Restaurant/cafe for sale in 512 Stratford Road, Sparkhill B11

Guide price £75,000 (£18.75/sq. ft)
Restaurant/cafe for sale 4,000 sq. ft*
Interested in this property? Call +44 121 721 9881 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Main Road Frontage
  • Fully Fitted Kitchen
  • Premium Applicable
  • Self Contained

Property description

Location
The subject premises occupies an extremely prominent corner position, situated at the inter-section of Stratford Road (A34 – main arterial route – considerable traffic flow) and Baker Street. The position benefits from a strong passing footfall with a wide range of trades represented in the vicinity. Birmingham City Centre is located approximately 5.9 miles North-West

description
The property is a ground floor self-contained end-terraced retail unit with a glazed shop front. Internally, the retail accommodation benefits from tiled flooring, plastered and painted walls, suspended ceiling with LED lights, a fully fitted kitchen area to include an extraction canopy, a prep area and WC facilities. There is further accommodation available on the first floor, suitable for residential use. Externally the building benefits from a rear courtyard and parking to the front.

Planning
Interested parties should contact Birmingham City Council Planning Department.

Services
We are advised all main services are connected to include gas, water and electricity.

Mason Young Property Consultants has not checked and does not accept responsibility for any of the services within this property and would suggest that any in-going tenant or occupier satisfies themselves in this regard.

Energy performance certificates
Details available upon request.

Tenure/price
The property is available on a leasehold basis at a quoting rent of £60,000 per annum exclusive. A premium of £75,000 is sought in respect of the existing fixtures and fittings. Further details are available upon request.

Business rates
The property is currently listed within the 2017 rating listing as have a rateable value of £13,750.00. Rates payable will be in the region of £6,861.25 per annum. Small business rate relief may apply.

Interested parties are advised to make their own enquiries to Birmingham City Council.

Money laundering
The money laundering regulations require identification checks are undertaken for all parties purchasing/ leasing property. Before a business relationship can be formed, we will request proof of identification for the purchasing/ leasing entity.

VAT
We understand that the property is not elected for VAT.

Legal costs
Each party to be responsible for their own legal costs incurred during this transaction.

Viewing
Strictly by prior appointment with sole agents, Mason Young Property Consultants.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Mason Young Property Consultants, B18 on +44 121 721 9881 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Mason Young Property Consultants, and do not constitute property particulars. Please contact Mason Young Property Consultants for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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