580 Coventry Road

Birmingham, B10 0US

0121 773 7351

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Business Lease for Sale on Stratford Road

Stratford Road, Sparkhill, Birmingham, B11 4AH
£80,000

Description

This fantastic leasehold opportunity has an ideal and visible location on the main Stratford Road in a densely populated area of Sparkhill. The premises location also has a diverse selection of retail and commercial style businesses within the area. Businesses in close proximity enhance the commercial premises on offer as it attracts visitors to the area throughout the year. There is also a large amount of neighbouring residential homes that supplies an endless stream of local customers.

It is currently closed due to Covid-19 lockdown rules but an ideal opportunity to invest in an established place.

We are advised by the vendor that the property benefits from an existing A5 planning consent.

Details as follow:-

Ground Floor:- Shop Area: Size 16.66m x 8.55m (55’0” x 28’2”). Window overlooking Front & Rear. Entrance with oak wood double doors. Shop Reception. Oak pillars. Tiled Floor, 100 Seat combination of seating booths and table chairs.

Kitchen: Size 5.5m x 10.12m (18’15” x 33’4”). Having Drink Chiller. Double display fridge, Grill Charcoal, 7 Ring Cooker. Tandoor, Double Pizza Oven, Flat Freezer. Triple Microwave. Double Sink. Access to Cold Room.

Cold Room: Size 6.00m x 8.00m (19’8” x 26’4”).

W.C.’s: Having Male/Female separate W.C. and Wash Basin.

Storage: Size 4.35m x 7.61m (14’4” x 25’11”). Storage for deliveries.

First Floor: Having 2 Separate Flats. (Potential income £1000.00 – £1200.00 PCM)

Rent: £60,000 PA
Rent Review: Every 3 years
Term: Negotiable
Rates: Interested parties should verify this information with local rating authority.
Flat potential income: (In the region of £1000.00 to £1200.00 PCM)
Building Insurance Premium: Incoming tenant to pay Business Insurance Premium
Legal Costs: Incoming tenant to pay landlords legal costs and agent fees.
Requirement: I.D.’s , Guarantor and references required from the incoming tenant.

BUSINESS LEASE PREMIUM: £100,000 ONO

VIEWING BY APPOINTMENT ONLY

 

  • Address: Stratford Road, Sparkhill, Birmingham, B11 4AH
  • Zip/Postal Code: B11 4AH
  • Country: United Kingdom

Detail

Updated on April 23, 2021 at 3:12 pm

  • Property ID: GE-9694
  • Price: £80,000
  • Bedrooms: 2
  • Bathrooms: 2
  • Property Type: Commercial
  • Property Status: For Sale
  • Reception Rooms: 2
  • All Commercial Type: Restaurant/Cafe

Additional details

  • Rent: £60,000 PA
  • Rent Review: Every 3 Years
  • Term: Negotiable
  • Rates: Interested parties should verify from local rating authority
  • :

WalkScore

What's Nearby?

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Education

  • First Street Towers (0.14 mi)
    2 reviews
  • Purdue University (0.26 mi)
    6 reviews

Food

  • Windsor Dining Court (0.2 mi)
    1 reviews
  • Boiler Bistro (0.22 mi)
    1 reviews

Health & Medical

  • Purdue Psychology Clinics (0.14 mi)
    1 reviews
  • France A. Córdova Recreational Sports Center (0.3 mi)
    11 reviews

Restaurants

  • Windsor Dining Court (0.2 mi)
    1 reviews
  • Boiler Bistro (0.22 mi)
    1 reviews

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