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COMMERCIAL

Lewisham Road, Smethwick

Fixed Price
£20,000
Henley Charles, Handsworth
PROPERTY TYPE

Commercial Property

SIZE

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Key features

  • LEASE FOR SALE
  • 2 Business running concern
  • Corner location in a popular location
  • current rental income around 18k annum

Description

An excellent opportunity to acquire the lease of two established businesses operating from adjoining commercial premises. Please note, this is a sale of the lease and not the freehold or property itself.

The premises currently comprise two well-established businesses: a barber shop, which has been successfully trading for a number of years and benefits from a consistent rental income, and a dessert shop, which has built up a strong customer base and established a good local reputation.

The existing lease is currently approaching renewal, offering an incoming purchaser the opportunity to renegotiate the terms prior to entering into a new 10-year lease covering both shops. The new lease terms will be agreed between the relevant parties before the sale is completed.

This is an attractive opportunity to acquire the lease of two established trading businesses, both benefiting from an existing customer base and a proven trading history.

Lewisham Road, Smethwick

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • The Hawthorns Tram Stop0.3 miles
  • Smethwick Rolfe Street Station0.4 miles
  • Smethwick Galton Bridge Tram Stop0.6 miles

About Henley Charles, Handsworth

306 Rookery Road, Handsworth, Birmingham, B21 9QG
Industry affiliations:Industry affiliation logo 0Industry affiliation logo 1Industry affiliation logo 2

Moving is a busy and exciting time and we're here to make sure the experience goes as smoothly as possible by giving you all the help you need under one roof.

Henley Charles has always used computer and internet technology, but the company's biggest strength is the genuinely warm, friendly and professional approach that we offer all of our clients.

Notes

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Disclaimer - Property reference 100592010161. 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 Henley Charles, Handsworth. 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.