Commercial Property: in Lichfield

£20,000p.a 5 Baker's Ln,Lichfield
1
Lichfield Lichfield £20,000p.a
Added 16 / 4 / 2025

Location

Lichfield is an affluent Cathedral City located 15 miles northeast of Birmingham and 6 miles northwest of
Tamworth, and benefits from a district population of approximately 93,000.

Situated within a prime shopping pitch in Lichfield, the unit provides accommodation over ground and first
floor.

Adjacencies include Boots and Greggs, with other occupiers in the immediate vicinity including Seasalt, O2,Tesco Express and Nationwide Building Society.

Context

A service charge shall apply to cover common area repair and maintenance costs, together with security and marketing. The service charge budget for 2024/25 is £1,800.

Accomodation

The premises is arranged over ground and first floor, comprising the following approximate net internal floor
area:

  • Ground Floor
    24.89 sq m 268 sq ft
  • First Floor
    19.88 sq m 214 sq ft

Lease

The premises is available by way of a new effectively full repairing and insuring lease for a term by agreement, subject to upward only rent reviews every fifth year.

Rates

We have been verbally advised that the premises is assessed as follows:

  • Rateable Value
    £15,000
  • UBR
    0.499
  • Rates Payable
    £7,734.50

EPC

A copy of the EPC is available on request.

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