November 2014

RETAIL PREMISES 42 Redwood Road, YTE, Walsall, WS5 4LB

Location 42 Redwood Road, Yew Tree comprises a lock-up retail premises within a neighbourhood parade of shops. The premises are considered suitable for any retail trade which does not directly conflict with other uses within the parade. Lease Terms The lease will be “contracted out” of Sections 24-28 of the Landlord & Tenant Act 1954. The premises will be let on a standard 5 year lease. The Lessee will be responsible for the shop front, decoration & internal repairs. The Council will be responsible for insurance, external & structural repairs but will recover the insurance premium from the tenant by way of additional rent. Services The premises are connected to mains water & electricity services. Conditions The Lessee will complete a formal lease prior to completion. The lease will contain such clauses & conditions as the Council deem necessary. The Lessee will be required to pay the Council’s legal costs. The Lessee will provide the Council with a 3 month rent bond prior to occupation. Subletting of the premises is strictly prohibited. User The retail accommodation may be used for any use within Class A1 (shops) of the Town & Country Planning (Use Classes) Order 1987 (as amended) which does not primarily conflict with other uses within the parade. Other uses may be considered subject to any necessary Planning Approval being obtained. Accommodation Retail Shop: 30.65 sq m approx W.C. Facilities Viewing Accepting sealed bid offers only—closing date for receipt 12 noon 26th November 2014 - Call Property Services during normal office hours on telephone: 0121 569 3913. Offers of Rent Offers in the region of £4,750 (Four Thousand Seven Hundred & Fifty Pounds) per annum exclu-sive are invited. Business Rates Energy Performance Certificate Rateable Value £3,600 per annum. The property has been given an For further information regarding rates payable energy performance rating of “D” contact Business Rates on 0845 351 0017