Two Floor Restaurant To Let

Ladypool Road, Sparkbrook, B12

Available / For Let

£2,500 pcm

Property Information

Available from 08 Aug 2022
Reference number profectus_600011097
Property Type Restaurant

Property Description

Profectus Estates are proud to present this three floor commercial property, with a fully fitted restaurant spanning two floors and a three bedroom flat on the top floor. The commercial retail is a Turkish Restaurant which is one of the originals in the city with a very established customer base. It is located on the busy stretch of Ladypool Road which will see benefit from high footfall in addition to the existing long term repeat custom. The property has electric shutters on the outside, double shop front, 110 seating area, kitchen, storage/office area and W.C. for customers.

There are 4 Seperate Letting Bedrooms, with their own Kitchen, Bathroom and Toilet, with an income of £900.00pcm.

Rent: The property is available at a rent of £30,000 per annum, subject to contract. Terms to be agreed.
Rent: £7,500.00 (to be paid quarterly in advance)

Deposit: Equal to 3 Months Rent
Repair obligations: Full Repairing and Insuring Terms.
Lease Price: Offers around £150,000 ONO (Inc. Goodwill, Fixtures & Fittings)

Deposit amount : £2,884.60

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