Stoney Lane, Birmingham, B25
    £30,000 pa
    Location
    Yardley, an area situated approximately 5 miles from Birmingham City Centre. The area benefits from a large residential population.
    The subject property is situated within a prominant position along the A4040 Stoney Lane and in close proximity to retailers in the form of Kfc, Subway, Iceland Foods and a variety of Fast food and Takeaways.

    Description
    The property comprises of a two storey building with ground floor restaurant area together with w/c and kitchen.On the first floor there is bar, seating area, male and female toilets. The property has been trading as a restaurant since 1979. The property also has a license to sell alcohol.

    Accommodation
    Ground Floor Restaurant and Kitchen Area:
    internal width: 4.60 m Approx.
    Internal Length: 17.64m Approx.
    Total: 873 sq ft Approx.
    Total: 64 sq m Approx.

    First Floor Seating and Bar Area:
    internal width: 4.60 m Approx.
    Internal Length: 14 m Approx.
    Total: 693 sq ft Approx.
    Total: 64 sq m Approx.

    Fitting and fixtures:
    Restaurant:
    Seating for up to 50 people, Purpose made Drinks bar, Rear Cutlery Area, Rear Fire Escape, Wooden shop floor, Air Con, Cctv Cameras and male and female toilets.
    Kitchen:
    14 Ring cooker, Canopy, Double Sink, Prep tables, Fryers, Tandoor, Various fridges (4 large fridge) Tiled flooring
    First Floor:
    Separate bar with wash basin, Seating for up to 50 people, Air Con, Carpet Flooring, Drinks Fridge and male and female toilets.

    Current usage:
    The premises currently holds an A5 planning consent

    Services:
    Electricity, Gas and water service are available. The lessee shall make their own arrangements for the provision of any services required and pay all costs or charges in connection therewith direct to the relevant supply authority.

    Lease:
    The whole property will be offered on a 15 years renewable lease (Full Repairing and Insuring lease)

    Lease Premium:
    Offered around £185,000 ONO

    Rent:
    £30,000 Per Annum

    Rateable value:
    Parties should verify this information with the local rating authority

    Costs:
    The in-going tenant will be responsible for the payment of the landlord's legal costs, building insurance and agent administration fees.
    ***** Upon taking occupancy a three months advanced rent and three months deposit will be required *****

    Viewing: For further information and viewing contact:
    RH Properties
    510 Stratford Road
    Sparkhill
    Birmingham
    B11 4AH
    Tel: 0121 772 8488

    1. MONEY LAUNDERING REGULATIONS Intending purchaser will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
    2. These particulars do not constitute part or all of an offer or contract.
    3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
    4. Potential buyers are advised to recheck the measurements before committing to any expense.
    5. R.H. Properties have not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interest to check the working condition of any appliances.
    6. R.H. Properties has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
    Reference: CL0411
    Whilst every effort is made to ensure the accuracy of these details, it should be noted that the measurements are approximate only. Floorplans are for representation purposes only and prepared according to the RICS Code of Measuring Practice by our floorplan provider. Therefore, the layout of doors, windows and rooms are approximate and should be regarded as such by any prospective tenant.
     
    48,49

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