Property Information
Address:
1766 Coventry Road, Yardley, Birmingham, West Midlands
, B26 1PB
, West Midlands
, United Kingdom
Price: Property no longer available.
Size: 814 sq ft75 sqm
Primary Category: Shop
All Categories:
Leisure, Shop,
Property Ref/Movehut: MH508872
Property Ref/Agent: 1766 Coventry Road, Yardley, Birmingham, B26 1PB
*Please use the agent ref when calling the agent directly.
Property description
LOCATION :
Situated opposite McDonalds & Peachey Keens World Buffet Restaurant, about five miles east of the City Centre, Yardley is a popular residential suburb linked to the city via the A45 Birmingham / Coventry Road and the main shopping facilities are nearby at either the Swan Island Tesco led scheme or in nearby Sheldon.
DESCRIPTION :
Comprising an end-terraced shop with self contained two bedroom upvc double glazed and centrally heated flat above. In local parade with Lloyds Pharmacy adjacent to Toolman Yardley.
There is a shared rear vehicular right of way to the rear. The parade is set behind a service road providing customer kerbside parking which is unrestricted.
ACCOMMODATION :
Shop : Tiled floor and walls, suspended tiled ceiling with full width and three quarter height aluminium display shop front, through to :-
Prep Area ; Tiled floor and walls, through to :
Kitchen : tiled walls and floor, with base units access to rear Wc
Peeling Area : Tiled floor and walls, well drained floor, strip lighting
Toilet : low flush suite, wash hand basin tiled floor and walls
Small Store : tiled floor and walls. Outside to rear yard and up external staircase to :
First floor Flat : being refurbished, centrally heated and upvc double glazed, good plaster finish.
Hallway ; radiator
Bathroom : radiator, panelled bath with shower over, radiator, low flush Wc plus wash hand basin.
Kitchenette : radiator, base units with wall cupboards and sink unit. Electric cooker.
Lounge : radiator, gas fired combination boiler
Bedroom 1 ( front ) : a double room with radiator :-
Bedroom 2 ( front ) : single room with radiator :
The premises have been measured in accordance with the RICS Code of Measuring Practice and calculated to provide the following net internal floor areas :
Shop : 6.1m x 4.1m 269 Sq Ft 25.01 Sq m
Prep Area : 6.1m x 3.7m 242 Sq Ft 22.57 Sq m
Kitchen : 2.7m x 3.7m 107 Sq Ft 9.99 Sq m
Peeling Room : 6.3m x 2.9m 196 Sq Ft 18.27 Sq m
Store & Wc : ? ?
Total floor net floor area 814 Sq Ft 75.84 Sq m
First Floor Flat :
Hallway/Bathroom :
Kitchenette : 1.7m min x 2.7m max
Lounge : 3.6m x 4.2m
Bedroom 1 : 3.5m x 3.9m
Bedroom 2 : 2.4m x 2.9m
RATING : Shop 2010 RV ? 7,700
General Rates Payable 2016-7 are ? 3,796.10 pa but if Small Business Rates relief is applicable then possibly no business rates are currently due.
COUNCIL TAX :
Flat Band 'A'
BUSINESS :
long established but in need of an owner manager to improve the quality of the existing business. Full details available to bona fida purchasers and 'trial & tuition' is offered.
FIXTURES :
all trade fixtures are included and will be listed on an agreed inventory.
TENURE :
Offered on a new 15 year FR&I lease at ?15,000 pa with upward only reviews, geared to RPI increases every five years with the ingoing lessee responsible for all the reasonable legal costs involved.
If flat is let off, at around ?450 pcm plus a ?50 pcm contribution towards utility costs which are run from the shop the income will be included all set out in an Assured Shorthold Agreement. Otherwise the ingoing lessee may sub-let the flat.
PRICE : Offers around ?25,000 will be considered for the business plus fixtures and lease.
Offers on a freehold basis will be considered around ?225,000 to include the business.
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