140 YARDLEY ROAD, ACOCKS GREEN, BIRMINGHAM, B27 6NA

A5 TAKEAWAY & SELF-CONTAINED FLAT – LEASE FOR SALE

Business

Restaurant/Takeaway

Retail

£25,000
Location:

The retail premises are situated on the main Yardley Road in Acocks Green. Acocks Green is a suburb of Birmingham situated some 4 miles south-east of the city centre equidistant between Birmingham centre and Solihull. Warwick Road (A41) provides access to the M42 (Junction 5). Occupiers close by include a variety of local occupiers.

Description:

The property is a two-storey terraced self-contained retail unit with a glazed shop front. Internally, the retail accommodation on the ground floor benefits from a lino finish, plastered and wallpapered walls, fluorescent strip lights, extraction canopy, a kitchen area with gas/mains electric and a cold store located outside. Externally there is an electric metal roller shutter door to the front of the premises. To the side of the shop there is a staircase that leads to a self-contained one bed flat on the first floor.

Accommodation
Ground Floor
447 Sq Ft
42 Sq M
One Bed Flat
381 Sq Ft
35 Sq M
Total Sq Ft:
828 Sq Ft
Total Sq M:
77 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 FRI lease at a passing rent of £14,400 per annum exclusive. The upstairs flat is currently let £800 inclusive on a 6-month AST.

A premium of £25,000 is sought in respect of the fixtures and fittings. Stock as value. Further details are available upon request.

Business Rates:

The property is currently listed within the 2017 rating listing as having a rateable value of £3,150. Rates payable will be in the region of £1,546.65 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.

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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