Property description
RH Properties are proud to offer this unique and rare opportunity to own a successful Fish and Chip and Kebab restaurant in a busy parade on Bristol Road.
LOCATION
The property is situated within a well-established local parade of similar properties, fronting the main A38 Bristol Road South. The A38 is a main arterial route from the south and links the suburbs of Longbridge, Bourneville and Selly Oak with Birmingham City Centre and lies approximately 3 miles distant.
The property benefits from a good 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, which includes the fryer range. A rear kitchen and preparation area and W/C. The premises also benefits from a two bedroom self contained flat on the first floor which is currently rented on a short-hold AST for £475.00 pcm. Potential interested parties can have the flat vacant if required.
EQUIPMENT: Is too diverse to list however we have a 2pan P&T range, Zanolli Pizza machine - all other equipment are excellent brands.
ACCOMMODATION
Total: 670sq ft Approx.
TENURE
The property is available by way of a current lease that expires in 2026 (the lease is a full repairing and insuring lease and is renewable).
RENT
£15,600 per year
£1,300 per month
Currently receiving £5,700 per annum from 1st floor flat.
Insurance: TBA
LEASE PREMIUM
£45,000 Business lease premium ono.
USE
The property benefits from an existing 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 of £500.00.
***** 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.