21 AUGUSTA STREET, JEWELLERY QUARTER, BIRMINGHAM, B18 6JA

GROUND FLOOR TAKEAWAY – LEASE FOR SALE

Business

Restaurant/Takeaway

Retail

£40,000
Location:

The property is located on Augusta Street, just off Warstone Lane in the heart of Birmingham’s Jewellery Quarter.  The building is within easy reach of local amenities including pubs, restaurants, shopping facilities and transport links including the Jewellery Quarter Train Station which is 0.25 miles from the property.

Description:

The property is a mid-terrace building of brick built construction and comprises mainly of open plan accommodation to include tiled flooring, wallpapered walls and inset ceiling lights & spotlights, an extraction canopy, WC accommodation and a store room.  The front window is a sliding window.

Accommodation
Ground Floor
837 Sq Ft
78 Sq M
Total Sq Ft:
837 Sq Ft
Total Sq M:
78 Sq M
Energy Performance Certificate:

Details available upon request.

Services:

We are advised all main services are connected.

Mason Young Property Consultants has not checked and does not accept responsibility for any of the services within this property and would suggest that any in-going tenant or occupier satisfies themselves in this regard.

Tenure / Price:

The property is let on a 5 year lease at a passing rent of £9,500 per annum exclusive.  New lease terms are to be agreed.

A premium of £40,000 is sought in respect of the premium,  fixtures and fittings.  Stock as value.  Further details are available upon request.

Business Rates:

The property is currently listed within the 2015 rating listing as have a rateable value of £4,350.  Rates payable will be in the region of £2,083.65 per annum.

Interested parties are advised to make their own enquiries to Birmingham City Council on 0121 303 5511.

VAT:

We understand that the property is not elected for VAT.

Legal Costs:

Each party to be responsible for their own legal costs incurred during this transaction.

Viewing:
Strictly by prior appointment with the sole agents,
Mason Young Property Consultants.
Contact Details:
Arjamand Farooqui BSc (Hons)
Tel: 0121 285 3535
Mob: 07929 410 481
Email: af@masonyoung.co.uk

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