High Street Retail No Longer Listed Unicorn Hill, Redditch, Redditch

Redditch is a town, and local government district, in northeast Worcestershire, England, approximately 15 miles (24 km) south of Birmingham. The property is in close proximity to the Kingfisher Shopping Centre and is situated on a busy one-way street that benefits from high passing trade.

High street location offering prominent shop frontage in the busy Redditch high street. Close to Kingfisher Shopping Centre and local amenities. Public Transport nearby as well as Church and Established businesses.

The accommodation has been measured on a Net Internal Area (NIA), measured in accordance with the RICS Code of Measuring Practice.

By way of a planning permission referenced 22/00972/FUL the property benefits from a Class E (Commercial, Business and Service) Use of the Town and Country Planning (Use Classes) Order 1987. All parties should confirm the planning position with the relevant Local Authority.

All mains services with the exception of gas are connected to the property.

The property is currently listed as a betting shop and premises on VOA.gov.uk. Under the latest Government relief, qualifying retail and hospitality businesses impacted by Covid-19 will receive a rates relief discount of 50% to 2022/23. This information is for guidance only and all parties should satisfy themselves with the local billing authority.

Rateable Value: £17,500

Leasehold

OMEETO Act for a tenant who's lease will end May 2024. The rent advertised is for easy in, easy out Tenancy at Will (pop up shop) or sub lease to May 2024. This is not renewable and there is no security. Proposals for a new lease may be considered by the landlord if well in excess of the asking rent and from a highly successful and established brand. Where superior Landlords consent is required, a 50% contribution to superior Landlord costs is requested.

Rent: £1,350 per month. All figures are quoted exclusive of VAT, we are advised the property is registered for VAT which is applicable at the prevailing rate.

C(63)

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