£225,000
Retail premises for sale
Property photos
Just added
£225,000
Retail premises for sale
Bromsgrove Street, Birmingham B5Local area information
Property location
Nearby amenities
- St Catherine of Siena Catholic Primary School 0.3 miles
- St Thomas CofE Academy 0.3 miles
- Birmingham New Street 0.3 miles
- Birmingham Moor Street 0.4 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Birmingham to find out more about the local area.
Features and description
- Leasehold Retail Unit
- Located In The Arcadian Centre
- Prime Retail Space Suitable For Many Uses
- Retail Area 1400 sq ft
- Basement 807 sq ft
Leasehold Retail Unit Located In The Arcadian Centre, Birmingham
Prime Retail Space Suitable For Many Uses
Retail Area 1400 sq ft
Basement 807 sq ft
Ref 3252
Asking Price £225,000
Location
Prime leasehold retail unit situated within The Arcadian Centre, Birmingham's vibrant Chinatown and Southside district. The property benefits from a prominent trading position within a well-established leisure and entertainment destination and would suit a wide variety of retail and café-style operators.
Business Description
Veritas Business Sales are delighted to offer the lease for sale of this prime retail space which is located In The Arcadian Centre, Birmingham. Our client purchased the lease in 2022 and is now offering the space in order to concentrate on other business interests.
They purchased the unit as an empty shell and since acquiring the lease, have undertaken a comprehensive fit-out including new drainage, electrics, utilities, fire systems, water supply, air conditioning and CCTV. All fixtures and fittings are fully owned and included within the sale price. The premises would suit a variety of retail uses as well as light food operators such as a coffee shop or sandwich bar. Please note there is currently no gas supply to the premises, therefore a full restaurant operation may not be suitable.
We believe that the space would suit large retailers or niche independents due to its prominent location. With that in mind early viewing is highly recommended.
Leasehold
Term: 10 years
Remaining: 6 years
Rent: £27,000 plus VAT pa
Reviewed: 5 yearly
Service charge: £12,000 plus VAT pa
Business rates: Zero
Ground Floor
Retail area (1,400 sq ft) with 2 x partitioned rooms, office area & staff room, door with metal stairs leading down to the basement, rear exit door leading to the car park.
Basement
(807 sq ft)
Large storeroom with water tank, sewage tank.
Staff toilet with W/C, wash basin and mop sink.
Staff kitchen with stainless steel sink drainer and base storage cupboards.
Prime Retail Space Suitable For Many Uses
Retail Area 1400 sq ft
Basement 807 sq ft
Ref 3252
Asking Price £225,000
Location
Prime leasehold retail unit situated within The Arcadian Centre, Birmingham's vibrant Chinatown and Southside district. The property benefits from a prominent trading position within a well-established leisure and entertainment destination and would suit a wide variety of retail and café-style operators.
Business Description
Veritas Business Sales are delighted to offer the lease for sale of this prime retail space which is located In The Arcadian Centre, Birmingham. Our client purchased the lease in 2022 and is now offering the space in order to concentrate on other business interests.
They purchased the unit as an empty shell and since acquiring the lease, have undertaken a comprehensive fit-out including new drainage, electrics, utilities, fire systems, water supply, air conditioning and CCTV. All fixtures and fittings are fully owned and included within the sale price. The premises would suit a variety of retail uses as well as light food operators such as a coffee shop or sandwich bar. Please note there is currently no gas supply to the premises, therefore a full restaurant operation may not be suitable.
We believe that the space would suit large retailers or niche independents due to its prominent location. With that in mind early viewing is highly recommended.
Leasehold
Term: 10 years
Remaining: 6 years
Rent: £27,000 plus VAT pa
Reviewed: 5 yearly
Service charge: £12,000 plus VAT pa
Business rates: Zero
Ground Floor
Retail area (1,400 sq ft) with 2 x partitioned rooms, office area & staff room, door with metal stairs leading down to the basement, rear exit door leading to the car park.
Basement
(807 sq ft)
Large storeroom with water tank, sewage tank.
Staff toilet with W/C, wash basin and mop sink.
Staff kitchen with stainless steel sink drainer and base storage cupboards.
More information
Listed by
Veritas Business Sales Ltd
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Property descriptions and related information displayed on this page are marketing materials provided by - Veritas Business Sales Ltd. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Veritas Business Sales Ltd for full details and further information.