Property description

Location: This superb leasehold opportunity has an ideal and visible location on the main Ladypool Road, Balsall Heath Birmingham. The premises location also has a diverse selection of retail and commercial style businesses in the area like Pepe's , Dawat Restaurant, Lahores Restaurant. 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 neighboring residential homes which supplies an endless stream of local customers.

Premises: Currently trading as Plaza Restaurant which has been established for over 29 years serving Indian cuisine.
The premises spreads over two units and 2 floors and is a fully furnished restaurant which includes all fixtures and fitting.

Ground Floor Restaurant : Size - 24ft x 50 ft Approx

- Aluminium double shop front with electric roller shutters
- Ceiling Spot Lights
- fully air conditioned
- Male & Female and Staff W/C
- Reception counter
-Currently holds 70 seats which include tables and chairs (Can be increased)
-Kitchen - Built in Cold Room - 6 x 8 Approx
- 8 Ring Stainless Steel Gas Cooker
- Triple Deep Sink
- Double Stainless Steel Fridge Freezer
- Ice Maker
- Double Grill
- Stainless Steel Extractor Canopy
- Large Stainless Steel Tables
- Other Machinery Available Also Available

- Glass Stair Case going to first floor
- Food Lift going to first floor

1st Floor Function Room : 24 x 12 Approx

Purpose Built function room which can be used for private parties or bookings
Features -
- Laminate Floors
- Spot Lights
- Air Conditioning
- Food Lift
- W/C & Shower Room

2nd Floor :

Storage Rooms

Current Usage: The premises currently hold a 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 15 years renewable lease (Full Repairing and Insuring lease)

Lease Premium: Offered around £45,000

Rent: £30,000 Per Annum

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:

Regal Homes
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.