bank, Brierley Hill, West Midlands, DY5 Annual Rent of £6,000

Reference: 37196_MSQ220218_L

Retail Property (high street) for rent: High Street, Quarry Bank, Brierley Hill, West Midlands, DY5


Reference: 37196_MSQ220218_L

Available From:

Thursday 21 July 2022

Description

An opportunity to lease a ground floor lock-up shop occupying a prominent trading position fronting High Street, Quarry Bank. EPC = D (79)

PROPERTY DESCRIPTION
ACCOMMODATION

RETAIL SHOP AREA: Frontage: 3.60m x 14.89m

REAR OF SHOP: 3.60m x 6.55m with wash hand basin. Partitioned to form:

CHANGING ROOM

OFFICE

WASHROOM with w.c. and wash hand basin.

Rear door with internal roller shutter providing access to rear yard.

Gross Internal Floor Area: 77.18 sq.m. (830 sq.ft.) or thereabouts.

OUTSIDE Doorway access to rear yard.

LEASE
A new lease will be granted for a period of 6 years with a rent review after 3 years. The Agent has not checked the legal documents to verify the leasehold status of the property. The lessee is advised to obtain verification from their Solicitor or Surveyor.

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 will be available. The 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): £5000
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.

VAT
All figures quoted are exclusive of VAT where applicable.

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 (https://www.rics.org/globalassets/code-for-leasing_ps-version_feb-2020.pdf)

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.

NOTE:
The current tenancy will end on 21st August 2022.

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Contact Agent

Grants Of Ringwood
Tel: 01425 480456