25-29 Alcester Road South, Birmingham
£216.67 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
6,000 sq ft
557 sq m
- SECTOR
Hospitality facility for sale
- USE CLASSUse class orders: Sui Generis
sui_generis_3
Key features
- The property is close to the junction with Drayton Road and occupiers including Sainsburys, Coffee#1, Halifax, Boots Opticians, Lloyds Bank etc.
- The property is suitable for many uses including bar, restaurant, retail etc -subject to any planning and licence requirements.
- The premises have good loading facilities at the side, together with limited car parking, approached via Drayton Road.
Description
The premises are situated within the heart of the popular Birmingham suburb of Kings Heath. The property is close to the junction with Drayton Road and occupiers including Sainsburys, Coffee#1, Halifax, Boots Opticians, Lloyds Bank etc.
ACCOMMODATION
This large ground floor property is suitable for many uses including bar, restaurant, retail etc -subject to any planning and licence requirements.
The premises have good loading facilities at the side, together with limited car parking, approached via Drayton Road.
Approximate internal dimensions and areas are detailed below:
GROUND FLOOR
INTERNAL WIDTH (FRONT) 48' 6" 14.8 m
TOTAL DEPTH 125' 0" 38 m
GROSS GROUND FLOOR AREA (approx.) 6000 sq ft 557 sq m
LEASE
The property is available by way of a new fully repairing and insuring lease for a term of years to be agreed upon in multiples of 5 years.
RENTAL
£60,000 pa (exclusive of rates).
FREEHOLD
The owners will consider offers in excess of £1.3m for the Freehold Interest
RATING ASSESSMENT
We are advised that the rating assessment is as follows:
Rateable Value: £95,000. This will need to be re-assessed to be in respect of the Ground Floor only. Please contact the Local Authority for further information.
ENERGY PERFORMANCE CERTIFICATE
The property has a rating of 48 (Band B). A copy of the certificate is available upon request.
LEGAL COSTS & VAT
Each party is to be responsible for their own legal costs incurred in this transaction. We understand that VAT is not payable on the rental/purchase price, however, interested parties are advised to make their own enquiries.
Brochures
25-29 Alcester Road South, Birmingham
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Bournville Station1.4 miles
- Yardley Wood Station1.8 miles
- Selly Oak Station1.9 miles
About AMT Commercial, Worcestershire
Clarendon House 14 St. Andrews Street, Droitwich, WR9 8DY
Based in the Midlands, AMT Commercial offers a bespoke property service to landlords, occupiers and investors on all aspects of retail property throughout the UK.
AMT Commercial was established by Andrew Thompson BSc, FRICS who has extensive knowledge and experience in the property industry, joining the profession in 1978.
Andrew previously owned Andrew Thompson and Co. which was established in 1986 and traded until 2015 when it was sold to one of the leading Worcestershire Agents
Notes
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