Midland Housing Ltd are proud to present this shop located on Ladypool Road in Birmingham. The shop has potential to open as a  restaurant on ground and first floor. The shop is single fronted and available immediately. The shop can be sold as a running asian clothes business or a restaurant with A3 consent and therefore requires only a premium. The shop currently has a first floor flat which can be converted or remain as a one bedroom flat with two rooms; which can achieve upto £425PCM. There is parking spaces located to the rear shop. The shop is located in a very busy parade with lots of potential. The property is approx 600 sq ft and has storage, w/c, and an vehicle entrance to the rear. The business has excellent opportunity to progress on return. It would be ideal opportunity as shop all set up with a regular customer base. The property is based within the famous balti triangle and also has many asian orientated clothes stores. To arrange a viewing contact a member of staff on 0121 773 5500!!!

 

Commercial Information

• Business for Sale – Clothes Boutique

• Sizes approx 600 sq ft

• Located on busy parade 

• Massive scope for increased profits

• Business rates relief applicable

• A1 and A3 already in place

 

Key Features

• Ground floor shop

• 1 Bedroom flat (two rooms) above to rent

• Parking available on the street directly outside

• Flexible lease terms available 

• Also has a Kitchen, W.C and a storage room

• Great Potential

• Single Front

 

Location

The property is situated on the Ladypool Road, Balsall Heath in a mixed business and residential location approached from the main Stratford Road (A34), Alcester Road South/Moseley Road (A435), which is easily accessible from M6, M5 and M42 on the motorway. It is located south to the Birmingham City Centre in an established location upon the all famous Balti Triangle. It is placed ideally for all communications in the local area. There are a lot of local businesses and residential homes within walking distance proving to be an excellent location for passing by trade as well as a great potential to be the local convenience store. It is located on the main Ladypool Road and is a mid-terraced building leading onto a local park.

 

Rents and Rates

Price is £1300PCM with 1 Bedroom Flat

 

 

Planning

The property is considered suitable for A1. All interested parties are to make their own specific enquiries directly with the Local Planning Authority as to their intended use.

There is a great deal of potential in the property and can be used for many trades. The previous business was a Book shop which had excellent displays in the fantastic window space given. There is a massive scope for increased profits by opening as a boutique, trading office or jewellery store – these options match the current business. You can also use the premises as a convenience store, off licence, take away or bakery.

 

Tenure

The accommodation is available either on the remaining 6 year lease or by way of a new lease on flexible terms

The Landlord may consider the following: 

1) A periodic tenancy subject to six months notice by either party, or 

2) A Tenancy for a term of three years less one day, or 

3) A five-year lease. 

 

Viewings

Available immediately upon request – call now on 0121 773 5500