Retail Shop to rent in Lichfield

Retail Shop to rent - 11 Baker's Lane, Lichfield, UK

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

Retail Shop to rent 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 are adjacent to Jessops and Greggs. Other occupiers of note in the immediate vicinity include Vodafone, Body Shop and Marks & Spencer Simply Food.
Description
The subject premises comprise a ground floor retail unit with first floor ancillary accommodation. Loading is facilitated from the rear via a dedicated loading yard.
Accommodation
Gross Frontage - 4.59m (15ft)
Internal Width - 4.23m (13ft 10)
Depth - 11.88m (39ft)
Ground Floor Sales Area - 47.35 sq m (510 sq ft)
First Floor Ancillary - 30.21 sq m (325 sq ft)
Tenure
The subject premises are offered by way of a new 15 year effectively fully repairing and insuring lease subject to 5 yearly upward only rent reviews.
Rental
Offers in the region of £40,000 per annum are invited, exclusive of rating, service charge and VAT liability.
Rating Assessment
Rateable Value 2017/2018 £30,250
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.
Service Charge
The service charge for the current year on this property is £3,115.76 p exclusive of VAT subject to variation.
Planning
The subject premises benefit from A1 (standard retail) Planning Consent.
Legal Costs
Each party are to be responsible for their own legal costs incurred in the proposed transaction.

Area
510 sq ft
Security Shutters
No
Use
A1 (Retail)
Location
City/Town Centre
Minimum Availability
1 Month
Price per month
£40000
Location
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