Property description
LOCATION
We are proud to present this lease hold opportunity located in a ideal and visible area of Oldbury on the main Langley High Street.
The premises also has a diverse selection of retail and commercial style businesses in the area like Asda Supermarket, Lloyds Bank, Londis Supermarket and High Street News. Businesses in close proximity enhances the commercial premises on offer as it attracts visitors to the area throughout the year. There are also a large amount of neighbouring residential homes which supplies an endless stream of local customers. Currently no other takeaway near by. This is a ground floor lease with a current A5 planning consent.
ACCOMMODATION
Ground floor
Front Shop Area - 300 sq...ft approx..
Rear Kitchen - 270 sq...ft approx..
Storage Room - 112 sq...ft approx..
Rear W/c- Toilet and Basin
Small Rear Yard
The property consists of:
Two Doner Machines
Canopy- Grill Machine
Two Chip Fryers
Drinks Chiller
Pizza Machine
Fridge
Central Heating
LEASE
Current lease commenced on 18th December 2012 and expires 17th December 2027. It is a full repairing and insuring lease.
RENT
£4,380 PA
£365.00 PCM
RENT REVIEW DATES
18th December 2017 and 18th December 2022
PREMIUM
Offers around £25,000
RATES
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 *****
RH Properties have not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
Viewing: For further information and viewing contact:
RH Properties
510 Stratford Road
Sparkhill
Birmingham
B11 4AH
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.
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Property Info: