RENT 49,950 PER ANNUM (MIGHT SELL)

Transcription

1 TO LET (MIGHT SELL) 7, 8 & 9 MARKET PLACE REDDITCH TOWN CENTRE WORCESTERSHIRE, B98 8AA (adjacent Kingfisher Centre) * SPACIOUS PROMINENT RETAIL STORE 10,143 SQ FEET * POTENTIAL FOR CHANGE OF USE TO A3/4 * CENTRAL PEDESTRIANISED ZONE * NEW LEASE RENT 49,950 PER ANNUM (MIGHT SELL)

2 LOCATION The property is located in a prominent position on Market Place, near Redditch Public Library, Bar Fever and other nearby properties are occupied for a variety of retail uses, including Fever Public House, Cancer Research Campaign and Paddy Power bookmakers. Market Place is part of the pedestrianised Town Centre of Redditch with Kingfisher Centre now attracting the major multiple retail representation, and which is anchored by Debenhams Department Store and also includes many other major multiple retailers, including Boots, WH Smiths, B & M and Next. DESCRIPTION The property, which was built for Woolworths some years ago, is of concrete-framed construction and has a facing brick front elevation. The main roofs to the building are asphalt. The property enjoys rear servicing facilities, shared with the adjoining Kingfisher Centre, with vehicular access to the service yard area at first floor deck level, which enables deliveries to the property via a goods lift to first floor and ground floor. The building comprises:- (i) (ii) (iii) (iv) Ground floor open-plan sales accommodation, having wide frontage to Market Place. A goods lift facility from the rear, direct to and from the service deck. First Floor storage. The top floor comprises office and staff accommodation, including ladies and gents toilets. There is an in-situ concrete staircase located to the left-hand side of the main frontage, which links between basement, ground, first and second floors and there are fire escapes at the rear of the property to each floor, with the exception of the basement floor. The property has its own sprinkler system, and an independent fire alarm system. ACCOMMODATION The accommodation comprises the following approximate dimensions and floor areas:- Net Frontage 56 6 Internal Width 57 6 maximum Shop Depth maximum Sales Area G/Floor Store Adjoining Lift F/Floor Stores Store Adjoining Lift Second Floor Basement 5500 sq ft net 108 sq ft net 2052 sq ft 166 sq ft 1801 sq feet 516 sq ft PLANNING A1 Retail (potential for A3). TENURE New Business Lease for term 5, 10 or 15 years.

3 RENT 49,950 per annum (no VAT) SALE Our Client may give consideration to the sale of their Long Leasehold (99 years from June 1973). Please call to discuss. SERVICE CHARGE 7-9 Market Place is within Kingfisher Shopping Centre and enjoys shared use of the rear Service Road and Deck. RATEABLE VALUE 86,000. LEGAL FEES In the event of a letting, landlords proper Legal Fees to be paid by incoming tenant. VIEWING Strictly by prior appointment only, via our Reception

4 7, 8 & 9 MARKET PLACE REDDITCH TOWN CENTRE B98 8AA

5 Misrepresentation Act: The accuracy of any description, dimensions, references to condition, permissions for use and occupation and other details contained herein are not guaranteed and are for guidance only and as such prospective purchasers or tenants must not rely on them as statements of fact or representations and must satisfy themselves of their accuracy. Neither John Truslove nor any of their or representatives has any authority to make or give any representation, warranty or enter into any contract whatsoever in relation to the property. Prices and rents quoted in these particulars may be subject to VAT in addition. The reference to any mechanical or electrical equipment or other facilities at the property shall not constitute a representation (unless otherwise stated) as to its state or condition or that it is capable of fulfilling its intended function.