LOCATION: The property is situated in Coventry Road, Birmingham, in West Midlands. The subject premises occupy a fantastic and highly visible trading position and situated in a densely populated residential area, the store benefits from a good passing trade from local residents.
DESCRIPTION: This property comprises of ground floor retail space and a 5 bedroom flat, G/F Shop, Suspended ceiling led lights, Canopy, Double display glass counter, Double fryer, Grill machine (Tandoor), Double drink fridge, Tiled floor walls, 3x double seating, booth & table x3, Under counter fridge, Kitchen, Under counter fridge, Double sink basin, assorted stainless steel tables, cold room/ canopy, w/c basin and good sized rear garden
USES: A5
PREMIUM: £XXX Guide price for the benefit of the lease, fixtures, fittings and goodwill
RENTAL: £XXX per annum with flat & flat achieve £XXX rent income
TERMS: The property is available by way of a 20 year lease
BUSINESS RATES: Nil. All interested parties are encouraged to make their own enquiries with local authority
SIZE: Approximately 1722 sq ft
OPENING HOURS: 7 days a week 12 noon to 11:00 p.m
STAFF: Family run
UPPER PARTS: 5-bedroom upper parts which are currently rented out & achieve £XXX per calendar month
TURNOVER: Current turnover in excess of £XXX per annum approximately. In our opinion offering further potential to increase in the right hands.
ACCOUNTS: Available on viewing
LEGAL COST: The in-going tenant will be responsible for the payment of the landlord’s legal costs, building insurance and agent administration fees
LOCAL AUTHORITY: Birmingham City Council
ENERGY PERFORMANCE CERTIFICATE: Energy Performance Asset Rating is 118- E Rating. C copy of this property’s energy performance certificate is available on request.
REFERENCE CHARGE: London Properties charges a fee of £XXX plus VAT for taking up references for proposed tenants. This fee is non-refundable after the references have been taken up, whether they are accepted or not by the Landlord
HOLDING DEPOSIT: A holding deposit will be required to secure the property; the deposit will buy a period of exclusivity and will be held in the London Properties client account
FIXTURE & FITTINGS: Any fixtures, fittings, equipment, machinery and plants which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition
VIEWINGS: Through London Properties by appointment only