Midland Housing Ltd are proud to present this lock up shop located on the main Ladypool Road of Birmingham. The shop has potential to open as a restaurant, clothing or jewellery boutique or trading office ie: money exchange, travel agent, it is a very busy road. The shop is double corner fronted and available immediately. The shop has two licences on their as A1 and A3 planning. There are many uses for this premise such as a restaurant, baguette bar, clothes store, convenience store, bakery, boutique and many more. There are parking spaces outside the shop and a rear / side access for stock in. The shop is located in a busy parade just on the main Ladypool Road,Balsall Heath. The property is approx 2500sq ft on ground and first floor; it also has storage, office, w/c, and a small kitchen to the rear. The business has excellent opportunity to progress on return. It would be ideal opportunity as a restaurant / clothes / jewellery shop / trading office which will have a regular customer base. The property comes with a spacious first floor open plan room which is included in the rental price.  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

• Lock Up Shop

• Sizes approx 2500 sq ft

• Two Floors

• Located on busy parade 

• Prime Spot on Ladypool Road

• Corner Fronted

• A1 and A3 Licenses already in place

 

Key Features

• Ground floor and First Floor shop

• Brand Newly Refurbished Throughout

• New Electrics / New Tiling’s

• Premium - £95,000 (Negotiable)

• 10 Year Lease Remaining (Renewable)

• Great Potential

• Double 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 End-Terraced building leading onto a local park.

 

Rents and Rates

Rental Price is £45,000 PA

Rates Negoatiable

 

Planning

The property is considered suitable for A1 or A3. 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. 

 

Previous use

This shop was previously used as Home Interior Design and prior to this as an Asian Bridal Clothes.

 

Viewings

Available immediately upon request – call now on 0121 773 5500