No longer on the market
This property is no longer on the market
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MapRestaurant
Restaurant
699 sq ft / 65 sq m
Features and description
- Tenure: Leasehold (8 years remaining)
Simple Estates are delighted to offer this well-established business for sale in Handsworth. Situated within a prominent and highly visible trading position on Grove Lane and approximately 3 miles from the thriving Birmingham City Centre and walking distance to Soho Road,Handsworth Park & Local schools. Our client has invested in equipment along with fixtures and fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. EQUIPMENT: A comprehensive trade inventory includes an 'AA' Catering' 2 pan counter range, computerised till, salad display unit, commercial microwave, 3 kebab machines, drinks fridge, freezer, stainless steel preparation table, business utensils plus more. (The above items have not been tested). We are informed that takings presently are in the region of £5,000 per week.
OIRO - £85,000 BUSINESS
RENT- £834pcm
LEASE TERM - 8 YEARS/ GROUND FLOOR ONLY
700sqft floor area with fixtures & fittings
Tenure/Rent
The property is available by way of a lease assignment. A premium of £85,000 is sought in respect of the fixtures and fittings.
Business Rates
Currently Small business rate relief applies. Interested parties are advised to make their own enquiries to Birmingham City Council on.
VAT
We understand that the property is not elected for VAT.
Legal Costs
Each party to be responsible for their own legal costs incurred during this transaction.
Viewing
Strictly by prior appointment with sole agents, Simple Estates.
Monday
12-2 pm
4:30-9 pm
Tuesday
12-2 pm
4:30-9 pm
Wednesday
12-2 pm
4:30-9 pm
Thursday
12-2 pm
4:30-9 pm
Friday
12-2 pm
4:30-10 pm
Saturday
4:30-9 pm
Sunday
Closed
LOCATION IS IDEAL TO DEVELOP LATE NIGHT TRADING HOURS
Tenure: Leasehold (8 years)
OIRO - £85,000 BUSINESS
RENT- £834pcm
LEASE TERM - 8 YEARS/ GROUND FLOOR ONLY
700sqft floor area with fixtures & fittings
Tenure/Rent
The property is available by way of a lease assignment. A premium of £85,000 is sought in respect of the fixtures and fittings.
Business Rates
Currently Small business rate relief applies. Interested parties are advised to make their own enquiries to Birmingham City Council on.
VAT
We understand that the property is not elected for VAT.
Legal Costs
Each party to be responsible for their own legal costs incurred during this transaction.
Viewing
Strictly by prior appointment with sole agents, Simple Estates.
Monday
12-2 pm
4:30-9 pm
Tuesday
12-2 pm
4:30-9 pm
Wednesday
12-2 pm
4:30-9 pm
Thursday
12-2 pm
4:30-9 pm
Friday
12-2 pm
4:30-10 pm
Saturday
4:30-9 pm
Sunday
Closed
LOCATION IS IDEAL TO DEVELOP LATE NIGHT TRADING HOURS
Tenure: Leasehold (8 years)
Property information from this agent
About this agent
We are a sales and lettings agent covering Birmingham City Centre, Perry Barr, Great Barr, Aston, Nechells, Handsworth, Erdington, Lozells, Jewellery Quarters, Ward End, Washwood Heath and Digbeth. As a company we thrive on making our clients happy whether your a seller , buyer , landlord or tenant. Our experienced and friendly staff have extensive local knowledge ensuring that we provide a proactive service. The main objective is to make our service transparent and simple for our users without complicated jargon whilst maintining high level of professionalism. In order to achieve this we have taken innovative approach using the latest technology in combination with our attention to detail, conscientious attitude, experience, resouces and skills to deliver the kind of services that our clients require. We are a forward looking business based on traditional values,we always strive to be at the forefront of the property market. Fully accredited and up to date with ever changing tenancy law and government legislation. Details of some of the properties currently on our books can be found on this website, together with essential information for all clients and a description of our services. If you require any further information or advice please do not hesitate to contact us. We look forward to hearing from you.