This ground floor premises with promenenat frontage is located on Percy Road Sparkhill, Birmingham, B11 3JS approximately three miles from City Centre close proximity to Stratford Road A34 and Warwick Road A41.
The retail unit is located on the ground floor with frontage and is accessed from Percy Road parking for customers on the road.
The unit comprise a ground floor retail frontage benefit of an electrically operated rollers ceiling lights, floor tiling, suspended ceiling, kitchen and W.C.
Approximate internal dimensions and areas are detailed below:
Ground Floor: Retail Shop Sq. Ft" 1300/ Sq. M 120.77
Lease: The property is available for a term of 5 year with a 3-years rent reviews and break clause.
Rent: The property is available at a rent of £11,000.00 per annum, subject to contract terms to be agreed.
Rent: £2,750.00 (to be paid quarterly in advance)
Deposit: Equal to 3 Months’ Rent
Repair obligations: Full Repairing and Insuring Terms.
Rateable Value: We are advised the Rateable Value: £0.00. Please contact the Local Authority for further information.
Legal Costs: The ingoing tenant will be responsible for their own legal costs incurred in this transaction.
VAT: We understand that VAT is not payable on the rental, however, interested parties are advised to make their own enquiries.
Agency Fee: Apply
Money laundering
The money laundering regulations require identification checks are undertaken for all parties purchasing/ leasing property.
Before a business relationship can be formed, we will request proof of identification for the purchasing/leasing entity.
This commercial unit is available immediately, please email us regarding a viewing.
Our agency will not progress an application until the holding deposit has been paid and an application form is completed and returned by the applicant(s). To avoid unnecessary delays, it’s important that you return your application form(s) within 48 hours.
The holding deposit is the equivalent of one week’s rent, which once paid, is offset against the total balance due.
A tenancy cannot be completed until the agreed first month’s rent and bond are paid in full. On occasions, the Landlord may request a guarantor in order to offer a tenancy subject to referencing. The holding deposit is non-refundable should following referencing, it is discovered that key material facts have been omitted or prove false which then leads to the Landlord declining your application.
By paying the holding deposit, the property you have reserved will be taken off the market and all future viewings cancelled, and it is therefore deemed fair that the tenant will receive no refund should they later decide not to take up the tenancy or fail to move in on the agreed proposed check in date.
If the Landlord decides against proceeding with the tenancy, the tenant will receive a full refund of all monies paid.
Our helpful team are on hand to answer any queries and concerns you may have.
