Property description
RH Properties are proud to present this superb cafe located along the main Pershore Road, Cotteridge.
The property is situated within a prominent position along the main Pershore Road and in close proximity to retailers in the form of Betfred Bookies, The Co-operative supermarket, Subway, Greggs, Acorn and Natwest Bank.
Description
The property comprises ground floor cafe with rear private parking space.
The retail area benefits from:
- Retail space 4.5m x 17m (approx)
- Rear storage room - 2 w/c 4.5m x 3.5m (approx)
Tenure
The property is available on a convert lease of 7 years remaining approx - renewable
Rent
£15,000 per annum
Lease premium - £55,000 o.n.o
Use
The property benefits from an existing A2 consent and the accommodation is therefore suitable for either A2 + A1 use.
Features
The accommodation benefits from 10 slot machines which each have a £5.00 Jackpot and is a good income source. The cafe which has been established for over 20 years and has a steadily flow of regular local costumers. Turnover can be improved with a more of a variety menu.
Rates
TBA. Interested parties should verify this information with the local rating authority.
Costs: The in-going tenant will be responsible for the payment of the landlord's legal costs, building insurance and agent administration fees.
***** Upon taking occupancy a three months advanced rent and three months deposit will be required *****
Viewing
All viewings by prior appointment through this office. Contact R H Properties on 0121 772 8488
1. MONEY LAUNDERING REGULATIONS - Intending purchaser will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. These particulars do not constitute part or all of an offer or contract.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Potential buyers are advised to recheck the measurements before committing to any expense.
5. R.H. Properties have not tested any apparatus, equipment, fixtures, fittings or services and it is the buyer's interest to check the working condition of any appliances.
6. R.H. Properties has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.