Key Features

Description

The Property comprises a ground floor retail unit with first floor office accommodation and storage. The Property is currently occupied by The Primrose Hospice.

Internally, the ground floor is open plan with LED lighting and carpets throughout.

Externally, the property benefits from a wide shop frontage, with ample parking in immediate vicinity.

Location

155 New Road is prominently positioned in the centre of Rubery. The retail premises is located 1.5 miles west of Longbridge Train Station, with major occupiers nearby such as Co-Op Supermarket, Greggs, Farmfoods etc.

Lease

The Property is available by way of an Assignment of the current Full Repairing and Insuring Lease at a Passing Rent of £11,000 Per Annum, expiring in February 2030.

Alternatively, a subletting will be considered if required.

Rent

£11,000 Per Annum

Rateable Value

£9,000 - 100% Small Business Rate Relief Potentially Available

Service Charge and Building Insurance

The ingoing tenant will be responsible for the payment of a variable service charge, which was £519.42 (payable in arrears) to December 2024. Building Insurance for 25/26 is £1,151.26.

Legal Costs

Each party to bear their own costs.

Viewings

Strictly by appointment with our office on 01527 584242.

EPC

Band C (61)

Legal Fees

Each party to bear their own fees

Viewing

Strictly by appointment with our office on 01527 584 242