Property description
RH Properties are proud to present a well-established business lease for sale in the area of Highgate on Oughton Road.
Location: The subject property is situated within a prominent position along Oughton Road and in close proximity to other retailers. Currently being trading as a garage- motor mechanics.
Description: The property currently specialise in vehicle repair. All fitting included within the lease. The premises consists of:
2 ramps with warranty (3 years remaining)
Benches
Compressor
Specialist tools
Parking available upto around 20 cars
W/c
Motor mechanics
Accommodation:
Shop area: 1600sq ft (approx) plus the external area
Tenure: The property is available by way of a flexible lease for a term of years to be agreed.
Rent: £900 PCM
Lease Premium: £40,000 for business and fixtures + fittings
Use: B1 Business, B2 General Industrial and B8 Storage and Distribution
Turnover: Over £100,00 PA
Rates: Interested parties should verify this information with the local ratings 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
Tel: 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.