Retail Shop to let in Lichfield

Retail Shop to let - 19 Baker's Lane, Lichfield, UK

Facilities
  • 24 hr Access
  • Retail Use
  • Self contained premises
Description

Retail Shop to let in Lichfield.
Location
Lichfield is located in southern Staffordshire, approximately 10 miles north of Sutton Coldfield and six miles north west of Tamworth.
Access to the national motorway network is facilitated via the Northern Relief Toll Road, junctions for which are situated within 3 miles of the City Centre.
The subject unit occupies a prime position within the Three Spires Shopping Centre on Bakers Lane and is adjacent to Vision Express and other occupiers of note in the immediate vicinity include Marks & Spencer Simply Food, W H Smith and Argos a 48,000 sq.ft. Debenhams.
Description
The subject premises comprise a large ground floor retail unit with first floor ancillary accommodation.
The property may be suitable for subdivision, with further details upon request.
Accommodation
Internal Width - 5.79m (19 ft 00 ins)
Shop Depth - 10.31m (33ft 10ins)
Ground Floor Sales - 57.2 sqm (616 sq ft)
First Floor Ancillary - 47.1 sqm (507 sq ft)
Tenure
The premises are offered by way of a new 15 year effectively fully repairing and insuring lease subject to five yearly upward only rent reviews.
Rental
Rental offers in the region of £47,500 per annum are invited, exclusive of rating, service charge and VAT.
Rating Assessment
Rateable Value (2017/2018) £38,000
Service Charge
The Service charge on this property to is £4,063.62.
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 any transitional relief applies.
Planning
The subject premises benefit from A1 (Standard Retail) Planning Consent.
Legal Costs
Each party is to be responsible for their own legal costs incurred in any transaction.

Area
1123 sq ft
Security Shutters
No
Use
A1 (Retail)
Location
City/Town Centre
Minimum Availability
12 Months
Price per annum
£47500
Location
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