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14 Market St
2,858 SF of Retail Space Available in Tamworth B79 7LU
Highlights
- Mid Parade Town Centre shop unit adjacent Middle Entry Shopping Centre
- Ground Floor Sales – 265 sq m (2,858 sq ft) plus loading bay storage 140 sq m (1,508 sq ft) and first floor 116 sq m (1,250 sq ft)
- TO LET ON NEW LEASE - RENT UPON APPLICATION
- Established pedestrianised pitch in front of the Town Hall
- Plus 2 bed first floor flat
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| Ground | 2,858 SF | Negotiable | Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application | TBD |
Ground
LOCATION The premises are located within Tamworth Town Centre on the pedestrianised Market Street adjacent Middle Entry Shopping Centre with other occupiers close by including Wilko, Nat West and HSBC. The property is opposite The Town Hall and Nationwide. DESCRIPTION The premises comprise a large ground floor sales area together with rear loading bay and storage area. There is also additional first floor storage and staff facilities and a first floor 2 bedroom flat with self-contained access. There is a gated rear yard area. ACCOMMODATION The accommodation can be more fully described as follows: Ground Floor Sales – 265 sq m (2,858 sq ft) Loading Bay/Store – 140 sq m (1,508 sq ft) First Floor Stores/Staff – 116 sq m (1,250 sq ft) Total Net Internal Area – 521 sq m (5,616 sq ft) Self Contained two bedroomed first floor flat. TENURE A new full repairing and insuring lease to be granted on terms to be agreed on the whole. RENTAL Rent upon Application. RATING ASSESSMENT We are verbally advised by the Valuation Office Agency as follows. Rateable Value (RV) £40,000 (2017) Proposed RV £35,250 (2023) Applicants are advised to make their own enquiries with the Valuation Office Agency and Tamworth Borough Council and no warranty is given by the landlords or New West Ltd. PLANNING The premises are situated within the Conservation Area but are not Listed. The premises traded for a considerable number of years under the old A1 (Retail) use now coming under the E Class and would suit a range of retail, financial services, café/restaurant, leisure and clinic type uses under Class E. Alternative Licensed Bar uses may be considered (subject to planning being sui generis). Please note that Betting Office or Pay Day Loan Shops are also Sui Generis and would require a specific Planning Consent. Interested parties should contact Tamworth Borough Council Planning Department. Telephone: 01827 709709 The landlords nor New West Ltd offer any warranty in respect of the Planning (existing or proposed) Building or Fire Regulations. COMMERCIAL ENERGY PERFORMANCE CERTIFICATE We understand that the premises are assessed as E105, certificate reference no: 0540-0630-9882-2627-7006. Copies of the EPC and Recommendations Report can be provided upon request. LEGAL FEES In respect of a successful letting each party shall bear their own legal costs. VAT The position with regard to VAT is reserved at all times and VAT may be charged on the rental and insurance rental and prospective tenants must make their own enquiries. MONEY LAUNDERING POLICY In accordance with Money Laundering Regulations, two forms of ID/Address will be required and confirmation of the source of funding from the successful tenant
- Use Class: E
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Energy Performance Rating - E
- Mid Parade Town Centre shop unit adjacent Middle
- Established pedestrianised pitch in front of the
- Ground Floor Sales – 265 sq m (2,858 sq ft)
- Plus 2 bed first floor flat
Service Types
The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing agent for a full understanding of any associated costs or additional expenses for each service type.
1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.
2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.
3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.
4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.
PROPERTY FACTS FOR 14 Market St , Tamworth, STS B79 7LU
| Property Type | Retail | Gross Internal Area | 5,615 SF |
| Property Subtype | Storefront | Year Built | 1970 |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Internal Area | 5,615 SF |
| Year Built | 1970 |
About the Property
LOCATION The premises are located within Tamworth Town Centre on the pedestrianised Market Street adjacent Middle Entry Shopping Centre with other occupiers close by including Wilko, Nat West and HSBC. The property is opposite The Town Hall and Nationwide. DESCRIPTION The premises comprise a large ground floor sales area together with rear loading bay and storage area. There is also additional first floor storage and staff facilities and a first floor 2 bedroom flat with self-contained access. There is a gated rear yard area. ACCOMMODATION The accommodation can be more fully described as follows: Ground Floor Sales – 265 sq m (2,858 sq ft) Loading Bay/Store – 140 sq m (1,508 sq ft) First Floor Stores/Staff – 116 sq m (1,250 sq ft) Total Net Internal Area – 521 sq m (5,616 sq ft) Self Contained two bedroomed first floor flat. TENURE A new full repairing and insuring lease to be granted on terms to be agreed on the whole. RENTAL Rent upon Application. RATING ASSESSMENT We are verbally advised by the Valuation Office Agency as follows. Rateable Value (RV) £40,000 (2017) Proposed RV £35,250 (2023) Applicants are advised to make their own enquiries with the Valuation Office Agency and Tamworth Borough Council and no warranty is given by the landlords or New West Ltd. PLANNING The premises are situated within the Conservation Area but are not Listed. The premises traded for a considerable number of years under the old A1 (Retail) use now coming under the E Class and would suit a range of retail, financial services, café/restaurant, leisure and clinic type uses under Class E. Alternative Licensed Bar uses may be considered (subject to planning being sui generis). Please note that Betting Office or Pay Day Loan Shops are also Sui Generis and would require a specific Planning Consent. Interested parties should contact Tamworth Borough Council Planning Department. Telephone: 01827 709709 The landlords nor New West Ltd offer any warranty in respect of the Planning (existing or proposed) Building or Fire Regulations. COMMERCIAL ENERGY PERFORMANCE CERTIFICATE We understand that the premises are assessed as E105, certificate reference no: 0540-0630-9882-2627-7006. Copies of the EPC and Recommendations Report can be provided upon request. LEGAL FEES In respect of a successful letting each party shall bear their own legal costs. VAT The position with regard to VAT is reserved at all times and VAT may be charged on the rental and insurance rental and prospective tenants must make their own enquiries. MONEY LAUNDERING POLICY In accordance with Money Laundering Regulations, two forms of ID/Address will be required and confirmation of the source of funding from the successful tenant.
Nearby Major Retailers
-
Philip Westin-Hardy -
New West Ltd
Presented by
14 Market St
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