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77-79 Alcester Rd S 1,460 SF of Retail Space Available in Birmingham B14 7JG
HIGHLIGHTS
- Double fronted corner property
- Two car parking spaces.
- Benefit of rear loading
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 1,460 SF | Negotiable | $33.79 CAD/SF/YR $2.82 CAD/SF/MO $49,340 CAD/YR $4,112 CAD/MO | Fully Repairing & Insuring |
Ground
Midland Housing Ltd are very proud to present this excellent business opportunity located in the highly populated location of Alcester Road South, Kings Heath. This was previously used as a restaurant and takeaway. The shop will be given as it is. The ground floor shop is approx 1460 sq ft and has a great deal of amenities due to its prime location. It would be ideal opportunity as is located within the Kings Heath area and outside bus routes as well as many High Street brands and stores nearby too. To arrange a viewing contact a member of staff on[use Contact Agent Button]! LOCATION:The premises are situated within the popular Birmingham suburb of Kings Heath on Alcester Road South. The property is close to Sports Direct Gym, Sainsbury’s etc.ACCOMMODATION:The premises comprise a double fronted corner property having the benefit of rear loading and two car parking spaces.Approximate internal dimensions are listed below:GROUND FLOORGROSS GROUND FLOOR AREA 1460 sq ft 136 sq mPLANNING:We have been informed the premises has consent for a restaurant but not a takeaway. LEASE:The property is available upon a new lease for a term of years to be agreed upon in multiples of 5 years.RENTAL:£24,000 pa (exclusive of rates)Upon completion of the first year, rent will be increased to £27,000pa.Upon completion of the second year, rent will be increased to £30,000pa.GOODWILL:£20000 - Open to negotiation*EPC RATING: B*
- Use Class: E
- Partially Built-Out as a Fast Food Restaurant
- High Ceilings
- Secure Storage
- Automatic Blinds
- Roller Shutter
- Excellent Natural Light
- Large Seating Area
Service Types
The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing broker for a full understanding of any associated costs or additional expenses for each service type.
1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.
2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.
3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.
4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.
PROPERTY FACTS
| Total Space Available | 1,460 SF | Gross Leasable Area | 2,920 SF |
| Property Type | Retail | Year Built | 1990 |
| Property Subtype | Storefront Retail/Residential | Parking Ratio | 0.68/1,000 SF |
| Total Space Available | 1,460 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 2,920 SF |
| Year Built | 1990 |
| Parking Ratio | 0.68/1,000 SF |
ABOUT THE PROPERTY
The premises are situated within the popular Birmingham suburb of Kings Heath on Alcester Road South. The property is close to Sports Direct Gym, Sainsbury’s etc.
- Energy Performance Rating - B
NEARBY MAJOR RETAILERS
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77-79 Alcester Rd S
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