- LEASE FOR SALE
- 2 BEDROOM ACCOMODATION
- FIRST FLOOR GENERATING £450 P.C.M
- RENT £14,000 PER ANNUM
- TURNOVER £6,000 PER WEEK
- ASKING GOODWILL £40,000
- STORE ROOM
- CENTRAL HEATING
- DOUBLE GLAZING
- SALES AREA 476 Sq ft
Pam Estates Ltd offer this leasehold Off licence for sale.
Located on Beauchamp Avenue, just off Hamstead Hill (B4124). The premises are within easy reach of local amenities. Benefitting from regular public transport to and from Birmingham City Centre which is located less than 5 miles away.
This leasehold property is a two-storey brick built construction which briefly comprises a of a ground floor sales area, having new fixtures and shop fittings, with store room to the rear of the building which has double door access. The accomodation comprises of a 2 bedroom first floor residential flat with 1 car parking space. The residential flat is self contained and is accessed via a staircase to the rear. We understand the residential flat is currently let at £450.00 p.c.m.
A premium of £40,000 is being sought in respect of the existing business, fixtures & fittings.
The premises are held by way of a 17 year lease expiring in April 2029. The premises are therefore available by way of assignment or sub-lease until expiry. New lease may be available subject to landlord’s consent.
Viewings Strictly through sole agents Pam Estates Ltd.
MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
These particulars do not constitute part or all of an offer or contract.
The measurements indicated are supplied for guidance only and as such must be considered incorrect.
Potential buyers are advised to recheck the measurements before committing to any expense.
Pam Estates Ltd. has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyer's interests to check the working condition of any appliances.
Pam Estates Ltd. has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.