Superior Estates is pleased to present this expansive ground floor recently refurbished commercial unit, located on Percy Road, Sparkhill, Birmingham, B11 3LG. With prominent frontage surrounded by industrial units and great transport links near the City Centre, within close proximity to Stratford Road A34 and Warwick Road A41.
The unit is located on the ground floor with excellent frontage and is accessed from Percy Road with parking for customers on the road. Benefitting from new suspended ceiling lighting, W.C. and recently installed tiled flooring throughout with electrically operated rollers.
The property has ideal rectangular dimensions 12.20 Sq. M x 6.00 Sq. M / 40 Sq. Ft x 20 Sq. Ft.
Approximate internal dimensions and areas are detailed below:
Ground Floor: Retail Shop Sq. Ft 800/ Sq. M 74.32
Lease: The property is available for a term of 5 year with a 3-year rent reviews and break clause.
Rent: The property is available at a rent of £13,200.00 per annum plus VAT, subject to contract terms to be agreed.
Rent: £1,100.00 plus VAT (to be paid quarterly in advance).
Advanced Rent: Equal to 3 Months’ Rent.
Deposit: Equal to 3 Months’ Rent.
Repair obligations: Full Repairing and Insuring Terms.
Rateable Value: Please contact the Local Authority for further information.
Legal Costs: The ingoing tenant will be responsible for their own legal costs incurred in this transact
VAT: We understand that VAT is payable on the rental.
Agency Fee: Apply
Money laundering
The money laundering regulations require identification checks are undertaken for all parties purchasing/ leasing property.
Before a business relationship can be formed, we will request proof of identification for the purchasing/leasing entity.
This commercial unit is available immediately; please email us regarding a viewing, exclusively with Superior Estates.
Our agency will not progress an application until the holding deposit has been paid and an application form is completed and returned by the applicant(s). To avoid unnecessary delays, it’s important that you return your application form(s) within 48 hours.
The holding deposit is the equivalent of one week’s rent, which once paid, is offset against the total balance due.
A tenancy cannot be completed until the agreed first month’s rent and bond are paid in full. On occasions, the Landlord may request a guarantor in order to offer a tenancy subject to referencing. The holding deposit is non-refundable should following referencing, it is discovered that key material facts have been omitted or prove false which then leads to the Landlord declining your application.
By paying the holding deposit, the property you have reserved will be taken off the market and all future viewings cancelled, and it is therefore deemed fair that the tenant will receive no refund should they later decide not to take up the tenancy or fail to move in on the agreed proposed check in date.
If the Landlord decides against proceeding with the tenancy, the tenant will receive a full refund of all monies paid.
Our helpful team are on hand to answer any queries and concerns you may have.
