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Unfurnished

£55,000 pa

(£9.79/sq. ft. pa)

Retail premises to let

Market Street, Tamworth B79
5,616 sq. ft

£55,000 pa

(£9.79/sq. ft. pa)

Retail premises to let
Market Street, Tamworth B79

    • 5,616 sq. ft

Unfurnished

About this property

    Location

    The premises are located within Tamworth Town Centre on the pedestrianised Market Street adjacent Middle Entry Shopping Centre with other occupiers close by including Nationwide and opposite The Town Hall.
    Description

    The premises comprise a large ground floor sales area together with rear loading bay and storage area. There is also additional first floor storage and staff facilities and a first floor disused 2-bedroom flat with self-contained external access.

    There is a gated rear yard area.
    Accommodation


    Ground Floor Sales; 265 sq m (2,858 sq ft)

    Loading Bay/Store ; 140 sq m (1,508 sq ft)

    First Floor Stores/Staff ; 116 sq m (1,250 sq ft)

    Total Net Internal Area &; 521 sq m (5,616 sq ft)

    Self Contained two bedroomed first floor flat.
    Tenure

    A new full repairing and insuring lease to be granted on terms to be agreed as a whole.
    Rental

    £55,000 pax
    Rating assessment

    We are verbally advised by the Valuation Office Agency as follows.
    Rateable Value (rv) £35,250 (2023)

    Applicants are advised to make their own enquiries with the Valuation Office Agency and Tamworth Borough Council and no warranty is given by the landlords or New West Ltd.
    Planning

    The premises are situated within the Conservation Area but are not Listed.

    The premises traded for a considerable number of years under the old A1 (Retail) use now coming under the E Class and would suit a range of retail, financial services, café/restaurant, leisure and clinic type uses under Class E.

    Alternative Licensed Bar uses may be considered (subject to planning being sui generis). Please note that Betting Office or Pay Day Loan Shops are also Sui Generis and would require a specific Planning Consent.

    Interested parties should contact Tamworth Borough Council Planning Department. Telephone: The landlords nor New West Ltd offer any warranty in respect of the Planning (existing or proposed) Building or Fire Regulations.
    Commercial energy performance certificate

    We understand that the premises are assessed as E105, certificate reference no:

    Copies of the EPC and Recommendations Report can be provided upon request.
    Legal fees

    In respect of a successful letting each party shall bear their own legal costs. Tenants to pay abortive legal costs.
    VAT

    VAT will be charged on the rental and insurance rental The position with regard to VAT is reserved at all times and prospective tenants must make their own enquiries.
    Money laundering policy

    In accordance with Money Laundering Regulations, two forms of id/Address will be required and confirmation of the source of funding from the successful tenant.

    More information

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