Property Information
Address:
Tameway Tower Bridge Street Walsall, Walsall, WS1 1JZ
, WS1 1JZ
Price: Property no longer available.
Size: 1818 sq ft168 sqm
Primary Category: Leisure
All Categories:
Leisure,
Property Ref/Movehut: MH580471
Property Ref/Agent: PRESIDENT
*Please use the agent ref when calling the agent directly.
Property description
LOCATION: The property is situated on the corner of Bridge Street and Goodall Street and forms part of the ground floor of a large office building known as Tameway Tower. The property is centrally located approximately a quarter of a mile from Walsall’s main pedestrianised shopping area.
DESCRIPTION: The property forms part of the ground floor of a large high rise office building with access and frontage to Bridge Street. The property also benefits from an entrance from the reception area of Tameway Tower if required.
ACCOMMODATION: Restaurant: with glazed display windows, entrance doors and external security shutters. Small Office off, Ladies and Gents Toilets, Staff Toilet, passageway with fire exit to rear, Rear Fitted Kitchen.
TOTAL NET INTERNAL FLOOR AREA: APPROXIMATELY 1818 SQ.FT. (160.90M²)
NB: The property has the benefit of car parking spaces on the rear car park during evenings only.
SERVICES: All mains services are believed to be connected or available to the property. No tests have been applied to any of the services or appliances. Air conditioning units are installed.
RATING DATA: (information obtained from the Valuation Office Agency Web Site):
Rateable Value: £18,750
Description: Restaurant and Premises
SERVICE CHARGE: We understand that the occupier of this unit will be responsible for contributing towards the service charge of Tameway Tower as a whole. We understand that the subject property will be responsible for 2.80% of the total service charge. Further information will be available upon request.
TERMS: The property is available to rent by way of an assignment of a fifteen year lease from April, 2015, at a rental of £14,000 per annum. Rent reviews included in the lease are in 2020 and 2025.
BUSINESS: The President Lounge is an Indian Restaurant and Takeaway business, which has been trading from the current premises for nearly two years. Offers in the region of £65,000 are requested for goodwill, trade, fixtures and fittings. Copies of trading accounts and full inventory of fixtures and fittings will be available for inspection by bona fide purchasers only.
COSTS: The ingoing Tenant is to be responsible for the Head 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 Landlord’s Agent for a non-returnable fee of £75.
ENERGY PERFORMANCE CERTIFICATE: The property has a rating of E (104). 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.
;