TO LET - Chivers Commercial
TO LET 21 ALCESTER ROAD SOUTH KINGS HEATH BIRMINGHAM B14 7JJ
£26,000 per year 1173.27 sqft / 109.00 sqm Retail
GROUND FLOOR RETAIL UNIT IN A PRMINENT CORNER POSITION
Location The property is located in the heart of the busy Kings Heath shopping centre. Kings Heath is South Birmingham’s major shopping area containing many chain traders including Boots, Sainsbury's, ASDA, Wetherspoons, etc. There is good public transport to the City Centre and other parts of the City with a three minute service at peak times.
Accommodation The premises are well placed close to Sainsburys on the corner of Alcester Road South and Drayton Road in a very prominent position. The premises have suspended ceilings throughout the retail area, a kitchenette and double glazing to ground floor areas. There is rear porch access to a small yard and loading gate to Drayton Road. ACCOMMODATION The ground floor contains an open plan retail unit with rear stores and cellar below. Ground Floor Retail Area – Maximum internal width 15’10”(4.86m) Internal depth 76’ 6”(23.3m) Net internal retail area
97.5 sq m1,050 sq ft
WC with wash basin --Rear Store 11.6 sq m 125 sq ft Cellar approximately 47.4 sq m 510 sq ft
Terms The premises are offered to let on flexible lease terms of three year multiples on an effectively full repairing and insuring lease at an asking rent of £26,000 per annum exclusive of rates and all outgoings. In line with the RICS Code of Practice for commercial leases, alternative terms may be considered. Contact the agents for further information.
Rateable value The Valuation Office website states that the property is currently assessed in the 2017 list as follows: Store and Premises: RV £18,500 UBR (assuming small business relief) from 1st April 2017 is 46.6p in the £. There is also the additional BID Levy of 1.5% of the Rateable Value payable on top of the Business Rates. Prospective tenants are strongly advised to make independent enquiries of Birmingham Council Rating Authority on 0121 303 5509.
Services We understand that the electricity, water and mains drainage are connected to the property. The agents have not tested the services and prospective tenants are advised to make their own enquiries regarding the adequacy and condition of these installations.
Planning It is understood that the property has A1 (general retail) use. Prospective tenants are advised to make their own enquiries with the planning department - 0121 303 1115.
Viewings Strictly by prior appointment with the sole agent Chivers Commercial. Please contact 0121 441 3040. [email protected]
Costs The incoming tenant will be responsible for the Landlord’s legal costs in the preparation of the lease. A non-returnable administration fee of £100.00 plus VAT will be required prior to the landlord instructing his solicitors.
VAT All figures quoted are exclusive of VAT which will be added as required.
Additional Information The property has an Energy Performance Asset Rating of 58(C). A copy of the certificate is available on request.
Misdescription act CONDITIONS UNDER WHICH THESE PARTICULARS ARE ISSUED: Chivers Commercial for themselves and for vendors or lessors of this property whose agents they are give notice that: (i) the particulars are set out as a general outline only for guidance of intended purchasers or lessees and do not constitute nor constitute part of an offer or contract; (ii) all descriptions, dimensions, references to conditions and necessary permissions for use and occupation, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them. (iii) no person in the employment of Chivers Commercial has any authority to make or give any representation or warranty whatever in relation to this property.
£26,000 per year 1173.27 sqft / 109.00 sqm Retail
GROUND FLOOR RETAIL UNIT IN A PRMINENT CORNER POSITION
Location The property is located in the heart of the busy Kings Heath shopping centre. Kings Heath is South Birmingham’s major shopping area containing many chain traders including Boots, Sainsbury's, ASDA, Wetherspoons, etc. There is good public transport to the City Centre and other parts of the City with a three minute service at peak times.
Accommodation The premises are well placed close to Sainsburys on the corner of Alcester Road South and Drayton Road in a very prominent position. The premises have suspended ceilings throughout the retail area, a kitchenette and double glazing to ground floor areas. There is rear porch access to a small yard and loading gate to Drayton Road. ACCOMMODATION The ground floor contains an open plan retail unit with rear stores and cellar below. Ground Floor Retail Area – Maximum internal width 15’10”(4.86m) Internal depth 76’ 6”(23.3m) Net internal retail area
97.5 sq m1,050 sq ft
WC with wash basin --Rear Store 11.6 sq m 125 sq ft Cellar approximately 47.4 sq m 510 sq ft
Terms The premises are offered to let on flexible lease terms of three year multiples on an effectively full repairing and insuring lease at an asking rent of £26,000 per annum exclusive of rates and all outgoings. In line with the RICS Code of Practice for commercial leases, alternative terms may be considered. Contact the agents for further information.
Rateable value The Valuation Office website states that the property is currently assessed in the 2017 list as follows: Store and Premises: RV £18,500 UBR (assuming small business relief) from 1st April 2017 is 46.6p in the £. There is also the additional BID Levy of 1.5% of the Rateable Value payable on top of the Business Rates. Prospective tenants are strongly advised to make independent enquiries of Birmingham Council Rating Authority on 0121 303 5509.
Services We understand that the electricity, water and mains drainage are connected to the property. The agents have not tested the services and prospective tenants are advised to make their own enquiries regarding the adequacy and condition of these installations.
Planning It is understood that the property has A1 (general retail) use. Prospective tenants are advised to make their own enquiries with the planning department - 0121 303 1115.
Viewings Strictly by prior appointment with the sole agent Chivers Commercial. Please contact 0121 441 3040. [email protected]
Costs The incoming tenant will be responsible for the Landlord’s legal costs in the preparation of the lease. A non-returnable administration fee of £100.00 plus VAT will be required prior to the landlord instructing his solicitors.
VAT All figures quoted are exclusive of VAT which will be added as required.
Additional Information The property has an Energy Performance Asset Rating of 58(C). A copy of the certificate is available on request.
Misdescription act CONDITIONS UNDER WHICH THESE PARTICULARS ARE ISSUED: Chivers Commercial for themselves and for vendors or lessors of this property whose agents they are give notice that: (i) the particulars are set out as a general outline only for guidance of intended purchasers or lessees and do not constitute nor constitute part of an offer or contract; (ii) all descriptions, dimensions, references to conditions and necessary permissions for use and occupation, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them. (iii) no person in the employment of Chivers Commercial has any authority to make or give any representation or warranty whatever in relation to this property.
