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Reference M4827

Shop Premises in Walsall For Sale

Register to see map and to make an appointment Situated in a parade, busy road, residential area, WEST MIDLANDS WALSALL

Price Offers

Features

Spacious Empty Premises

The SPACIOUS PREMISES are situated on a busy road with commuter benefits including M6 & M5 linking to the Midlands motorway network. Close to railway station, residential area with various schools nearby.

Electric shutters to SPACIOUS PREMISES in the region of 271 sq. metres with small stockroom

Staff w.c. & wash hand basin

The premises are situated next to a busy Convenience Store which we understand has been established for 5 years, in our opinion these spacious premises offer terrific potential for a number of Retail Trades.

Tenure

The landlords are prepared to grant, subject to satisfactory references, a new 25 years full repairing and insuring lease at a rental of 20,000 p.a. exclusive of rates for the first 5 years with rent review at that time and thereafter every 5 years.

We understand the granting of the new lease is subject to satisfactory references. We are further advised that the rental would be payable 3 monthly in advance & we are further advised that the landlords will require a 3 months rent deposit.

Uniform Business Rates: 9,000 p.a. approx. (awaiting final confirmation)

OUTSTANDING OPPORTUNITY TO ACQUIRE A NEW LEASE IN RESPECT OF THESE SPACIOUS PREMISES.

RECOMMENDED FOR EARLY INSPECTION

Price

NIL PREMIUM FOR THE NEW LEASE

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