From
£360,000
(£1,146.50/sq. ft)
Retail premises for sale28 Birmingham Road, Sutton Coldfield, West Midlands B72
From 314 - 846 sq. ft
Just added
About this property
Former restaurant/bar unit
Close to Sutton Coldfield town centre
NIA - 2,018 sq ft
Nearby operators include Loungers, Rudys, Wagamama
Estimated Rates Payable: £795.83
Location
Birmingham Road is the focal point for food and beverage operators in Sutton Coldfield with an abundance of popular venues including Pizza By Goli, Rudys, Brewhouse & Kitchen, Quinto Lounge, Pizza Express, Nandos, and the new Wagamama's unit that is currently under construction.
Other nearby occupiers include; Tesco Express, Lloyds Bank and Aldi.
Description
The premises comprise of a former bar/restaurant with main bar area, kitchen, and a large beer garden beyond. There is a further dining area at the first floor that also provides access to the beer garden. We understand that the drinks licence is still in place.
Tenure Comments
These premises are available by way of a new full repairing and insuring lease on terms to be agreed.
Our client will consider Offers in Excess of £360,000 + VAT.
EPC
Energy Performance Asset Rating of the premises currently falls within category D (88).
A copy of the Energy Performance Certificate can be made available upon request.
VAT
The property has been elected for VAT.
Legal Costs
Each party is to be responsible for their own legal costs incurred in this transaction.
Security
It is likely that the Landlord will require a security deposit and/or personal guarantee by way of security from the successful applicant, together with credit/company checks as appropriate.
Birmingham Road is the focal point for food and beverage operators in Sutton Coldfield with an abundance of popular venues including Pizza By Goli, Rudys, Brewhouse & Kitchen, Quinto Lounge, Pizza Express, Nandos, and the new Wagamama's unit that is currently under construction.
Other nearby occupiers include; Tesco Express, Lloyds Bank and Aldi.
Description
The premises comprise of a former bar/restaurant with main bar area, kitchen, and a large beer garden beyond. There is a further dining area at the first floor that also provides access to the beer garden. We understand that the drinks licence is still in place.
Tenure Comments
These premises are available by way of a new full repairing and insuring lease on terms to be agreed.
Our client will consider Offers in Excess of £360,000 + VAT.
EPC
Energy Performance Asset Rating of the premises currently falls within category D (88).
A copy of the Energy Performance Certificate can be made available upon request.
VAT
The property has been elected for VAT.
Legal Costs
Each party is to be responsible for their own legal costs incurred in this transaction.
Security
It is likely that the Landlord will require a security deposit and/or personal guarantee by way of security from the successful applicant, together with credit/company checks as appropriate.
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Monthly repayment
£1,800 per month
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