Hagley Road, Oldswinford, Stourbridge
£18,000 pa (Tenant Fees)

Full Description

Situated in the heart of Oldswinford in area of mixed commercial and retail premises. The property is surrounded by similar properties and forms part of a terrace of retail / commercial buildings.
Within easy reach of many local services including shops, cafes, eateries and pubs. Close, railway station and Stourbridge Town Centre.
ACCOMMODATION
The property comprises a mid-terraced commercial / retail premises over three floors of standard brick construction with tiled and pitched roof. The property is well maintained and fitted out ready for immediate use. The accommodation comprise a gross internal floor area of c 735 sq ft. (68 sq m)
LEASE
The property is available by lease at a rental of £18,000 per annum exclusive.
SALE
Offers are invited for the freehold interest - no VAT on sale.
BUSINESS RATES
Tenants are responsible for all Business Rates - small business rates relief should be available. Current Rateable Value £6,500 from April 2023.
INSURANCE - The freeholder undertakes Buildings Insurance.
LEGAL COSTS - Each party to pay all own costs in respect of this transaction.
VAT - We understand VAT will be not charged on the sale of this property.
VIEWING - please contact the Agents

GENERAL TERMS
References The successful tenant / purchaser will need to provide either a satisfactory bank reference and / or two trade references for approval.
Money Laundering The successful tenant will be required to submit proof of identity, in accordance with money laundering regulations.
Fixtures & Fittings Any fixtures and fittings not expressly mentioned within these particulars are excluded from the transaction.
Areas & Dimensions All areas and dimensions are deemed to be approximate only.