Let Agreed

Shop

Priory Road, Birmingham, B28


£570 Monthly

*** LET BY BLACK AND GOLDS ON THE FIRST VIEWING! *** Available immediately through Black and Golds.

The unit boasts a highly visible location on a main road in B28. Having previously been used as a Barber Shop for numerous years this unit has surprisingly become available and won’t be on the market for long!! The property is available on a new full repairing and insuring lease for a term of years to be agreed. Please note the rent is exclusive of business rates.

Benefiting from two parking spaces to the front of the unit and being in a busy row of shops. The property comprises of a large open plan front area, kitchen, toilet area and a further rear office space.

Current rateable value (1 April 2017 to present) is £3,950PA however small business rates relief may be available subject to status. Please contact the Local Authority for further information.

LEGAL COSTS
Each party is to be responsible for their own legal costs incurred throughout the transaction.

SECURITY
In respect to any letting, it is likely that the landlord will require a rental deposit and/or personal guarantee by way of security from the successful applicant.

VAT
Any prices or rents are exclusive of, but may be subject to, VAT. Interested parties are advised to make their own enquiries.

MONEY LAUNDERING
In accordance with current legislation, we will be required to carry out AntiMoney Laundering checks on successful applicants.

Tenant Info

Holding Deposit (per tenancy): One week's rent. This is to reserve a property. Please Note: This will be withheld if any relevant person (including any guarantor(s)) withdraw from the tenancy, fail a Right- to-Rent check, provide materially significant false or misleading information, or fail to sign their tenancy agreement (and / or Deed of Guarantee) within 15 calendar days (or other Deadline for Agreement as mutually agreed in writing).

Security Deposit (per tenancy. Rent under £50,000 per year): Five weeks' rent. This covers damages or defaults on the part of the tenant during the tenancy.

Security Deposit (per tenancy. Rent of £50,000 or over per year): Six weeks' rent. This covers damages or defaults on the part of the tenant during the tenancy. 

Unpaid Rent: Interest at 3% above the Bank of England Base Rate from Rent Due Date until paid in order to pursue non-payment of rent. Please Note: This will not be levied until the rent is more than 14 days in arrears.

Lost Key(s) or other Security Device(s): Tenants are liable to the actual cost of replacing any lost key(s) or other security device(s). If the loss results in locks needing to be changed, the actual costs of a locksmith, new lock and replacement keys for the tenant, landlord any other persons requiring keys will be charged to the tenant. If extra costs are incurred there will be a charge of £15 per hour (inc. VAT) for the time taken replacing lost key(s) or other security device(s).

Variation of Contract (Tenant's Request):£50 (inc. VAT) per agreed variation. To cover the costs associated with taking landlord's instructions as well as the preparation and execution of new legal documents.

Change of Sharer (Tenant's Request):£50 (inc. VAT) per replacement tenant or any reasonable costs incurred if higher. To cover the costs associated with taking landlord's instructions, new tenant referencing and Right-to-Rent checks, deposit registration as well as the preparation and execution of new legal documents.

Early Termination (Tenant's Request): Should the tenant wish to leave their contract early, they shall be liable to the landlord's costs in re-letting the property as well as all rent due under the tenancy until the start date of the replacement tenancy. These costs will be no more than the maximum amount of rent outstanding on the tenancy.

If you any questions on our fees, please ask a member of staff.

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