1187 BRISTOL ROAD SOUTH, NORTHFIELD, BIRMINGHAM, B31 2SL

TWO STOREY RETAIL PREMISES WITH SELF-CONTAINED FLAT – INCOME PRODUCING – FREEHOLD

Investment

Restaurant/Takeaway

£275,000
Location:

The property occupies a prominent position fronting the main A38 Bristol Road South, a busy arterial through route, serving Birmingham City Centre from the south west. The property is situated within an established local retail parade near to the junction with School Close. Northfield is located approximately 8 miles south west of Birmingham City Centre. Surrounding occupiers include a number of local fast-food outlets, hairdressers and convenience stores.

Description:

The premises comprise a mid-terraced two storey property of brick-built construction surmounted by a pitched roof. Internally the ground floor retail unit benefits from a glazed shop front, a solid floor with a mixture of tiled and linoleum covering, tiled walls, extraction canopy, suspended ceiling with LED lights, a rear store and WC facilities. The first floor is accessed via a separate side door to the front and provides three bedrooms, lounge and a kitchen and bathroom. Externally the property has an electric metal shutter to the front of the premises.

Accommodation
Ground Floor
971 Sq Ft
90 Sq M
First Floor
536 Sq Ft
50 Sq M
Total Sq Ft:
1,507 Sq Ft
Total Sq M:
140 Sq M
Energy Performance Certificate:

Details available upon request.

Services:

We are advised all main services are connected.

Planning:

Interested parties should contact Birmingham City Council Planning Department on 0121 303 1115.

Tenure / Price:

The freehold interest is available at a quoting price of £275,000, subject to contract.

The entire property is currently let on a 15-year lease with effect from November 2019 at a passing rent of £17,600 per annum exclusive.

Business Rates:

The ground floor is currently listed within the 2017 rating listing as have a rateable value of £5,100. Rates payable will be in the region of £2,544.9 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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