Ladypool Road, Birmingham, B12
    £16,000 pa
    LOCATION:
    This superb leasehold opportunity is situated on Ladypool Road in Balsall Heath, Birmingham. The area has a rich multicultural mix of population and Ladypool Road has a variety of occupiers, housing and offices. The premises location also has a diverse selection of retail and commercial style businesses in the area like Taste Of Pakistan Restaurant, East and West Supermarket and Rawal Village Buffet Restaurant. A business in close proximity enhances the commercial premises on offer as it attracts visitors to the area throughout the year.

    DESCRIPTION:
    The property comprises of a two storey building with ground floor restaurant area together with w/c and on the first floor a fully fitted kitchen. The property is currently trading as a restaurant.

    ACCOMMODATION:
    Ground Floor Restaurant Area:
    internal width: 4.89 m Approx.
    Internal Length: 11.91m Approx.
    Total: 626 sq ft Approx.
    Total: 58 sq m Approx.

    First Floor Kitchen:
    internal width: 4.89 m Approx.
    Internal Length: 12.31m Approx.
    Total: 646 sq ft Approx.
    Total: 60 sq m Approx.

    Fitting and fixtures:
    Restaurant:
    Laminate flooring, Hand basin, Seating capacity, includes side booths, tables and chairs, Suspended ceiling, 3 metre canopy, 2 large display fridges, Double sink, 6 ring cooker, Grill, Aluminium shop front - double doors and Roofed area for street traders.

    First Floor Kitchen:
    3 Ring floor cooker stoves,4 metre canopy, Double sink, Additional tables and cutlery, 3 metre Cold room and additional storage

    CURRENT USAGE::
    The premises currently holds A3/ A5 planning consent

    SERVICES:
    Electricity, Gas and water service are available. The lessee shall make their own arrangements for the provision of any services required and pay all costs or charges in connection therewith direct to the relevant supply authority.

    LEASE:
    The whole property will be offered on a new renewable lease (Full Repairing and Insuring lease)

    LEASE PREMIUM:
    Offered around £60,000 ONO

    RENT:
    £16,000 Per Annum

    RATE ABLE VALUE:
    Parties should verify this information with the local rating authority

    COSTS:
    The in-going tenant will be responsible for the payment of the landlord's legal costs, building insurance and agent administration fees.
    ***** Upon taking occupancy a three months advanced rent and three months deposit will be required *****

    Viewing: For further information and viewing contact:
    RH Properties
    510 Stratford Road
    Sparkhill
    Birmingham
    B11 4AH
    Tel: 0121 772 8488

    1. MONEY LAUNDERING REGULATIONS Intending purchaser will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
    2. These particulars do not constitute part or all of an offer or contract.
    3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
    4. Potential buyers are advised to recheck the measurements before committing to any expense.
    5. R.H. Properties have not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interest to check the working condition of any appliances.
    6. R.H. Properties has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
    Reference: CL0410
    Whilst every effort is made to ensure the accuracy of these details, it should be noted that the measurements are approximate only. Floorplans are for representation purposes only and prepared according to the RICS Code of Measuring Practice by our floorplan provider. Therefore, the layout of doors, windows and rooms are approximate and should be regarded as such by any prospective tenant.
     
    48,49

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