Soho Road

Handsworth, Birmingham, B21 9ST

£10,000

Exterior
ExteriorTrading AreaDisplays to RearView to FrontageBasementBasement 2Cold StoreRear of ShopSoho Road EPC

Angel Estates are pleased to offer this ‘unique business opportunity’ to the open market ‘for sale’. This long established business is offering to assign it’s lease with flexible and/or renewable term options available.

Currently trading as a ‘Fruit & Veg’ shop with the flexibility of having an ‘A5’ licence in place, this prominently positioned ground floor (with additional basement below) retail premises is located on the renowned ‘A41 Gateway’ towards and away from Birmingham City centre.

These opportunities do not often become available in such an exclusive and popular trading area as this. Surely, for those of you whom have ‘a vision’, this little gem is well worth a look!!

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Location:
Property Type: Buy
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Product Description

Entrance:
From pavement, block paved frontage with electrically operated roller shutter across entrance leading into open fronted:-

Shop Trading Area: 51’8” (max) 40’0” (min, to top of stairs) x 12’9” (max) 9’4” (min, to top of stairs)
Fully tiled flooring, suspended ceiling with 17 (seventeen) florescent light fittings, shelving to both walls along length of shop premises with counter area towards front. Wall mounted alarm control panel, C.C.T.V. monitor with six camera’s. Low level partition at rea leading onto:-

Staff Kitchen: 10’3” x 5’6”
Concrete flooring, suspended ceiling with inset florescent lighting, kitchen base unit with single bowl sink, drainer, taps and water heater above. Door to side leading to ground floor ‘Fire Escape’.

From rear of shop premises, wooden staircase with hand rail to walls and florescent lighting above leading down to:-

Lower Ground Floor/Basement: 25’2” x 12’9” (max) 9’2” (min, to side of staircase)
Concrete flooring, partly tiled and partly panelled walls, two florescent light fittings, various power points and open access under stairs. Door to rear used as loading bay for shop above and provides access into yard. Door at bottom of stairs into:-

Staff Toilet: 5’4” x 2’10”
Concrete flooring, fully tiled walls, light fitting to wall, low level flush toilet, small wall mounted wash basin with water heater above. From basement (facing forward) open access into:-

Passageway: 17’7” x 3’8”
Concrete flooring, partly panelled walls to side, two florescent light fittings to ceiling and access to ‘cold store/refrigeration unit’ (to remain unless otherwise negotiated). Beyond ‘cold store’, leading onto:-

Front of Basement: 13’7” x 7’1”
Concrete floor, florescent light fitting, wall mounted electric meter and fuse board.

Rateable Value:
This Soho Road premises has a ‘Rateable Value’ of £7,800 per annum (information correct as per Valuation Office Agency website) 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 in excess £10,000 in respect of ‘goodwill’ as the business has been trading from the current location for in excess of 20 years.

Tenure:
The property will be available on flexible lease subject to a minimum term (to be confirmed) at £31,200 per annum exclusive.

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

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