Freehold: Offers In Region Of £450,000.00

Yardley Wood Road, , B14 4BW Lease: Rent £25,000.00 / Business Premium: £70,000.00

Pam Estates Ltd are proud to bring to the market this leasehold Off Licence located within the area of Birmingham. "JD Wines" has been trading on Yardley Wood Rd since 2010. During the shops short trading history the business has establishe d itself well within the local community with a superb repeat customer base.

Property Description

Location

Full Description "JD Wines" is being offered leasehold for sale due to our clients other business commitments. The Off Licence has clear modern signage displayed above aluminium steel framed shop front fitting. Internally being very well presented with modern shop fittings & lighting through-out. The main service counter is positioned to the front of the premises. Storage is to the rear of the property with aluminium shuttered loading bay & separate Wc.

Accommodation First Floor Flat: Having a separate steel staircase entrance to the rear of the property, The first floor accommodation briefly comprises of 2 bedrooms, Lounge, Kitchen & Shower room.

Parking to rear of the premises opposite store room and loading bay.

Terms We understand the premises is to be let on a new renewable FRI Lease on terms, at a rental of £25,000.00 per annum, exclusive of rates. With rent review at that time and thereafter every 3 years. An option to purchase the Freehold is currently available at £450,000.00

Turnover £10,000.00 Per Week.

Rent £25,000.00 per annum Stock At Valuation. Business Premium: £70,000.00 is being sought in respect of the existing business, fixtures and fittings.

Rates To be confirmed by Solihull City Council by any prospective purchasers.

Legal Costs Each party is liable for their own legal costs on completion.

Viewings Strictly through sole agents Pam Estates Ltd.

187 Rookery Road, Handsworth, www.pamestates.co.uk Agents Note: Whilst every care has been taken to prepare these particulars, they are for guidance purposes only. All measurements are approximate are for general guidance purposes only and whilst every care has been taken Birmingham, , B21 to ensure their accuracy, they should not be relied upon and potential buyers/tenants are advised to recheck the 9QZ measurements