125 High Street, Bromsgrove, Worcestershire, B61 8AE

Guide price

£220,000 + VAT

125 High Street, Bromsgrove, Worcestershire, B61 8AE

125 High Street, Bromsgrove

Call 01527 584 242 PDF Download

Property ID: 125 High Street, Bromsgrove, Worcestershire, B61 8AE

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Description

£220,000 + VAT

125 High Street, Bromsgrove, Worcestershire, B61 8AE

125 High Street

Bromsgrove, Worcestershire, B61 8AE

LOCATION

Bromsgrove is a market town situated approximately 13 miles south-west of Birmingham and 12 miles north of Worcester. The Town Centre has excellent transportation links with Junction 1 of the M42 and Junctions 4 & 5 of the M5 Motorway, within 4 miles. The Property is situated in a prime position to the northern end of Bromsgrove High Street. Notable retailers in close proximity include Argos, Halifax Building Society, Specsavers and Natwest.

DESCRIPTION

The Property comprises a mid-terrace Ground Floor Retail Unit, extending to approximately 800 sq ft (74 sq m).

ASKING PRICE

£220,000 For Sale as a Transfer of a Going Concern (TOGC), VAT exempt.

RATEABLE VALUE

£16,000

SERVICES

All mains services available

EPC

Band D (84)

TENURE

Virtual Freehold. Subject to a Lease to The Primrose Hospice Ltd for a term of 10 years with effect from 28th March 2018 at a current rent of £22,000 per annum, There is a Rent Review and Tenant Break Option (subject to 6 months’ notice and a £5,000 penalty) on 28th March 2023.

LEGAL FEES

Each Party to bear their own fees.

VIEWING

Strictly by appointment with our office - 01527 584 242.

FEATURES

  • Convenient Location
  • Prominent Position
  • Expiry 2028
  • Good Quality Tenant
  • £22,000 per annum
  • Virtual Freehold

125 High Street

Bromsgrove, Worcestershire, B61 8AE

LOCATION

Bromsgrove is a market town situated approximately 13 miles south-west of Birmingham and 12 miles north of Worcester. The Town Centre has excellent transportation links with Junction 1 of the M42 and Junctions 4 & 5 of the M5 Motorway, within 4 miles. The Property is situated in a prime position to the northern end of Bromsgrove High Street. Notable retailers in close proximity include Argos, Halifax Building Society, Specsavers and Natwest.

DESCRIPTION

The Property comprises a mid-terrace Ground Floor Retail Unit, extending to approximately 800 sq ft (74 sq m).

ASKING PRICE

£220,000 For Sale as a Transfer of a Going Concern (TOGC), VAT exempt.

RATEABLE VALUE

£16,000

SERVICES

All mains services available

EPC

Band D (84)

TENURE

Virtual Freehold. Subject to a Lease to The Primrose Hospice Ltd for a term of 10 years with effect from 28th March 2018 at a current rent of £22,000 per annum, There is a Rent Review and Tenant Break Option (subject to 6 months’ notice and a £5,000 penalty) on 28th March 2023.

LEGAL FEES

Each Party to bear their own fees.

VIEWING

Strictly by appointment with our office - 01527 584 242.

FEATURES

  • Convenient Location
  • Prominent Position
  • Expiry 2028
  • Good Quality Tenant
  • £22,000 per annum
  • Virtual Freehold

Similar properties

£240,000

800 sqft

Bromsgrove Town Centre, High Street, Bromsgrove, UK

View

Asking price

£220,000

+ VAT

125 High Street, Bromsgrove, Worcestershire, B61 8AE

125 High Street, Bromsgrove

Property ID: 125 High Street, Bromsgrove, Worcestershire, B61 8AE

Call 01527 584 242 PDF Download

Share this property