Superior Estates is delighted to offer this ground floor commercial corner café with Class E planning permission, ideally located on Monument Road just off the A456 Hagley Road in Edgbaston, Birmingham.
This beautifully presented throughout premises offers 30 covers in a bright naturally lit seating area throughout, following up to the set of stairs to further seating along with the service counter, display units, and EPOS system. Customer W.C. on the ground floor. To the rear is a fully equipped commercial kitchen featuring a canopy hood, oven, refrigeration, and preparation space, with convenient rear access for waste removal along with parking on the side of the property on Parker Street.
Situated in a high-footfall location, the property is easily accessible and close to Harborne, Birmingham University campuses, the City Centre, and the Jewellery Quarter; Making the premises a prime opportunity for a wide range of businesses.
Ground Floor Retail Shop: 37.92 ft x 37.00 sq ft = 1403.04 sq ft²
Rent: The property is available at a rent of £24,000.00 per annum, subject to contract and terms to be agreed.
Rent: £6,000.00 (to be paid quarterly in advance)
Goodwill for fixtures and fittings: £6,000.00
Deposit: Equal to 3 Months Rent
Repair obligations: Full Repairing and Insuring Terms.
Building insurance: 50% Building Insurance premium payable.
Business Rates: Birmingham City Council
Agency fees apply.
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.