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128 Alcester Rd
Restaurant Available To Let (4 Separate Units in Total)
LettingsRestaurant Available To Let (4 Separate Units in Total)
 York Road, Kings Heath, B14
£2,800 pcm

Property Information

  • Available from 18 May 2023
  • Reference number profectus_529824144
  • Property Type Commercial

Location

York Road, Kings Heath, B14

Property description

Profectus Estates are proud to present this two floor commercial property, with a fully fitted restaurant spanning across two separate buildings that were converted for extra seating space and two sub-leased offices on the top floor. The commercial retail is an Indian Restaurant with a very established customer base. It is located on the increasingly very popular York Road which will see benefit from high footfall in addition to the existing long term repeat custom who come to enjoy the many restaurants, cafes and well-known pubs the road has to offer. The property has electric shutters on the outside, double shop front, 110 seating area, kitchen, storage/office area and W.C. for customers.


The rent of £2,800 technically covers 4 separate units. The restaurant occupies two separate buildings, which can be re-converted back or used as two separate trades if necessary. The two offices upstairs are both occupied and generate an income of £15,000 per annum.  

Lease Price: Offers around £60,000 ONO (Inc. Goodwill, Fixtures & Fittings). However this can be negotiated. 

17 Years Remaining on the Lease. 


Deposit amount  :   £3,230.75

Property additional info

Location

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