* Unfurnished
Location
The property is located in the busy local shopping centre of Merry Hill,
approximately two miles from Wolverhampton City Centre
The shop is situated in a parade which includes a vets surgery, fish and chip
shop, pizza takeaway and William Hill bookmakers. Other nearby traders iclude
Coop Food, Boots and Betfred
Description
Ground floor retail shop unit with toilet and rear access. The property has
the benefit of an electrically operated roller shutter
The property is presently fiited as a barbers shop
There is a large shared car park to the rear of the parade providing customer
car parking
Accommodation
Shop 662ft²
Business Rates
rv £11500
Interested parties should verify the above with the local authority
Tenure
The property is presently held on a lease expiring December 2031 (commencing
October 2019)
Rent reviews every 3 years
Present passing rent £12500pa
Internal repair, subject to schedule of condition
Tenant break options December 2025 and December 2028
Service Charge
There is a service charge to cover maintenance of common areas
The landlord insures the property and recovers the premium from the tenant
Costs
The ingoing tenant will be responsible for the Landlord's reasonable legal
costs incurred in the preparation of the lease
Viewing
By arrangement with the agents:
Michael Tromans & Co
Subject to Contract, August 2023

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