Property description

RH Properties are proud to offer this unique and rare opportunity to own a successful off licence and food store on Alcester Road, Maypole in Birmingham.

LOCATION
The ground floor property is situated within a well-established local parade of similar properties, fronting the main A435 Alcester Road. The benefits from a good immediate catchment area for trade combined with a high level of potential passing trade.

DESCRIPTION
The ground floor premises consist of retail shop floor, rear small kitchen area with sink, rear stock room and rear w/c. the property also benefits from:
CCTV throughout
Suspended ceiling
Aluminium shop front

EQUIPMENT
Cigarette cabinet
Drinks fridge
Various Fridges and Freezers
Food shelving throughout
Cash point machine - £300.00 per month commission
opening times 6am to 11pm 7 days a week

STOCK
Stock value approx. £25,000
Stock includes alcohol, cigarettes and food

TAKINGS
Current taking for the property are £9,000

ACCOMMODATION
Shop Area: 6m wide x 20m long Approx
Total: 1292 sq ft. Approx
Total: 120 sq m Approx

TENURE
The property is available by way of a current lease for three years. The lease can be extended for terms to be agreed.

RENT
£200.00 per week

LEASE PREMIUM
£75,000 lease premium ono. Includes all fixtures and equipment.

USE
The property benefits from an existing A1 and A2 consent

RATES
TBA. 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, and agent administration fee.

***** Upon taking occupancy a three months advanced rent and three months deposit will be required *****

VIEWINGS
All viewing by prior appointment through the sole retained agent RH Properties. Contact R.H Properties on 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.