About this property
The purpose built property provides a ground floor retail unit which extends to 2, 368 sq. ft. and benefits from a very prominent position on the High Street.
We have been advised that the current rating assessment is:
Rateable value : £24,250
We recommend that interested parties should make their own enquiries with the local authority.
It is understood that the property currently has A1 and D2 planning consent but is considered suitable for uses falling within classes A3 and A2, subject to obtaining the necessary planning permissions.
We are advised that the current service charge excluding insurance is £3,583 pa.
The premises fronting High Street West Bromwich, form part of the renewed Astle Park Retail Outlet Shopping Centre, comprising of 120,000 sq. ft. of retail and leisure space together with a 300 space car park. Local occupiers in the scheme include Marks & Spencer’s Outlet and Nike.
The property is situated on the main High Street elevation of the scheme and is close to William Hill, Subway and Lloyds’ Bank. Its location benefits from a high foot fall of visitors to Astle Park and other local amenities along the busy High Street in West Bromwich.
We are advised that the current insurance is £350 per annum.
All prices and figures are quoted exclusive of any VAT that may be applicable.
Each party is responsible for their own legal costs.
In accordance with Anti-Money Laundering Regulations, two forms of identity and confirmation of the source of funding will be required from the successful tenant.
- Modern Purpose built retail shop.
- 2,368 sq.ft. in total.
- Prominent trading location fronting Astle Park
- Close to Marks & Spencers Outlet, William Hill and Subway.
- 300 Space car park close by.
- Rear servicing and allocated parking space.