Property description

RH Properties are pleased to have been appointed as a sole selling agent in order to seek a purchaser for this very well positioned and established business, which has only been made available for sale due to our clients wishing to pursue other business interests.

The business has been established over 40 years ago and has been in our clients careful ownership since 2010.

LOCATION
The subject property is situated within a prominent position along Bristol Street A38 and is in close proximity to other retailers in the form of 02 Academy Birmingham, Radisson Blue Hotel, Bull Ring Shopping Centre and New Street Station.

DESCRIPTION
The property comprises of ground floor established fish bar and first and second floor living accommodation with 6 rooms and lower ground floor storage cellar, rear yard and a garden.

ACCOMMODATION DETAILS
Main service area:
Tiled walls and floor
6 x 4 seats
2 x Stainless Steel Counters
2 Doner Machines
Double Panini Machine
2 x Tandoor Ovens
2 x Chip Fryers
Double Fryers
Double Extractor Fan
1 Southern Fried Chicken Maker
Double Sink
1 Potato Peeler
1 Potato Chipper
External Enclosed rear yard with refuse bin area

ACCOMMODATION
Ground floors:
Gross Frontage: 4.5 m Approx
Ground Floor Length: 4.2 m Approx
Ground Floor Serving Area: 4.2 m x 4.5 m Approx
Rear Storage Room (includes w/c and food preparation facilities) 4.2 m x 8 m Approx
L/G Floor Storage: 4.2 m x 9.95 m Approx
First Floor: 6 rooms, Bathroom and kitchen

INCOMING RENTAL FROM ROOMS ABOVE= £23,040 PA

TENURE
The property is available by way of an existing lease term which started in March 2011 and expires in February 2031- 17 years remaining

RENT
£26,000 Per Annum (full building)
£500.00 Per Week

LEASE PREMIUM
Offers around £75,000 (includes Business + Fixtures and Fittings)

RATES
We have been advised by the current leaseholder, they are paying £1,080.00 per annum. Interested 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 *****

VIEWINGS
Viewing by prior appointments through RH Properties.

Contact the office on 0121 7728488


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.