GROUND FLOOR PREMISES – 6000 sq ft., KINGS HEATH
£60,000 per annum (exclusive of rates)
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.Download PDF
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.
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:
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
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.
£60,000 pa (exclusive of rates).
The owners will consider offers in excess of £1.3m for the Freehold Interest of the whole building.
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.
Please click on the following links:
Ground Floor internal –
By arrangement with AMT Commercial on 01527 821 111