778 HAGLEY ROAD WEST, QUINTON, BIRMINGHAM, B68 0PJ

GROUND FLOOR OFF LICENCE – LEASE FOR SALE

Business

Retail

£30,000
Location:

The property is situated in a prominent location fronting Hagley Road West.  The property is surrounded by a mixture of retail and residential and is located approximately 5 miles from Birmingham City Centre.  Junction 3 of the M5 Motorway is located approximately 2 miles from the subject premises.

Description:

The property is a two storey building with brick elevations surmounted by a flat roof.  The retail unit is self-contained and located on the ground floor.  Internally the property benefits from a glazed shop front, laminated flooring, plaster & painted walls, suspended ceiling incorporating fluorescent strip lighting, CCTV, alarm, a store and WC facilities.  There are electric metal roller shutters to the front of the property.  Parking is also available at the front & rear.

Accommodation
Retail
1,125 Sq Ft
105 Sq M
Total Sq Ft:
1,125 Sq Ft
Total Sq M:
105 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 15 year FRI lease with effect from 20th November 2006 at a passing rent of £9,875 per annum exclusive.

A premium of £30,000 is sought in respect of the fixtures and fittings.  Further details are available upon request.

Business Rates:

The property is currently listed within the 2015 rating listing as have a rateable value of £8,200.  Rates payable will be in the region of £3,927.80 per annum.

Interested parties are advised to make their own enquiries to Sandwell Metropolitan Borough Council on 0121 368 1100.

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

Stay up to date

Get our latest properties directly to your inbox. Sign up below and we’ll send you our weekly updates:




Enquiries