Restaurant for sale

127-129 Ladypool Road, Balsall Heath, Birmingham, B12 8LH

Offers in Region of 3,844 sq. ft. | £975,000

Property Description

Commercial information

  • 3,844 sq ft (357 sq m)
  • Use class orders: A3 Restaurants and Cafes

Key features

  • PROMINENT LOCATION
  • SELF-CONTAINED
  • MAIN ROAD FRONTAGE
  • FULLY REFURBISHED
  • HOT/COLD AIR CONDITIONING
  • SEPARATE WC'S ON BOTH FLOORS
  • OPEN PLAN SEATING AREA
  • SOLID WOOD FLOORING
  • ALARM SYSTEMS
  • EXTRACTOR SYSTEMS

Full description

Tenure: Freehold

Location
The property is located on the prominent Ladypool Road, just off Highgate Road A4167 and within close proximity of Stratford Road A34. The premises are within easy reach of local amenities and local independent businesses. Ladypool Road benefits from regular public transport to and from Birmingham City Centre which is located less than 2 miles away.

Description
The property is a three-storey brick built construction which comprises of ground floor open plan seating area, food preparation work area of stainless steel and LCD menu displays. First floor provides further accommodation with solid wood flooring, fitted commercial kitchen and walk-in refrigerator including extraction system to ground and first floor kitchens. Separate W/Cs is incorporated on ground and first floors. Second floor provides office area, large storage room, laminate wood flooring. The property benefits from hot/cold air conditioning and double glazing over all floors and intruder interlock alarm systems.

Planning
We have been informed by the landlord that planning permission has been granted for A3 use. This makes it suitable for a variety of retail uses.

Please refer any queries to Birmingham City Council Planning Department on 0121 303 1115.

Services
We are advised all main services are connected.

Energy Performance Certificates
Details available upon request.

Tenure
The property is available at a rent of 80,000 per annum on a FRI basis, subject to contract. A premium of 300,000 is being sought in respect of the existing fixtures & fittings. Further details upon request.

Alternatively, the Freehold interest is available with offers in the region of 975,000.

Business Rates
The property is currently listed within the 2010 rating listing as having a rateable value of 11,000. Rates payable will be in the region of 5,423 per annum.

Interested parties are advised to make their own enquiries to Birmingham City Council on 0121 303 5511.

VAT
The property is not elected for VAT.

Viewing
Strictly by prior appointment with the sole agents,
Mason Young Property Consultants.

More information from this agent

Nearest stations

  • Small Heath (0.9 mi)
  • Bordesley (1.0 mi)
  • Birmingham Moor Street (1.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Mason Young Property Consultants, Birmingham

6 Warstone Mews, Warstone Lane, Hockley, Birmingham, B18 6JB

0121 396 0850 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Small Heath (0.9 mi)
  • Bordesley (1.0 mi)
  • Birmingham Moor Street (1.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Mason Young Property Consultants, Birmingham

6 Warstone Mews, Warstone Lane, Hockley, Birmingham, B18 6JB

0121 396 0850 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference MYRET022. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Mason Young Property Consultants, Birmingham . Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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