Redditch, Unit 3 Charlotte Place, 14 Studley Road, Lodge Park, B98 7LA
LOCATION
The premises are situated to the south east of Redditch town
centre within the Lodge Park suburb of the town. The property is
located in a prominent position off Studley Road at its junction with
Barlich Way.
The property is immediately adjoined by Booze Buster and Pizza
Hut. Other occupiers close by include Tesco Express, Coral
Bookmakers, Tesco Express, Max Barbers, Wok In Takeaway,
Andy’s Fish & Chips and Tropic Tan.
DESCRIPTION
The property comprises a ground floor brick-built retail unit situated
within a prominent roadside and residential parade. The property
benefits from a shared free car park to front and rear loading
facilities.
ACCOMMODATION
Ground Floor Sales NIA 185.56 sq m 1,997sq ft
External Store 4.33 sq m 47 sq ft
TENURE
The property is available by way of an assignment of the existing
lease which is due to expire 8th January 2022 at a current passing
rental of £31,500 per annum exclusive (subject to completion of
the outstanding rent review as at 8th January 2017).
RENT
£31,500 per annum, exclusive.
RATES
The information supplied by the Valuation Office Agency is as
follows: -
Rateable value £34,500
Interested parties should verify this information with the local
rating authority.
SERVICE CHARGE
The service charge will be payable in respect of maintenance
and upkeep of common areas. A guide to the service charge
budget is available upon application.
EPC
B39
LEGAL COSTS
Each party are to be responsible for their own legal costs.
VIEWING
All viewings by prior appointment through this office. Contact
Caren Foster on 0121 643 9337.
CONTACT
Chris Gaskell
Email: [email protected]
Retail Premises – Leasehold