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Unit 11 The Boulevard, Brierly Hill, Dudley, DY5 1SY

3,124 sq ft
Unit 11, Merry Hill Retail Park, Dudley - Picture 1
Use Class

Use Class

E

Size

Size

3,124 sq ft

Rent pa

Rent pa

POA

Retail Unit To Let/ Confidential.

.

Located within a major out of town retail scheme adjacent to Merry Hill Shopping Centre with free parking for approximately 10,000 vehicles. The subject property is located adjacent to Costa, and nearby retailers include Currys PC World, Pizza Hut, Home Sense, Pets at Home and Home Bargains.

Key Information

Viewing

Strictly by appointment.

Legal

Each party is to be responsible for their own legal and all other professional costs incurred in the transaction.

Accommodation

3,124 Sq.Ft

The property has the following approximate net internal floor areas:

Areas
Sq.Ft
Sq.M
Ground Floor
2,134
198

Financial

Lease Type

Existing Lease

Lease Term

The premises are held on an effectively full repairing and insuring lease to expire 23rd June 2024 as a passing rent of £140,000 per annum exclusive, subject to a sublease of part to Costa expiring 21st June 2024 at a rent of £53,012 per annum exclusive. The net rent therefore is £86,988 per annum exclusive.

Rates

Transitional phasing may apply. We are verbally informed by the Local Rating Authority that the premises have been assessed for rating purposes as shown above. Interested parties are advised to make their own enquiries to the Local Authority.

Costs

We confirm all figures quoted are exclusive of VAT.

Rates

Rateable Year:
2019
Rateable Value:
£103,000.00
Rates payable:
£50,779.00
UBR:
49.3p/£

Misrepresentation Notice

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.

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This was last updated on 28/01/2022