Hagley Road West, Oldbury

TO LET - An opportunity to lease a lock-up retail unit in established and busy trading position. The property has the benefit of excellent transport links and a loading/unloading facility to the rear. EPC = B (50).

ACCOMMODATION

RETAIL SALES AREA: 4.51m x 8.72m

TREATMENT ROOM 1: 2.68m x 2.20m

TREATMENT ROOM 2: 3.38m x 2.54m

SEATING AREA:
Steps up to rear hall.

GROSS SALES AREA: 60.71 SQ.M. (653 SQ.FT.)

REAR HALL

KITCHEN: 2.49m x 1.47m
Including range of kitchen fittings, hot water cylinder, access to rear car park.

STORE ROOM: 1.31m x 0.91m

WASHROOM

OUTSIDE:
Loading and unloading facility to the rear.

RATING ASSESSMENT :
Rateable Value (from 1st April 2026): £11,500
Where provided the Agent has made a verbal enquiry with the Local Authority and this information should be verified by interested parties making their own enquiries.

LEASE:
The premises are to be let on lease. The length of term to be by negotiation, subject to a minimum term of 3 years. The Agent has not checked the legal documentation to verify legal status of the property or validity of any guarantees. A tenant must assume the information is incorrect, until it has been verified by their own solicitors.

RENT DEPOSIT:
The in-going tenant will be required to pay a rent deposit of £2,000.00 (two thousand pounds) which would be held in a non-interest bearing account for the duration of the lease.

SERVICE CHARGE:
A service charge is levied to cover the cost of the tenants contributions to the maintenance of the communal parts of the development. Further details can be provided on request.

VAT:
All figures quoted are exclusive of VAT if applicable. (We have been advised that the premises are not registered for VAT).

SERVICES AND APPLIANCES:
Mains electricity, water and drainage are available. A fire alarm system is in place (paid as part of the service charge). Hot water is provided by a hot water cylinder in the kitchen. The Agents have not tested any apparatus, equipment, fixtures, fittings or services and so cannot verify they are in working order or fit for their purpose. The prospective tenant is advised to obtain verification from their Solicitor or Surveyor.

VIEWING:
Strictly by prior appointment via Agents on 0121-422-4011 (option 3, commercial).

IMPORTANT NOTE:
If you are considering entering into a lease for commercial premises, before proceeding we would draw to your attention the existence of the Code for Leasing Business Premises First Edition February 2020 (https://www.rics.org/globalassets/code-for-leasing_ps-version_feb-2020.pdf)

This document and its supplemental guide set out the basis on which negotiations of the lease terms should be undertaken.

It is recommended that you obtain your own professional advice with regard to the Code and the proposed lease terms before proceeding.

ANTI-MONEY LAUNDERING REGULATIONS:
In order to comply with Anti-Money Laundering Regulations, any prospective tenant will be required to provide the following:

1. Satisfactory photographic identification.
2. Proof of address/residency.

In the absence of being able to provide appropriate physical copies of the above, Scriven & Co reserves the right to obtain electronic verification of identity.

Satisfactory bank and trade references will also be required.