93 ELECTRIC AVENUE, ASTON, BIRMINGHAM, B6 7ED

GROUND FLOOR CAFÉ PREMISES – LEASE FOR SALE – PREMIUM APPLICABLE

Retail

UNDER OFFER

£15,000
Location:

The property is situated on Electric Avenue, Aston. In close proximity to the unit are excellent transport links such as Witton Train Station and Aston Train Station. Birmingham City Centre is approximately 3 miles from the premises. Junction 6 of the M6 is approximately 1 mile from the property.

This property is outside of the Birmingham Clean Air Zone.

Description:

The property comprises of a two-storey terraced building with full height brick elevations, a pitched roof and a glazed shop front. The vacant accommodation is on the ground floor and benefits from linoleum floor covering, tiled walls, suspended ceiling incorporating LED lights, full extraction canopy, a preparation kitchen and WC facilities. There is also a storage unit which can be accessed via a service road at the rear.

Accommodation
Ground Floor
746 Sq Ft
69 Sq M
Total Sq Ft:
746 Sq Ft
Total Sq M:
69 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:

The property is let on a 20 year lease with effect from 25th March 2020 at a passing rent of £4,680.00 per annum and increases to £6,500 in March 2021.

A premium of £15,000 is sought in respect of the fixtures and fittings. Stock at value. Further details are available upon request.

Business Rates:

The property is currently listed within the 2019 rating listing as have a rateable value of £2,700.00. Rates payable will be in the region of £1,347.30 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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