55 WATFORD ROAD, KINGS NORTON, BIRMINGHAM, B30 1NP

GROUND FLOOR RETAIL PREMISES – PREMIUM APPLICABLE – LEASE FOR SALE

Retail

Showroom

Beauty/Aesthetics

£20,000
Location:

The property is situated in a prominent location fronting Watford Road, close to the junction with Northfield Road and Rowheath Road. Watford Road and the local area provide a variety of retail shops, restaurants, takeaways and other independent businesses. Kings Norton Train Station in a short walk from the premises and benefits from regular public transport. Birmingham City Centre is located approximately 5 miles north of the subject premises and the M5 motorway located approximately 7 miles north.

Description:

The property is an end-terraced building of brick-built construction with a pitched tiled roof and the subject premises comprises of a self-contained retail unit on the ground floor with single glazed windows. The retail unit benefits from linoleum covered flooring, plastered and painted walls and ceilings, light points and WC facilities. Externally the property benefits from having on site car parking located towards the front of the premises as well as a side yard with disused outbuildings.

Accommodation
Ground Floor
624 Sq Ft
58 Sq M
Total Sq Ft:
624 Sq Ft
Total Sq M:
58 Sq M
Energy Performance Certificate:

Details available upon request.

Services:

We are advised all main services are connected to include mains gas, water and electricity.

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:

A premium of £20,000 is sought in respect of the fixtures and fittings. Stock at value. Further details are available upon request.

The ground floor property is leased at a passing rent of £10,620 per annum exclusive.

Business Rates:

The property is currently listed within the 2017 rating listing as have a rateable value of £5,200. Rates payable will be in the region of £2,594.80 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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