A high street retail unit situated in a well established retail pitch on Coleshill high street, adjacent to The Co-operative Food Store.
Location
Coleshill’s proximity has easy access to the M1, M5, M6, M40, M42, M54 and M69 means the town is well-placed for travel throughout the UK. The 27 miles M6 Toll is minutes away, avoiding the busiest section of the M6, from Junction 4 to Junction 11a.
Accommodation
430 sq.ft (39.9 sq.m)
Terms
Freehold and subject to the tenancies referred to below. 86 High Street - vacant. For the avoidance of doubt, the following have been sold on long ground leases as follows: 84-86 High Street - Let on a long leasehold basis for a term of 999 years from December 1995. Flats 1, 2 and 3 - Each sold separately on a long leasehold basis for a term of 125 years from March 1997.
Guide Price Offers in excess of £110,000 Retail Rent £12,000 per annum exclusive
Rates Rateable Value £7,400 Interested parties should verify the Rateable Value, the availability of any relief and the actual rates payable with the Local Authority (Birmingham).
Services All mains services are connected.
Service Charge & Insurance Fair proportion of service charge based on floor area. The Landlord will insure the premises the premiums to be recovered from the tenant.
Specification
- Prominent location fronting the High Street within Coleshill
- Popular local shopping area
- Close to various motorways including M6, M42 and M6 Toll
- Vacant shop ready for occupation
- Recently refurbished retail element
- Part investment