103 KIDDERMINSTER ROAD SOUTH (A456/A450), CROSS KEYS, HAGLEY, STOURBRIDGE, WEST MIDLANDS, DY9 0JL  

PROMINENT ROADSIDE OPPORTUNITY
2,029 sq ft (188.50 sq m)

Key Points

* Frontage to A450/A456
* Site area 0.54 acres
* Existing A3 consent

Location

Located at the junction of the A450 and A456 equidistant between Kidderminster, Stourbridge, Halesowen and Junction 4 of the M5, all of which are approximately 5 minutes away.  Situated upon a designated service area adjoining a Shell petrol filling station.

Description

The premises are of brick construction and incorporating a four bed flat to the upper parts. Car parking to front and side.  The existing unit provides a unit of approximately 2,029 sq ft (188.50 sq m) and 37 car parking spaces. 

Terms

The property will be available on a leasehold basis with rental offers invited in excess of £35,000 per annum exclusive on a new full repairing and insuring lease for a minimum term of 10 years subject to a rent review at the end of the fifth year.

Alternatively freehold offers in excess of £400,000 plus VAT will be considered.

Offers for either the leasehold or freehold interest must be made by the 18th May with an open day on Thursday 10th May between 10am - 3pm with appointments by request.

Plans/EPC

CAD plans of the existing building are available by e-mail request.

An EPC for the property is available on request.

Rates

We are informed by the Valuation Office that the property is currently assessed as follows:

Rateable Value: £22,000
UBR for 2012/13: £0.45
Rates Payable: £9,900 p.a.

Prospective occupiers should verify the above information for themselves with Bromsgrove District Council.

Timing

The unit is currently vacant and therefore access can be granted upon completed of the relevant legal formalities.

A non refundable deposit of £5,000 and proof of funding will be required by the landlord before legal documentation is depatched with an exchange of contracts required within 28 days - further details upon request.

Viewing

All viewings through joint sole agents:

Or Edward Symmons  0121 200 7620

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