Key Information
- 473 Sq Ft (43.9 Sq M)
- Suitable for a varierty of uses STP
- Former café premises
- Popular retail arcade
- Rent available on application.
The subject property comprises a self-contained ground floor unit with well appointed café including kitchen and w.c. facilities. 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 Dudly, 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 generally 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 Nepalese 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 currently being reviewed.
Rates
The property is currently listed as Shop and Premises and has a rateable value of £9,400. 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 (103)
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 café, restaurant or retail uses. Interested parties are advised to clarify their own use direct with the local planning department on 01384 814136.
Viewing
Viewings are by appointment with sole agents Innes England.