To let

Guide price £1,166.67
Per Month
ref:2214


9-11, College Road, Birmingham, B20

No EPC chart found

Description

Virdee Estates are proud to present for sale the lease of Sall’s News & Off Licence. Comprising of a ground floor retail unit offering approx. 1100 sq. Ft. Of retail and storage space. A long standing family run business, now offered for sale, situated in a busy location.

Virdee Estates are proud to present for sale the lease of Sall’s News & Off Licence. Comprising of a ground floor retail unit offering approx. 1100 sq. Ft. Of retail and storage space. A long standing family run business, now offered for sale, situated in a busy location.

 

 

Trading information

We are advised that the shop is currently taking £8,000 per week. This is a well-established family run business with a regular customer base and has additional Payzone transactions of between £2,000 - £3,000 per week & lottery transactions of £800 per week.
Accounting information will be made available to interested parties who have formally viewed.


Tenure

A new Fri lease is available on flexible terms with a quoting rent of £14,000 per annum.


Purchase price

Offers in the region of £110,000 plus sav are sought for the business, subject to contract.


Location

Handsworth is an inner city area of North West Birmingham lying just outside the city centre.
The property itself is located in a densely populated residential area amongst a cluster of other retail units including a post office, bookmakers and take away restaurants.


Trading hours

Sunday – Thursday 8am – 10pm
Friday & Saturday 8am – 11pm


VAT

All prices and figures quoted are exclusive of any VAT that may be applicable.


Business rates

We have been advised that the rating assessment from April 1st 2017 is:
Rateable value: £15,000
We recommend that interested parties should make their own enquiries with the local authority.

 

General

Interested parties are required to pay the landlords legal costs, TBC.

 Agency fee of £500 plus VAT.

 

Viewings
Strictly via Virdee Estates
 

THINKING OF SELLING OR LETTING YOUR HOME

Virdee Estates would be delighted to carry out a FREE market appraisal of your property.

CALL NOW ON 0121 554 0330


fees apply

Features

Shops and amenities nearby, Close to public transport