Key Information
- 316 sq ft (29.4 sq m)
- Suitable for a variety of uses STP
- Well-presented accommodation
- Popular retail arcade
- Rent on application.
A self-contained ground floor unit with well appointed retail area and store. Victoria Passage is a purpose-built shopping arcade that provides a terrace of retail and leisure units, either side of a pedestrian walk way. A range of units are available and interested parties are encouraged to contact the agent for further availability.
Location
Stourbridge is a market town in the West Midlands approximately 6 miles south west of Dudley, 11 miles south of Wolverhampton and 15 miles west of Birmingham. Victoria Passage is a charming pedestrianised shopping arcade in the town centre, that links High Street with Talbot Street. High Street is a main thoroughfare through Stourbridge and is generally regarded as a highly-sought after retail destination that links with the ring road to the south. Victoria Passage is made up with a good mix of independent retailers and leisure operators. Existing uses include a barbers, cafe, hair and beauty, jewellers, micro pub and Italian restaurant. The landlord is keen to maintain a good occupier mix and welcomes new uses to the arcade.
VAT
All figures quoted are exclusive of VAT. The property is registered for VAT which will be charged at the prevailing rate.
Service Charge
A service charge for the upkeep of the common areas and estate will be levied. The current years budget is being reassessed.
Rates
The property is currently listed as Cafe and Premises and has a rateable value of £5,500. Subject to status the tenant might qualify for 100% rates relief. Source: VOA
Services
We understand all mains services with the exception of gas are connected to the property.
EPC
The premises have an EPC assessment of: E (110)
Legal Costs
Each party is to bear their own legal costs incurred.
Accommodation
Measurements are quoted on a Net Internal basis in accordance with the RICS Property Measurement Second Edition.
Planning
The premises have consent for Class E (Business, Commerce and Services) and would be suitable for retail, office and healthcare uses. Interested parties are advised to clarify their own use direct with the local planning department on 01384 814136.