Prominent High Street Position

The property is arranged over ground floor only. Tenure The premises are available by way of an assignment of the existing lease expiring 14th June 2027. There is a Tenant break option on 14th June 2022. Alternatively, the premises are available by way of a sub-lease until May 2022. Rent £20,500 per annum exclusive. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £24,750.00 and the rates payable are £11,880.00 pa. The UBR for 2018/2019 is 48.0p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes.
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Location Description

The property is located in the town of Henley in Arden, approximately 8 miles south of Solihull. Birmingham is located 15 miles to the north and Stratford-upon-Avon 9 miles to the south. The property benefits from a prominent position in High Street, the primary retail pitch in the town. Nearby occupiers include The Co-operative Food, Lloyds Bank, and Costa Coffee.

Sizes and Measurements

Total Size

1,775sqft

Sales Area

1,775sqft

Floors Available

Ground Floor

Details

Retail Ground Floor

Size

1,775sqft

Status

Available

Available from

Now

Lease Information & Charges

Lease End

14/06/2027

Next Lease Break

14/06/2022

Lease type

Assignment

For rent

£20,500/pa

UBR

48p

Ratable Value

£24,750.00

Business Rates

£11,880/pa

Specification

  • Prominent position

Photos

HENLEY IN ARDEN

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