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The property is situated in the well established Kitts Green, Lea Village shopping area, which lies approximately 6 miles east of Birmingham city centre.
The property is located within a parade of similar properties in this densely developed residential area and there is a good mix of local traders and national retailers including Ladbrokes, Greggs, Lloyds Bank, The Post Office and a Nisa convenience store.
A mid terraced retail unit with former living accommodation above.
Ground Rents
A Freehold Commercial Ground Rent
We understand that the property is Freehold and is being sold subject to the existing tenancy.
The property is let to Alertbind Limited and is occupied by a subsidiary of the Lessee, Scrivens Limited, trading as Scrivens Opticians for a term of 99 years with effect from the 25th December 1955 (approximately 38 years unexpired) at a yearly rent of £50 paid by equal half yearly payments on the 24th June and 25th December.
Full details relating to tenure and a copy of the Lease will be available for inspection within the legal pack.
External viewings only.
