Property description
RH Properties are proud to offer this commercial premises on the main Coventry Road. The premises comprises of a vacant shop which has been recently renovated throughout.
Location
This superb leasehold opportunity has an ideal and visible location on the main Coventry Road, Small Heath, Birmingham.
The premises location also has a diverse selection of retail and commercial styles of businesses in the area.
Businesses in close proximity enhance the commercial premises on offer as it attracts visitors to the area throughout the year. There is also a large amount of neighbouring residential homes that supplies an endless stream of local customers.
The premises is fully renovated:
- New shop front
- Re-plastered throughout
- New electrics
- Kitchenette area
- Rear fire escape
- G/F W.C
- Central Heating
- Double glazing to rear
Accommodation:
Ground floor
Shop Area - 3.95m x 10m approx
Rear store room - 2.5m x 4.5m
Current Usage
The property benefits from an existing A2 planning consent
Business Rates
T.B.A - Interested parties should verify this information from the local rating's authority.
Tenure
The property is available by 15 years fully insurable and renewable lease.
Rent
£350 per week
£18,500 per annum
Lease Premium
£35,000 O.N.O
Costs: The in-going tenant will be responsible for the payment of the landlord's legal costs 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:
Regal Homes
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 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.