Property description
LOCATION:
Balsall Heath is a suburb of Birmingham Situated approximately 3 miles from Birmingham City Centre.
The subject property is situated within a prominent position along Ladypool Road and Brighton Road within the famous Balti Triangle. The business was trading as Brighton Arms Public House. The Premises are in close proximity to retailers in the form Toros Steak House, Ice Stone Gelato, Lahore Kebab House, Anterp Restaurant and Moneysavers Supermarket.
The area has a rich multicultural mix of population and Ladypool Road has a variety of occupiers, housing and offices. The premises location also has a diverse selection of retail and commercial style businesses. A business in close proximity enhances the commercial premises on offer as it attracts visitors to the area throughout the year.
DESCRIPTION:
The property comprises of ground floor retails area along with rear yard, which was used for outside seating.
The premises benefits from -
*Good size lower ground cellar
*Female and disabled W/C
* Oak Bar Area
*Rear Kitchen -various equipment
(No equipment has been tested)
ACCOMMODATION:
Ground floor accommodation:
Square Meters
Gross Internal Area - 157 Approx.
Gross External Area - 49 Approx.
Square Feet
Gross Internal Area - 1690 Approx.
Gross External Area - 526 Approx.
CURRENT USAGE:
The premises currently hold A3/ A5 planning consent
SERVICES:
Electricity, Gas and water service are available. The lessee shall make their own arrangements for the provision of any services required and pay all costs or charges in connection therewith direct to the relevant supply authority.
LEASE:
The whole property will be offered on a 15 years renewable lease (Full Repairing and Insuring lease)
LEASE PREMIUM:
Offered around £35, 000 ONO
RENT:
£29, 000 Per Annum
RATE ABLE VALUE:
TBA (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: For further information and viewing contact:
RH Properties
510 Stratford Road
Sparkhill
Birmingham
B11 4AH
Telephone: 0121 7728488
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.