126 High Street, Kings Heath, Kings Heath, West Midlands, B14 7LG

High Street property to let

Property details

Type Retail
Tenure Leasehold
Size 1,974 sq ft
Price £52,500 pa
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  • Ground floor sales area with first floor storage.
  • 1,979 sq ft
  • Prominent High Street Location.
  • Flexible lease terms available
  • To Let – £52,500 pa
The premises benefit from a prime trading location on High Street sitting adjacent to Lloyds Pharmacy and Scrivens with other nearby occupiers including Wilko, Specsavers and Greggs. The property has the added benefit of lying-in close proximity to two large pay and display car parks situated off Institute Road.

The property comprises ground floor sales space with first floor staff/storage and a floor to ceiling glazed shop front on to a wide pavement. There is a service yard situated to the rear of the development, which each tenant has the right to use for the purpose of deliveries and servicing.

The premises comprise of the following approximate floor areas:
VAT may or may not be applicable. Purchasers should satisfy themselves in this regard.
Business Rates
The rateable value is currently assessed as: Rateable value: £45,250 The government has extended a business rates holiday to all commercial premises with a Rateable Value under £51,000 for the 2020/21 tax year. Please contact the Local Authority for further information.
The property has an EPC rating of D.
Legal Costs
Each party are to be responsible for their own legal costs incurred in this transaction.
Anti Money Laundering
In accordance with Anti-Money Laundering Regulations, two forms of identity and confirmation of the source of funding will be required from the successful tenant.