Unit for Lease Unit S14 Martineau Place, Birmingham, B2 4, UK
Unit S14 Martineau Place, Birmingham, B2 4, UK (map / driving directions)
250 m2
Contact
Paul Faulkner (+44 (0) 20 7087 5574)
Status
Available
Additional information
Location
The premises are situated in the heart of Martineau Place. Nearby occupies include Pizza Hut, Starbucks, Burger King, Sainsbury’s Central and H & M amongst others. A street trader’s plan is on the reverse side of these particulars.
Description
Shop to Lease
Tenure
Leasehold
Terms
The premises are held by way of a sub-lease for a period of 10 years from 28th June 2005 subject to review on 29th September 2006 and 2011 at a current renal of £95,000 per annum. There are also turnover provisions within the lease
Incentives
An incentive is available to an ingoing tenant (subject to financial status).
Rent
£95,000 p.a.
Rates
We are verbally informed by the Local Rating Authority that the premises have been assessed for rating purposes as follows:- Rates Payable 06/07 £38,940 p.a. All interested parties are recommended to make their own enquires of the Local Authority.
Legal Costs
Each party is to be responsible for their own legal and surveyors costs incurred in the transaction.
Viewing
The staff are unaware of the intended sale and therefore inspections must only be carried out by appointment only:- King Sturge Tel: 020 7087 5574 Email: paul.faulkner@kingsturge.com
Paul Faulkner
(+44 (0) 20 7087 5574)
King Sturge
Warwick Street
London
W1B 5NH
Joint agency
Ward Griffiths
Markham Vaughan Gillingham
Tel: 020 7935 6075
Email: wgriffiths@mvgretail.com
SUBJECT TO CONTRACT
September 2008
Accommodation
Description
Use
Size
Size
Ground Floor
136 m2
1,464 ft2
First Floor
114 m2
1,227 ft2