A Leasehold Commercial Retail premises available to Let on the main Coventry Road (A-45) in a densely populated area of Small Heath. At present it’s a retail clothing business which has been trading for several years with excellent takings. It is on a very busy location of Coventry Road with bus routes to and from town. Bus stops, Mosque and Schools within walking distance. To the rear of the premises there is a car parking facility available. This is a rare opportunity to invest on an established business with a great reputation.
The property could be used for various trades subject to planning permission. Details as follows:-
Retail Area: 18.57m x 5.72m (60’11” x 18’09”). Suspended ceilings with fluorescent lights and spotlights, fitted shelves to side walls, counter, till. Access to Changing Room, Storeroom, Kitchen and W.C.
Rent: £18,000 PA (Plus Building Insurance)
Rent Review: Every 3 Years.
Rent Payable: Monthly in advance
Term: 4 Years remaining on current lease. (Option to have a new 12 years lease)
Business rates with Business Relief: £2436.39 PA
GOODWILL FIXTURES AND FITTINGS OFFERS IN REGION OF: £65,000 (PLUS STOCK AT VALUATION)
VIEWINGS BY APPOINTMENT ONLY
Updated on March 22, 2022 at 2:04 pm