LOCATION:The property is situated in Yardley Wood Road, Warstock, in Birmingham, West Midlands. The subject premises occupy a fantastic and highly visible trading position with excellent access to major bus, rail, road and motorway links in a densely populated mixed residential and commercial also within walking distance to Yardley wood Bus depot.
DESCRIPTION:The Off License has clear modern signage displayed above aluminum steel framed shop front fitting. Internally being very well presented with modern shop fittings & lighting through-out. The main service counter is positioned to the front of the premises. Storage is to the rear of the property with aluminum shuttered loading bay & separate WC.
PREMIUM:£69,950 for the benefit of the lease, fixtures, fittings and goodwill.
RENTAL:£25,000 per annum
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:All interested parties are encouraged to make their own enquiries with local authority
SIZE:Approximately 1754 sq ft
OPENING HOURS:Mon - Sat 10 a.m - 10 p.m & Sun 10: a.m - 9 p.m
UPPER PARTS:Having a separate steel staircase entrance to the rear of the property, The first floor accommodation briefly comprises of 3 bedrooms, Lounge, Kitchen, Shower room, Terrace and rear yard with brick built storage shed.
TURNOVER:Current turnover in excess of £468,000 per annum approximately.
ACCOUNTS:Available on viewing
LEGAL COST:Each party is to bear their own legal cost.
LOCAL AUTHORITY:Solihull City Council
ENERGY PERFORMANCE CERTIFICATE:Energy Performance Asset Rating is 53- C Rating. C copy of this property’s energy performance certificate is available on request.
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
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
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
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