What is the Parade retail address?
162, Old Oscott Lane, Perry Beeches, Great Barr, Birmingham, B44 8TS
Where is the Parade retail located?
Perry Beeches is a popular residential suburb in the Great Barr area approximately 7.5 miles from Birmingham City Centre.
The shop to let is located in a parade of retail units fronting the roundabout with Dyas Road. Other retailers in the parade include a Coop food store, local convenience store, chemist, hairdressers and Cash point ATM. The property is surrounded by a good mix of family housing.
Description
Mid terrace retail unit to let with timber-cased display frontage, security shutter and forecourt parking. Open plan trading area with rear kitchen and staff WC. Ready for occupier fitout.
How has the accommodation been measured?
The accommodation has been measured on a Net Internal Area (NIA), measured in accordance with the RICS Code of Measuring Practice.
Floor |
Sq Ft |
Sq M |
Shop floor |
560 |
52.02 |
Kitchen |
43 |
3.99 |
Total | 603 | 56 |
Planning
The premises forms part of a retail parade and is imminently suitable for a broad range of uses STP. The most recent amendment to the Town and Country Planning (Use Classes) (Amendment) (England) Order 2015, has now classed betting shops as Class E.
Services
All mains services with the exception of gas are connected to the property.
What is the Rateable Value?
The property is currently listed as a betting shop and premises on VOA.gov.uk. Please check the valuation office website for any rates incentives. Subject to status you may qualify for 100% rates relief.
Rateable Value: £5,000
How is the accommodation offered?
Leasehold
Shop to let by way of a new sublease to expire in October 2025. Interested parties are invited to discuss their specific leasing requirements. Subject to individual covenant and terms an assignment, tenancy at will or surrender and re grant may be possible. Where superior Landlords consent is required, a 50% contribution to superior Landlord costs is requested.
Price
Rent: £7,500 per annum. All figures are quoted exclusive of VAT, we are advised the property is not registered for VAT.
EPC
C(63)
What are the viewing arrangements
Please check our website for a virtual tour. Physical viewings with proceedable parties can be arranged on request by contacting our commercial property agents. OMEETO do not take any responsibility for any loss or injury caused whilst carrying out a site visit.