11 BROOMFIELD ROAD EARLSDON COVENTRY CV5 6JW

Transcription

1 T O L E T O N A N E W L E A S E 11 BROOMFIELD ROAD EARLSDON COVENTRY CV5 6JW Popular Parade Located Off Albany Road Conveniently Situated For Earlsdon And The City Centre Retail Sales Area Totalling About M² (314 Ft²) Modern Shop Front with Electric Security Shutter Until Recently Trading As A Hair Salon (Class A1 (Shops)) 5,500 Per Annum Exclusive LOCATION The property is situated in a popular parade of shops at the Eastern end of Broomfield Road close to its junction with Albany Road. This is a densely populated mainly residential area in the popular suburb of Earlsdon yet within half a mile of the City s Inner Ring Road.

2 DESCRIPTION The property comprises a ground floor lock-up shop unit with ancillary accommodation forming part of a two storey mid-terraced building. The premises have been refurbished in recent years including the provision of a new shop front with external electric security shutters and a modern suspended ceiling with inset Category 2 lighting. The premises are available on a new lease, subject to the termination of the current tenant s agreement. ACCOMMODATION (All measurements are approximate and on a net internal area basis) Ground Floor Retail Sales Area M² (314( Ft²) Having suspended ceiling incorporating Category 2 lighting, vinyl floor covering and electric extractor fan. Inner Lobby Leading to: Store Room 3.29 M² (35 Ft²) Rear Office/Staff Room Rear Kitchenette ette 10 M² (108 Ft²) 2.01 M² (22 Ft²) WC Outside Rear Yard Y and Garden We understand that there is a pedestrian access from the end of the terrace off Broomfield Road with access to the rear of the property. LEASE TERMS The premises are available on a new six year lease, subject to an upward only rent review at the end of the third year, on tenant s effective full repairing and insuring terms. The commencing rental will be 5,500 per annum exclusive. LEGAL COSTS Incoming tenant to pay all reasonable legal costs in respect of the transaction, including Stamp Duty and VAT, if applicable. VAT All prices and rents mentioned in these details and any subsequent correspondence are exclusive of VAT, if applicable.

3 FIXTURES AND FITTINGS All items usually classed as tenant s fixtures and fittings and not mentioned in these details are excluded from any letting. The current tenant s fixtures and fittings may be available to purchase by separate negotiation. SERVICES All main services are understood to be available, subject to connection charges by the utility companies. RATING We are informally advised by the Local Authority that the Business Rates assessment is:- Rateable Value: 2,150 Rates Payable 2013/14: * *The rateable occupier of the premises may qualify for Small Business Rate Relief in respect of the 2013/14 financial year and may not be liable to pay any business rates until 1 April 2014 further details are available at Prospective occupiers are recommended to make their own enquiries with the Local Authority for verification. TOWN PLANNING/USE It is understood that the property has an existing use for Class A1 (shops) purposes, however, the premises are considered suitable for a variety of other uses including Class A2 (Financial and professional services), subject to obtaining any necessary consents. Prospective occupiers should rely on their own enquiries with the Planning Authority as to whether planning permission is necessary for their proposed use. LOCAL AUTHORITY Coventry City Council Council House Reception Earl Street Coventry CV1 5RR Tel: VIEWING By arrangement with:- LOVEITTS COMMERCIAL Telephone: coventry.commercial@loveitts.co.uk (Ref. SRE)

4 Subject property for Illustrative

5 Conditions under which particulars are issued: Messrs Loveitts for themselves and for vendors or lessors of this property, whose agent they are, give notice that: i) The particulars are set out as a general outline only for the guidance of intended purchasers or lessees and do not constitute, or constitute part of, an offer or contract. ii) iii) iv) All descriptions, dimensions, reference to conditions and necessary permissions for use and occupation, and other details, are given in good faith and are believed to be correct and any intended purchasers or lessees should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of them. No partner or any person in the employment of Loveitts has any authority to make or give any representation or warranty whatever in relation to this property. All prices and rents quoted are exclusive of V.A.T. unless otherwise stated.