Details
•Prominent period property opposite the main pedestrianised shopping district
•Well configured accommodation •Current rent of £92,500 per annum
•Occupiers nearby include Tesco’s, Sports Direct and Debenhams
•Nil Premium
•Incentives available – subject to status
•Premises currently closed
Location
Walsall is a popular town that is located 10 miles north of Birmingham and 7miles east of Wolverhampton. Road communications are good with M6 and M5 motorways both easily accessible and regular trains providing access to Birmingham New Street and Manchester Piccadilly.
The Imperial occupies a prominent corner position with frontage to the pedestrianised Shopping district. The area is densely populated with occupiers nearby including Tesco, Sports Direct and Debenhams.
Description
A substantial corner property which is of steel framed and brick construction under a multi pitched roof.
Ground Floor
Trading accommodation with rear bar servery and laid out with a variety of tables and fixed booths. A kitchen, Cellar and customer toilets are also located at this level.
Upper Floors
A mezzanine floor above the rear bar area. Customer seating and access to rear smoking garden area is located at this level.
Tenure
Held on a lease with an expiry at 19h August 2047 at a current rent of £75,000 per annum subject to 5 yearly upwards only rent reviews with next review in August 2017. There is a tenants only break clause on 19h August 2022