The property is located on the main A41 Soho Road. The A41 being a main arterial route from Birmingham City Centre to Junction 1 of the M5 Motorway. The local area consists of a high density of ethnic food stores and businesses. Birmingham City Centre is located approximately 2.5 miles south east of the subject premises with the M5 motorway located approximately 1 mile north west.
The premises comprise of a two storey mid-terraced retail unit of brickbuilt construction surmounted by a pitched tiled roof and a glazed shop front. Internally the retail accommodation benefits from a tiled floor, fluorescent strip lighting, extraction canopy, suspended ceiling, inset lights, CCTV, a cold store/chiller & WC facilities. The upper floors benefit from three bedrooms, lounge, kitchen and WC accommodation. Externally, there is an electric metal roller shutter to the front.
Energy Performance Certificate:
Details available upon request.
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 available at a rent of £20,000 per annum on a FRI basis,subject to contract. Terms to be agreed.
A premium of £15,000 is sought in respect of the fixtures and fittings. Stock as value. Further details are available upon request.
The property is currently listed within the 2017 rating listing as having a rateable value of £13,750. Rates payable will be in the region of £6,737.50 per annum respectively. Small business rate relief may apply.
Interested parties are advised to make their own enquiries to Birmingham City Council on 0121 303 5511.
We understand that the property is not elected for VAT.
Each party to be responsible for their own legal costs incurred during this transaction.