Property description
Midland Housing Ltd are proud to present this successfully running dessert parlour situated on the main Ladypool Road of Birmingham. The business approximately has a weekly turnover of £2000 during the summer period and approximately £1500 during winter periods. The parlour has the potential to become a takeaway /baguette bar as it is on a very busy road. The shop is extremely roomy, refurbished and available immediately. The shop currently has an A1 licence planning, there are many uses for this premises such as a baguette bar, convenience store, bakery, boutique and many more. There are parking spaces outside the shop, and the shop is located in a busy parade on the main Ladypool Road, Balsall Heath. The property is approx 500sq ft if not larger and has a w/c, and a small kitchen. The business has excellent opportunity to progress on return. It would be ideal opportunity as a baguette bar / convenience store which will have a regular customer base. There are a few famous restaurants and many stores nearby too. To arrange a viewing contact a member of staff on 0121 773 5500!!
Commercial Information
• Successfully Running Dessert Parlour
• Sizes approx 500 sq ft
• Located on busy parade
• Massive scope for increased profits
• Business rates relief applicable
• A1 already in place
Key Features
• Ground floor shop
• Parking available on the street directly outside
• Flexible lease terms available
• Has a Kitchen and W.C
• Great Potential
• Refurbished
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 End-Terraced building leading onto a local park.
Rents and Rates
Price is £1085PCM for shop only
£30000 goodwill (negotiable)
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 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
Property Features :
- Successfully Running Business
- Commerical Business
- 19 Years Remianing on Lease
- A3 Liecense
- Opening Hours 3pm-12am
- Refurbished / Modernised
- Viewings Highly Reccommended
- Approx £2000 weekly turnover