Leasehold For Sale

The property is of traditional brick construction, comprising a two storey, mid terrace property.  The property comprises of a ground floor banking hall which is regular in shape with ancillary storage space located in the basement and first floor. Tenure The property is held on an existing fully repairing and insuring lease for a term of 99 years expiring 28th September 2033.  The current passing rent is £10 per annum. Rent The property is available by way of an assignment.  Quoting premium, offers in excess of £50,000 per annum. Rates From information provided by the Valuation Office website we are informed that the current rateable value of the bank is £11,000.  This ignores any transitional relief that may apply.  Interested parties are advised to make their own enquiries with the Local Authority for verification purposes.
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Location Description

Rubery is a village situated within the district of Bromsgrove in Worcestershire.  It is located approximately 10 miles to the south west of Birmingham and 20 miles north east of Worcester.  Birmingham is the nearest major commercial centre to Rubery.  The retail offering in Rubery is arranged in a linear formation along New Road.  Occupiers include Lloyds Bank, William Hill, Dominos, Greggs, Lloyds Pharmacy.  The property occupies a mid-terrace position on New Road to the South West of the traditional village core.  The property has no car parking however there is parking to the front of the property.

Sizes and Measurements

Total Size

1,784sqft

Sales Area

1,178sqft

Floors Available

Ground Floor

Details

Retail Ground Floor

Size

1,178sqft

Status

Available

Available from

Now

First Floor

Details

Non-Sales

Size

289sqft

Status

Available

Available from

Immediately

Basement

Details

Non-Sales

Size

317sqft

Status

Available

Available from

Immediately

Lease Information & Charges

Lease End

28/09/2033

Lease type

Long Leasehold

For sale

£50,000

Specification

  • Leasehold for Sale
  • Parking Nearby
  • A2 Use

Floorplan

UNTITLED

Photos

20190128_104340

Map Data
Map data ©2019 Google
Map DataMap data ©2019 Google
Map data ©2019 Google
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