High Street Retail Property to Rent, 323/325 Penn Road, , WV4 5QF - CBRE Commercial

Overview

SHOP TO LET

The property is arranged over ground and first floors, the ground floor is a regular shaped retail unit with ancillary storage on the first floor. The unit provides the following approximate areas and dimensions: Tenure The premises are available by way of an assignment of the existing lease. Alternatively, the premises are available by way of a sub-lease for a term of years to be agreed. Rent £28,330 per annum exclusive. EPC Energy Efficiency rating is E. Energy Performance Certificate available on request. Rates We understand from the VOA website that the current Rateable Value of the shop is £22,803 and the rates payable are £11,196.27 pa. The UBR for 2019/20 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

Wolverhampton lies northwest of its larger near-neighbour Birmingham and forms the second largest part of the West Midlands conurbation. The subject property is located on the Penn Road fronting the A449 one of the main arterial routes into the city. Nearby occupiers include Dominoes, Tesco and Subway.

Sizes and Measurements

Total Size

1,978sqft

Sales Area

1,050sqft

Floors Available

Ground Floor

Details

Retail Ground Floor

Size

1,050sqft

Status

Available

Available from

Now

First Floor

Details

Non-Sales

Size

928sqft

Status

Available

Available from

Immediately

Lease Information & Charges

Lease type

Assignment

For rent

£28,330/pa

UBR

49.1p

Rateable Value

£22,803.00

Business Rates

£11,196.27/pa

Floorplan

323-325 PENN ROAD_ WOLVERHAMPTON_ WEST MIDLANDS - GOAD

Photos

323-325 PENN ROAD_ WOLVERHAMPTON_ WEST MIDLANDS_ WV4 5QF

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