Tividale Road, Tipton
Monthly Rental Of £550

An excellent opportunity to lease a commercial premises situated in a highly accessible location, with convenient links to M5 Junction 2, Birmingham and Wolverhampton city centres, and neighbouring towns.

Located on a busy retail parade along the A457 connecting Birmingham and Dudley, this property benefits from high visibility and passing footfall.

Property Overview:

Previously operating as a sandwich shop, the premises is suitable for a variety of uses (subject to planning consent).

Positioned just west of Oldbury Town Centre, with access from the A4123, the site enjoys excellent connectivity. The A457 (Birmingham Road) links conveniently with both the A4123 (Wolverhampton to Birmingham New Road) and A461 dual carriageway, offering easy access across Birmingham and the Black Country.

Rent: £6,600 per annum

Key Features:

• Electric roller shutter for security

• Open-plan service area

• Rear kitchen/storage room

• WC facilities

• Approximate total internal area: 35.58 sq m (383 sq ft)

Accommodation:

Ground Floor Front Retail Area:
Accessible directly from street level with a welcoming customer reception area. The retail space leads to a rear service area with access to WC facilities.

External:
On-street parking available directly outside the premises.

Lease Terms:
Available to let on terms to be agreed. All enquiries to be directed to Innovate Estate Agents.

Legal Costs:
The incoming tenant will be responsible for the landlord’s legal costs.

Business Rates:
Tenants will be responsible for business rates, payable directly to the local authority.

Services:
Mains electricity, gas, water and drainage are available. Please note, the agents have not tested the services or appliances and cannot confirm their condition or suitability. Prospective tenants should seek independent verification from their solicitor or surveyor.

Energy Performance Certificate (EPC):
Rating: D

VAT:
All figures quoted are exclusive of VAT, where applicable.

Viewing Arrangements:
Strictly by prior appointment via Innovate Estate Agents, who will accompany prospective tenants on viewings.

Important Notes:

Code for Leasing Business Premises (1st Edition, February 2020):
We recommend tenants familiarise themselves with this code before entering into lease negotiations and seek appropriate professional advice.

Money Laundering Regulations:
In compliance with current regulations, prospective tenants will be required to provide:

1. Valid photographic identification

2. Proof of address

If physical documentation is unavailable, Innovate Estate Agents reserves the right to conduct electronic identity verification. Satisfactory bank and trade references will also be required.

*DOCUMENTS REQUIRED FOR ALL TENANTS APPLYING:

- 3 months bank statements

- 3 months wage slips

- A form of photographic ID

- Completed application form*

At Innovate Estate Agents, we strictly do not discriminate against any application, on any grounds. However, some landlords may have stipulations in their mortgage conditions or insurance policies that they must only accept tenants who are in full time employment. Therefore, Innovate cannot accept any responsibility for rejecting any tenants seeking benefits.

Fees for tenants:
Upon application being accepted by the landlord, you will be required to pay a holding fee equivalent to 1 weeks rent.
PLEASE NOTE: if you fail referencing due to none disclosure of crucial information such as not declaring credit issues or falsely declaring information, the holding fee is not refundable. If you decide not to proceed with the property, the holding fee is not refundable.

Once referencing has passed you will be required to pay a fee equivalent to 4 weeks rent, which is added to your holding fee to form your deposit which will then be registered with the Deposit Protection Scheme. Once this is paid, your move in date will then be agreed. On or before the date of collecting the keys to the property you will be required to pay your first month's rent.

For exact costings of the property you're interested in, please contact a member of our team.