Superior Estates is delighted to present this ground floor retail unit, ideally located within a busy parade off Coventry Road, Small Heath B10.
The property benefits from exceptionally strong footfall, with a steady stream of passing trade generated by both the surrounding shops and the dense residential community nearby. Its prime location on this thriving Coventry Road B10 ensures excellent clientele, and good transport links, running through the A45 making it easily accessible. Also surrounded by a mix of independent well-established businesses.
The retail premises comprises of a glazed shop front with metal shutters, high ceilings, laminated flooring, slat wall panelling and fluorescent strip lighting. The property is fully equipped with a commercial kitchen, complete with canopy hood, stainless steel appliances, preparation areas, cold storage and under-counter fridges, and a staff W.C. to the rear, and extra storage in the ceiling space.
Ground Floor Shop: 317.23 ft²
Rent: The property is available at a rent of £12,000.00 Per Annum.
Rent: £3,000.00 (to be paid quarterly in advance)
Goodwill for fixtures and fitting: Offers in the region of (£60,000.00)
Deposit: Equal to 3 Months Rent
Building insurance: Building Insurance premium payable.
Legal fees: Each parties pay their own legal fees
Business Rates: Birmingham City Council Agency fees apply.
Viewing: Strictly by prior appointment with sole agency through Superior Estates Ltd
Money laundering
The money laundering regulations require identification checks are undertaken for all parties purchasing/ leasing property. Before a business relationship can be formed, we will request proof of identification for the purchasing/leasing entity.
Our agency will not progress an application until the holding deposit has been paid and an application form is completed and returned by the applicant(s). To avoid unnecessary delays, it’s important that you return your application form(s) within 48 hours.
The holding deposit is the equivalent of one week’s rent, which once paid, is offset against the total balance due.
A tenancy cannot be completed until the agreed first month’s rent and bond are paid in full. On occasions, the Landlord may request a guarantor in order to offer a tenancy subject to referencing. The holding deposit is non-refundable should following referencing, it is discovered that key material facts have been omitted or prove false which then leads to the Landlord declining your application.
By paying the holding deposit, the property you have reserved will be taken off the market and all future viewings cancelled, and it is therefore deemed fair that the tenant will receive no refund should they later decide not to take up the tenancy or fail to move in on the agreed proposed check in date.
If the Landlord decides against proceeding with the tenancy, the tenant will receive a full refund of all monies paid.
Our helpful team are on hand to answer any queries and concerns you may have.
