512 STRATFORD ROAD, SPARKHILL, BIRMINGHAM, B11 4AH

TWO STOREY RETAIL PREMISES – LEASE FOR SALE

Restaurant/Takeaway

Retail

Location:

The subject premises occupies an extremely prominent corner position, situated at the inter-section of Stratford Road (A34 – main arterial route – considerable traffic flow) and Baker Street. The position benefits from a strong passing footfall with a wide range of trades represented in the vicinity. Birmingham City Centre is located approximately 5.9 miles North-West.

Description:

The property is a ground floor self-contained end-terraced retail unit with a glazed shop front. Internally, the retail accommodation benefits from tiled flooring, plastered and painted walls, suspended ceiling with LED lights, a fully fitted kitchen area to include an extraction canopy, a prep area and WC facilities. There is further accommodation available on the first floor, suitable for residential use. Externally the building benefits from a rear courtyard and parking to the front.

Accommodation
Basement
546 Sq Ft
51 Sq M
Ground Floor
2,000 Sq Ft
186 Sq M
First Floor
1,454 Sq Ft
135 Sq M
Total Sq Ft:
4,000 Sq Ft
Total Sq M:
372 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.

Planning:

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

Tenure / Price:

The property is available on a leasehold basis at a quoting rent of £60,000 per annum exclusive. A premium of £75,000 is sought in respect of the existing fixtures and fittings. Further details are available upon request.

Business Rates:

The property is currently listed within the 2017 rating listing as have a rateable value of £13,750.00. Rates payable will be in the region of £6,861.25 per annum. 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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