417 - 419 Stratford Road, Sparkhill, Birmingham, B11 4JZ

LOCATION

Paul & Sons have the great pleasure in introducing this ground floor A1 licensed retail premises with living accommodation on the first floor, available on a lease purchase. The property is situated in the sought after location of Sparkhill within a busy, popular and prominent shopping stretch of Stratford Road and in close proximity to all essential amenities. Premises are currently occupied and trading as “Shades Collection”. Previously this property was occupied by a well established A5 licenced restaurant business for approximately 20 years. With this in mind there is still scope and potential to undertake similar restaurant/food business at premises if required upon contacting the local authorities.  

DESCRIPTION

The shop is fitted with a double-glazed shop front, with tiled flooring throughout the ground floor and a feature ceiling with spot lights. The shop is currently divided into 2 separate units with a partition wall in the middle that can be removed. Upon entering both the units there is a large retail area at the front, with a door leading towards a middle room, with another door giving access to the rear entrance. The rear entrance is approached via shared space between both units and comprises of a separate wc, storage room and a corridor which includes a staircase rising to the 1st floor.

The 1st floor comprises of a landing area, one room and two separate flats. Flat 1 comprises of a living room, kitchen with gas cooker, one bedroom and a bathroom. Flat 2 has living room, kitchen, bathroom and two bedrooms. Both flats are central heated. 

An ideal opportunity not to be missed, viewing is highly recommended to be appreciated, strictly through appointment with Paul & Sons.

GROUND FLOOR

Retail Area of 417 Stratford Road 695.84 SQ FT 212.09 SQ M
Middle Room of 417 Stratford Road 103.62 SQ FT 31.58 SQ M
Retail Area of 419 Stratford Road         769.22 SQ FT 234.46 SQ M
Middle Room 419 Stratford Road                 53.59 SQ FT 16.33 SQ M
Rear Entrance Area                         91.92 SQ FT 28.02 SQ M
Rear Storage Room                         66.86 SQ FT 20.38 SQ M
Corridor Staircase Leading to 1st Floor         98.49 SQ FT 30.02 SQ M
TOTAL COMMERCIAL AREA      1879.54 SQ FT      572.88 SQ M
FIRST FLOOR
Corridor/Landing Area           55.49 SQ FT 16.91 SQ M
Room One 255.79 SQ FT 77.96 SQ M

FLAT 1
Living Room 120.63 SQ FT 36.77 SQ M
Kitchen 28.12 SQ FT 8.57 SQ M
Bathroom 46.90 SQ FT 14.30 SQ M
Bedroom 151.16 SQ FT 46.07 SQ M
TOTAL AREA OF FLAT 1     346.81 SQ FT  105.71 SQ M

FLAT 2
Living Room 128.23 SQ FT 39.10 SQ M
Kitchen   51.01 SQ FT 15.55 SQ M
Bathroom               50.53 SQ FT 15.40 SQ M
Bedroom 1 98.81 SQ FT 30.12 SQ M
Bedroom 2                 78.38 SQ FT 23.90 SQ M
TOTAL AREA OF FLAT 2    406.96 SQ FT  124.07 SQ M
TOTAL RESIDENTIAL AREA    753.77 SQ FT  229.78 SQ M
TOTAL AREA OF ENTIRE BUILDING    2653.31 SQ FT  802.66 SQ M

IN GOING COSTS

The in-going tenant will be responsible for the payment of the landlord's legal costs, building insurance and agent administration fees, and will undergo strict credit checks and referencing.

TENURE
The Agent understands that the property is available on Lease.

VIEWING
Strictly by appointment through Paul & Sons (T) 0121-778-6969 – 0121-771-3435

Lease (Guide Price): £110,000 (inc. Goodwill, Fixtures & Fittings)
Rent: £4,000 P.M
Rates: To be confirmed
Lease: 10 Years Remaining (Renewable)
1st Floor Rental Income: £1,500 P.M

Agents Note
Measurements taken are approximate and some may be maximum on irregular walls. The Agent has not tested any apparatus, equipment, fittings or services and so cannot verify they are in working order or fit for their purpose. Neither has the Agent checked the legal documents to verify the (*)Freehold or the (*)Lease of the property. The prospective buyer or tenant is advised to obtain the verification from their respective solicitor or surveyor.
(*) Whichever is applicable.



Energy Reports:
Loading...

THE AGENT HAS NOT TESTED ANY APPARATUS, EQUIPMENTS, FITTINGS, OR SERVICES AND SO CAN NOT VERIFY THEY ARE IN WORKING ORDER OR FIT FOR THEIR PURPOSE. NEITHER THAS THE AGENT CHECKED THE LEGAL DOCUMENTS TO VERIFY THE FREEHOLD OF THE PROPERTY. THE BUYER IS ADVISED TO OBTAIN THE VERIFICATION FROM THEIR SOLICITOR OR SURVEYOUR
 
Paul & Sons Ltd  -  Tel: 0121 771 3435  |  Fax: 0121 772 2973  |  Email: info@paulandsons.co.uk