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Business for Sale in Somerset Road, Handsworth, Birmingham, West mislands, B20 2JG

Handsworth, West Midlands



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SomersetHandsworthfreehold / Rightbiz
Asking Price: £279,950

LOCATION:The subject premises occupy a prominent and highly visible corner trading position with little in the way of direct local competition on the good and well populated residential area

DESCRIPTION:There is a main counter, a 3-pan fryer and serving area which is located upon entrance of the takeaway, with the secondary kitchen and preparation area to the rear.


TENURE:£279,950 Freehold

PREMIUM:£69,950 for the benefit of the lease, fixtures, fittings and goodwill.

TERMS:The property is available to let on a new 15 years lease on a full repairing and insuring basis for a term to be agreed subject to periodic rent reviews

BUSINESS RATES:Nil: All interested parties are encouraged to make their own enquiries with local authority

SIZE:Approximately 900 sq ft

OPENING HOURS:Monday - Saturday 12 noon - 10:30 p.m & Sunday Closed

STAFF:Family Run

UPPER PARTS:2-bedroom upper parts

TURNOVER:Current turnover in excess of £156,000 per annum approximately. Great opportunity to increase sales with Sunday opening hours

LEGAL COST:To be confirmed

LOCAL AUTHORITY:Birmingham City Council

REFERENCE CHARGE:London Properties charges a fee of £200 plus VAT for taking up references for proposed tenants. This fee is non- refundable after the references have been taken up, whether they are accepted or not by the Landlord

FIXTURE & FITTINGS:Any fixtures, fittings, equipment, machinery and plants which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition

HOLDING DEPOSIT:A holding deposit will be required to secure the property; the deposit will buy a period of exclusivity and will be held in the London Properties client account

AGENT NOTE:London Properties for themselves for Lessors, Vendors and their agents, give notice that:-

1. These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries.

2. These details do not constitute any part of an offer or contract.

3. All statements or details contained within these particulars are without any responsibility on any part, to London Properties.

4. All rent prices, fees and charges are quoted exclusive of VAT

VIEWINGS:Through London Properties by appointment only

Contact Agent
Advert Reference:
SomersetHandsworthfreehold / Rightbiz
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