111 LICHFIELD STREET WALSALL
CLOSE TO THE CENTRE OF WALSALL.
LOCATION: The property occupies a prominent position on the eastern side of Lichfield Street close to its junction with the recently completed traffic light control intersection of the A461 :Lichfield Street and the A4148 Littleton Street West/Broadway North forming part of Walsall’s Ring Road. Other occupiers within the immediate vicinity include Domino’s Pizza and Morrison’s Supermarket.
DESCRIPTION: The property comprises a GROUND FLOOR LOCK-UP RETAIL UNIT with an internal width of 24ft and depth 58ft 6ins. TOTAL NET INTERNAL FLOOR AREA : APPROXIMATELY 1,120 SQ.FT (104.05 SQ.M).
SERVICES: Mains electricity, water and drainage are connected or understood to be available to the property. No tests have been applied to any of the services or appliances.
Rateable Value : £8,200 Rates Payable : £3550. 60 per annum (2011/2012)
Description : Shop and Premises
Note: This information is for guidance purposes only. Interested parties are advised to make their own enquiries with the relevant charging authority to confirm rates payable and whether there is any transition relief.
The premises benefits from A2 (Financial and Professional Services). The subject premises may also be utilised for A1 (Retail) and may also be suitable for A5 (Hot Food Takeaway) subject to obtaining the necessary planning consent. Interested parties are advised to make their own enquiries of the Local Authority Planning Department in respect of their intended use.
The property is available to rent by way of a new 10 year effective full repairing and insuring lease subject to a rent review at the end of the 5th year of the term.
COSTS: Each party will be responsible for their own legal costs.
ENERGY PERFORMANCE CERTIFICATE: A copy of the EPC will be available for inspected at the Agent’s office.
INCENTIVES: A rent free period is available subject to covenant status.
REFERENCES: The Ingoing Tenant will be required to supply references to be taken up by the Landlord’s Agent for a non-returnable fee of £75.
VIEWING: Contact FRASER WOOD COMMERCIAL ON 01922 629000 or ROWLEY HUGHES THOMPSON on 0121 212 7800.
DECLARATION: We understand that a Director of Rowley Hughes Thompson has an interest in these premises.