Overview

Leasehold Available

The property is arranged at ground, basement, first and second floors. Tenure The property is available on a new sub lease for a term until 12th December 2022.  The lease will be contracted outside of the Landlord & Tenant Act 1954. Alternatively, a new lease can be granted directly with the landlord. Rent £29,500 per annum exclusive. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £24,500.00 and the rates payable are £12,029.50 pa. The UBR for 2019/2020 is 49.10p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes
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Location Description

The subject premises are located in the town centre of Smethwick, approximately 3 miles west of Birmingham City Centre.  Nearby occupiers include TSB, Coral and a variety of local businesses.

Sizes and Measurements

Total Size

4,364sqft

Sales Area

1,845sqft

Floors Available

Ground Floor

Details

Retail Ground Floor

Size

1,845sqft

Status

Available

Available from

Now

First Floor

Details

Non-Sales

Size

1,417sqft

Status

Available

Available from

Immediately

Second Floor

Details

Non-Sales

Size

602sqft

Status

Available

Available from

Immediately

Basement

Details

Non-Sales

Size

500sqft

Status

Available

Available from

Immediately

Lease Information & Charges

Lease type

Assignment

For rent

Price On Application

UBR

49.1p

Rateable Value

£24,500.00

Business Rates

£12,029.50/pa

Specification

  • PROMINENT LOCATION
  • INCENTIVES AVAILABLE
  • SUITABLE FOR RESTAURANT USE SUBJECT TO CONSENT

Floorplan

SMETHWICK

Photos

SMETHWICK

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