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West Midlands, B18 4HD

Retail for sale

£850,000
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Total price
SOA
Space

Location: Located on the highly desired Dudley road, the property benefits from a strong passing footfall placing the businesses at the forefront of consumer eyes. The vicinity consists of a large Highstreet comprising of an array of different businesses occupied by well-known Highstreet brands and independent traders. There are excellent transport links in the area providing ease of access to and from the city Centre.

Description: The premises comprise of 2 businesses both occupied by different trades. One of the businesses currently trades as a successful fast food franchise and one trading as a phone store. On the first and second floor of the building comprises of 17 bedrooms, 2 kitchens and 3 bathrooms

business rates: The fast food franchise includes all fixtures and fittings including customer seating area, counter top, glass food cabinets, Industrial cold room, industrial grills, fryers, kebab rollers, clay ovens, pizza ovens, etc. The business is equipped with CCTV cameras around the premises and a fitted alarm system. There are also front roller shutters at the front of the premises. Customer toilets are also available. The phone shop comprises of a large shop front followed by another office area, kitchen/diner and bathroom. The business also has CCTV cameras installed and front roller shutters. There is an accessible courtyard at the rear of the premises.

Uses: A1/A2/A3

tenure: £850,000 Freehold

business rates: All interested parties are encouraged to make their own enquiries with local authority

size: Fish shop 1300 sq ft & Phone shop 600 sq ft

opening hours: Monday - Saturday 11:30 a.m till Midnight & Sunday 5 p.m - Midnight Fish & Chip

staff: Owner managed with 4 staff

upper parts: The first and second floor comprise of 17 bedrooms, 2 contemporary style kitchens and 2 bathroom suites. The property is licensed as 8-12 Bedroom hmo

turnover: Current turnover in excess of £390,000 per annum approximately. Great opportunity to increase sales with Sunday opening hours

accounts: Available on request on viewing

income: From Phone shop £10,400 & income from upper parts is £45,000

legal cost: Each party is to bear their own legal cost.

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

Features

• Combi Boiler

• Class: A3 : Restaurants and cafes

• Size: 13500

Listed Features

  • Restaurant
  • Outdoor Space
  • WC Facilities
  • Office
  • Security Shutters
  • Kitchen
  • High Street
  • CCTV
  • Multiple floors
  • Cafè
  • Alarm System
  • Modern Design
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