This property is no longer on the market
Restaurant
Property description & features
- AVAILABLE IMMEDIATELY
- GROUND FLOOR RETAIL TO LET
- WITH FIRST FLOOR STORAGE AREA
- GROUND FLOOR UNIT APPROX.: 784 SQ FT
- HIGH STREET RIGHT IN THE HEART OF HALESOWEN TOWN CENTRE
- CENTRAL TO RESIDENCIES, LOCAL BUSINESSES AND EDUCATIONAL FACILITIES
- FLEXIBLE TERMS AVAILABLE
- CURRENT RENT - £14,000 + VAT
- TENURE: LEASEHOLD
LOCATION
Soul Estates are pleased to present this opportunity to purchase a newly refurbished Pizza Legend. The property is located on the high street in the heart of Halesowen town centre. Halesowen is a large market town which is around 9 miles from Birmingham city centre and 6 miles from Dudley town centre. Other retail occupiers within the parade include Banks, other food establishments, off-license, pubs and other local businesses.
DESCRIPTION
The property comprises a self-contained ground-floor retail unit and a first-floor storage area. The ground floor comprises of seating area to the front, with a cooking, and preparation area in the middle, and to the rear cleaning are large walk-in freezer and a WC.
TENURE
We are advised that the business is being sold on a Leasehold basis, with just over 19 years remaining on the 20-year lease. The rent is £14,000 + VAT per annum and we are advised that the rates payable are £10,250 per annum.
PREMIUM
£70,000 for the fixtures and fittings.
ACCOMMODATION
Total Area approx.
Ground Floor - 784 Sq Ft. APPROX
First Floor - 408 Sq Ft. APPROX
TERMS
The property is available to let on a 20-year Full Repairing and Insuring Lease.
RATEABLE VALUE
The property is rated as follows:
Valuation - Current rateable value (1 April 2023 to present)£10,250
The information is supplied by the Valuation Office Agency and should be verified by Local City Council by any interested parties.
LEGAL COSTS
Each party are to be responsible for their own legal costs incurred during this transaction.
ENERGY PERFORMANCE CERTIFICATE
Available upon request from the agent.
SERVICES
We understand that all mains services are available to the property.
Prospective tenants should make their own enquiries as to the suitability and adequacy of the supplies for their own purposes.
AVAILABILITY
The property is immediately available following completion of legal formalities.
VIEWINGS
Strictly via prior appointment through the sole selling agent Soul Estates on[use Contact Agent Button]
Seating Area (Front of Shop) - 16' 0'' x 16' 11'' (4.87m x 5.15m)
Cooking/Preparation Area - 15' 1'' x 13' 3'' (4.59m x 4.04m)
Cleaning / Freezer Area - 13' 2'' x 16' 4'' (4.01m x 4.97m)
WC
Office & Storage - 24' 0'' x 17' 2'' (7.31m x 5.23m)
Tenure: Leasehold
Lease Years Remaining: 19
Property information from this agent
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Energy Performance data and Internal floor area
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