To Let Commercial

Tudor Row, Lichfield
£11,750 pa

Property Details

***SHOP TO LET***CENTRAL LICHFIELD***Mark Webster Lettings are pleased to offer for let this well positioned shop to let in the beasutiful Tudor Row. The shop is a double fronted lock up unit, which has a central doorway. Stairs at the rear lead to first floor sales, storage or workshop facilities. Tudor row is closed and locked and alarmed each night thus offering the tenants additional security. Sales area is 233sq ft, first floor sales/store is 163 sq ft.

Rent is £11750 per annum with a service charge estimated at approx. £1300 per annum. Available on a 3 year lease.


** ASIGNMENT OR NEW LEASE ** ** UNIQUE CHARACTER MEWS ** ** NEAR TO LARGE PUBLIC CAR PARK, TRAIN & BUS STATION ** ** JUST OFF LICHFIELD THREE SPIRES SHOPPING CENTRE **

Lichfield is an attractive market town situated 16 miles North of Birmingham City Centre. This historic Cathedral City attracts visitors from all over the country. Lichfield has a population of some 30,000 with a shopping catchment of approximately 93,000.

TUDOR ROW is an exclusive arcade situated off BORE STREET, to the rear of the Tudor of Lichfield, which is an old established family business housed in possibly one of the oldest buildings in Lichfield. TUDOR ROW, which was built in 1980, links Bore Street and Wade Street and provides an interesting access to the Three Spires Shopping Centre, the Bus station, Multi Storey Car Park and Railway Station, As well as Market Street and the Market Square. The width has deliberately been made narrow to encourage an air of informality and it is hoped to give Lichfield a 20th Century equivalent of The Lanes of Brighton or The Shambles of York.

The shop is a double fronted lock up unit, which has a central doorway. Stairs at the rear lead to first floor sales,

storage or workshop facilities. Tudor row is closed and locked and alarmed each night thus offering the tenants additional security

GROUND FLOOR SHOP

Frontage 19´ 2" 5.86 m.

Depth 13´ 4" 4.65 m.

Sales Area 233 sq. ft. 21.65 sq. metres

FIRST FLOOR STORE

Sales/Store 163 sq. ft. 15.14 sq. metres

TOILET

W.C. with wash hand basin.

SERVICES All mains services, excluding gas are connected. There is a British Telecom telephone LINE installed.

TENURE The property is offered by way of new full repair and insuring lease upon terms to be agreed. With a minimum term of 3 years

RENTAL

Invited circa £11,750 per annum exclusive

RENT REVIEWS Every third year for a term over three year

SERVICE CHARGES A service charge is levied on the tenants to cover the costs of maintaining and cleaning Tudor Row and the upkeep of common parts and also the running and maintaining costs of the burglar alarm system, waste collection and insurance on the building etc. Currently service charge levied is £1300.00 per annum (estimated annually) payable quarterly in advance.

RENT DEPOSIT One quarter's rent will be held on deposit for the term of the lease

RATING Rateable Value £8,600.00 2017 listing and as it is well below the £12,000.00 threshold so may, in most cases, be zero rates payable

V.A.T. Unless indicated to the contrary, any figures expressed in these particulars are specifically exclusive of V.A.T. which may apply at current rates. PLEASE NOTE that currently we DO NOT charge V.A.T. on the rental, a major consideration if you are not as yet V.A.T. registered.

COSTS The ingoing tenant will be responsible for all parties, including the landlord's legal costs incurred in connection with the lease together with any stamp duty thereon.

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