Property For Rent BIRMINGHAM,UK

RH Properties are proud to offer a unique opportunity to acquire an established restaurant in the famous Birmingham Balti Triangle.LOCATION This superb leasehold opportunity is situated on Ladypool Road in Sparkbrook, Birmingham. The area has a rich multicultural mix of population and Ladypool Road has a variety of occupiers, housing and offices. The premises location also has a diverse selection of retail and commercial style businesses in the area like Grillz Restaurant, Pepe?s and Lahores Restaurant. A business in close proximity enhances the commercial premises on offer as it attracts visitors to the area throughout the year. DESCRIPTION The premises occupies a corner plot which gives good visability on both sides of Ladypool Road. The property is a two storey building with ground floor restaurant and first floor function room, together with w/c on each floor. Ground floor kitchen with all equipment and has a rear stairway which gives access to first floor function hall and a rear yard with a purpose built cold room. The ground floor restaurant has capacity of 140 seats and also benefits from built in cooking area which contains chilling fridges. ACCOMMODATION Ground floor restaurant area - 1007 sq ft (93.6 sq metres) Ground floor kitchen area - 341 sq ft (32 sq metres) First floor function area - 871 sq ft approx (81 sq metres) TENURE The premises are offered to let on a new full repairing and insuring lease for a term of 15 years, subject to a upward only rent review at the end of the third year. RENT £800.00 per weekLease Premium £90,000 o.n.o (includes all fixtures and fitting) RATES TBA USE The property benefits from a A3/A5 planning consent SERVICES Electricity, gas and water services are available. The lessee shall make their own provisions of any services required and pay all costs or charges in connection with direct to the relevant supply authority. COSTS: The in-going tenant will be responsible for the payment of the landlord?s legal costs, buildi