Property description
RH Properties are proud to offer this unique and rare opportunity to own a successful baguette and pizza bar on Alcester Road South, Kings Heath in Birmingham.
LOCATION
The ground floor property is situated within a well-established local parade of similar properties, fronting the main A435 Alcester Road South. The benefits from a good immediate catchment area for trade combined with a high level of potential passing trade.
DESCRIPTION
The ground floor premises consist of retail shop floor with large counter area. The property also consists of a rear kitchen, preparation area, W/C with single basin, cold room that is located outside and rear garden.
EQUIPMENT:
Is too diverse to list however we have a pizza machine, Drinks Counter, Sandwich Display Counter, Sandwich Fridge, Jacket Potato Machine, Double Fryer and Four Freezers. Other equipment are also available.
ACCOMMODATION
Total: 861sq ft. Approx
Total: 80 sq m Approx
TENURE
The property is available by way of a current lease that expires in 2020 (the lease is a full repairing and insuring lease and is renewable).
RENT
£18,000 per year
LEASE PREMIUM
£35,000 lease premium ono. Includes all fixtures and equipment.
USE
The property benefits from an existing A3 and A5 consent
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, and agent administration fee.
***** Upon taking occupancy a three months advanced rent and three months deposit will be required *****
VIEWINGS
All viewing by prior appointment through the sole retained agent RH Properties. Contact R.H 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 buyers 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.