Soho Road

Handsworth, Birmingham, B21 9ST

£66,000

Exterior
ExteriorExterior 2Counter AreaInternal DisplaysView to RearView to FrontUnused to FrontUnused to RearUpper Floor Rear 2Upper Floor at RearStaff KitchenSoho Road EPC

Angel Estates – ‘Your Housing Guardians’ are pleased to present this unique commercial property to the ‘open market’ for sale of/assignment of exsisting lease.

The property is located on the main gateway (A41) into Birmingham City Centre, benefits from a high footfall throughtout the day and the excisting tenants currently trade as a convinience/grocery store selling a variety of diverse foods and beverages.

This established family run business is looking to assign the excisting lease term and can offer the exsisting customer base, stock, fixtures and fittings all together as one package (subject to negotiation).

The premises clearly contains unlocked potential for someone with vision and not adverse to hard work, so why not arrange a viewing to see for yourself??

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Location:
Property Type: Buy
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Product Description

Entrance:
From pavement, blocked paved frontage with manually operated shutters across both open entrances, single leaf glazed door and windows to corner leading into:-

Ground Floor Trading Area: 58’0” (max) 18’1” (min) x 28’8” (max) 12’9” (min)
Wooden effect flooring throughout, suspended ceiling with air conditioning unit and multiple florescent light fittings. Fixed wall mounted shelving, central aisle display units, fridge/freezer section and customer service counter to front selling confectionary items, cigarette kiosk and bill payment terminal. At pavement level, several open display stalls of fresh produce to entice passers-by!!

To rear far right-hand side, steps leading up to:-

Upper Tier (Additional Rear Floor Space): 35’7” (max) 26’6” (min, top of stairs) x 22’3” (max) 14’7” (min)
Wooden effect flooring, glass panel at side of steps, suspended ceiling with air conditioning system and multiple florescent light fittings, panelled walls and central island/workspace desk.

Partitioning on left-hand of trading area leads into:-

Additional Trading Area (currently unused): 37’9” (max, into recess) 34’7” (min) x 13’6” (max) 13’3” (min)
Wooden effect flooring throughout, fixed shelving to wall, suspended ceiling with air conditioning system and multiple florescent light fittings. To rear of stock room, door into:-

Partitioned Office Space: 6’4” x 5’8”
Partly glazed office cubicle, carpet tiled flooring, shelving to walls and florescent light fitting to ceiling.

Door at rear with steps leading to staircase and onto first floor landing, light fitting over stairs and beyond to:-

Staff Kitchen/Rest Room: 13’6” (max) 9’9” (min) x 8’4” (max) 7’9” (min)
Partly carpeted and part vinyl flooring, florescent light fitting to ceiling, coat rail to wall, kitchen base unit with single bowl sink, drainer and tap with water heater above. Door to side leading into:-

Staff Toilet: 6’5” x 3’4”
Vinyl flooring, light fitting to ceiling, double glazed window to rear elevation, pedestal wash basin and low level flush toilet.

Access gained from Waverhill Road (to side of building) leading down on left hand side into:-

Garage/Loading Bay: 35’8” (max) 19’4” (min) x 22’2” (max) 17’8” (min)
Electrically operated roller shutter across access point, concrete flooring, suspending ceiling with air conditioning unit, multiple florescent light fittings and access to rear of shop trading area (unused by current tenants).

Rateable Value:
This Soho Road premises has a current ‘Rateable Value’ of £16,000 per annum (information correct as per Valuation Office Agency website for 2016/2017) and falls under the jurisdiction of Birmingham City Council for business rates.

Goodwill Premium:
Please note that the Vendor is looking for a payment of £66,000 in respect of ‘goodwill’ for this fully trading, profitable business venture.

Tenure:
The properties lease is available subject minimum terms at £37,200 per annum/£715 per week exclusive.

Services:
All mains electricity and water are connected; none of these services have been tested during our inspection.

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