FOR RENT
19/06/26
4001
KNOWLE / Rightbiz
Introduction
The Vault Real Estate is pleased to present this exceptional lettings opportunity – the former Lloyds Indian Restaurant, a fully established and fully equipped restaurant premises in the heart of Knowle, one of Solihull's most affluent villages.
Dimensions
Total Floor Area - 3,931 sq.ft (365.2 sq.m)
Tenure
This premises is available by the way of a new FRI lease.
Planning & Usage
This is mixed-use property holding both Class E (commercial restaurant space) and Class C3 (residential accommodation) use classes
VAT
It is believed that VAT is not payable.
Rateable Value
The current rateable value is £29,750, as obtained from the Valuations Office. Businesses who qualify maybe eligible for small business rate relief. Interested parties should contact the local authorities.
Services
None of the appliances and/or services have been tested and we advise any incoming tenant(s) to conduct their own assessments or tests.
Legal Costs
Each party is liable for their own legal and conveyancing costs.
Anti Money Laundering
In accordance with Anti-Money Laundering Regulations, two forms of ID and confirmation of the source of funding will be required from the successful applicant. For limited companies and LLPs, any owner, PSC or partner with 25% holdings or control must provide the same.
All AML checks are conducted by Coadjute on our behalf and they charge a fee of £45 plus VAT.
Viewings
Strictly by appointment only.
Disclaimer
Whilst every effort has been taken to ensure that the details in this material are accurate and correct, all interested parties should satisfy themselves, by inspection or otherwise as to the accuracy of the description and the floorplan shown. Any fixtures and fittings listed must be assumed as not included in the sale or lease unless specified. We have not tested any appliances, or services and cannot guarantee they will be in working order.
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.