Pam Estates

property for rent

 Grove Lane, Handsworth, Birmingham
£12,000 pa

Property Information

  • Available from 12 Feb 2020
  • Reference number 103343000086
  • Property Type Retail


Grove Lane, Handsworth, Birmingham

Property description

"Akash Off licence" is being offered leasehold for sale due to our clients other business commitments. The shop has clear modern signage displayed above aluminium steel framed shop front fitting. Internally being very well presented with modern shop fittings & lighting through-out. The main service counter is positioned to the front of the premises. Storage is to the rear of the property with toilet, dining room & kitchen.

Accommodation: Briefly comprising of 5 bedrooms, bathroom, lounge and a newly fitted kitchen.

Tenure: We understand the premises are held on a secure renewable lease, having approximately 8 years unexpired at a rental of £12,000 per annum, exclusive of rates for the for the next 1 year with rent review at that time and thereafter every 5 years.
Turnover £4500.00 Per Week.
Rent £12,000 per annum
Fixture & Fittings: £30,000 is being sought in respect of the existing fixtures and fittings.

Stock at valuation.

Rates: Exempt, nil payable at present after small business relief.

Each party is liable for their own legal costs on completion.

Agent fee to be paid by new tenant.

2 Parking spaces are available directly in-front of the premises.

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