Property Information
Address:
25 Stafford Street Walsall, Walsall, WS2 8DG
, WS2 8DG
Price: Property no longer available.
Size: 741 sq ft68 sqm
Primary Category: Investment
All Categories:
Investment,
Property Ref/Movehut: MH537954
Property Ref/Agent: 25STAFFST
*Please use the agent ref when calling the agent directly.
Property description
LOCATION: The property is situated on the western side of Stafford Street, close to its junction with the A4148 Littleton Street West, forming part of Walsall town centre. Tesco Supermarket, Town Wharf Retail and Leisure Development, Walsall College and the new Art Gallery are all within easy reach of this location.
DESCRIPTION: The property comprises the ground floor of a two storey property of brick construction with a pitched slated roof.
ACCOMMODATION: On The Ground Floor: Retail Shop with glazed display window, entrance door, laminate wood flooring, suspended ceiling and lighting, air conditioning units and external electrically operated security shutter. Lobby, Treatment Room, Laundry Room, Kitchen and w.c.
TOTAL NET INTERNAL FLOOR AREA: APPROXIMATELY 741 SQ.FT. (68.84M²)
Further space behind that described could be available by way of separate negotiation with the Landlord.
SERVICES: Usual mains services, with the exception of gas, are understood to be connected or available to the property. No tests have been applied to any of the services or appliances.
RATING DATA: (obtained from the Valuation Office Agency Web Site)
Rateable Value: £4,750
Description: Shop and Premises
(NB: The Rateable Value from 1st April, 2017 will be £6,100. Small Business Rate Relief could be available).
TERMS: The property is available by way of an assignment of the existing five lease from the 1st April, 2015, at a rent of £8,000 per annum, subject to a rent review due 1st April, 2017, with a Tenant only break option at the end of the third year.
BUSINESS: Lussh Hair and Beauty Limited have been trading for several years and recent accounts will be available for inspection by bonafide applicants. The premises are fitted out to a good standard and a list of fixtures and fittings to be included in the sale are also available. Offers in the region of £15,000 are invited for the Goodwill of the business, fixture and fittings.
COSTS: The ingoing Tenant is to be responsible for the Landlord’s reasonable legal expenses in connection with the preparation of the Agreement.
REFERENCES: The ingoing Tenant will be required to supply references to be taken up by the Assignor’s Agent for a non-returnable fee of £75.
ENERGY PERFORMANCE CERTIFICATE: The property has a rating of D89 . A copy of the EPC will be available for inspection at the agent’s offices or on their web site.
VIEWINGS: Contact Fraser Wood Commercial on 01922 629000.
Please note that all parties viewing the property do so at their own risk and neither the vendor nor the agent accept any responsibility or liability as a result of any such viewings.
;