Fixed price
£695,000
(£540.44/sq. ft)
Retail premises for saleWarstone Lane, Birmingham B18
1,286 sq. ft
Just added
About this property
Prominent Location
Car Parking to Rear
Main Road Frontage
Freehold Title
Location
The property occupies a prominent position on Warstone Lane within the historic Jewellery Quarter, a well-established and highly sought-after location approximately 1 mile north-west of Birmingham City Centre. The premises benefit from a strong presence within a vibrant mixed-use area, home to a range of independent retailers, cafés, offices and residential developments. The property is well connected via the A41 and A4540 Middle Ring Road, providing direct access to the city centre and the wider motorway network, with Junction 6 of the M6 motorway located within close proximity.
Description
The premises comprise two adjoining self-contained retail units of brick-built construction surmounted by a flat roof. Both properties benefit from a glazed shop front with access direct from Warstone Lane. 53A Warstone Lane operates as a nail & beauty salon and benefits from a tiled floor, plaster & painted walls, inset LED lights, a kitchen and WC facilities. 54 Warstone Lane operates as a restaurant and benefits from a solid floor with a tiled covering, full height glazed windows, plaster & painted walls, inset spot lights & WC facilities. The kitchen at the rear benefits from a tiled covered floor, extraction canopy, stainless steel sinks & drainer, a cold store and chiller unit. There is a shared parking area to the rear of the property.
Energy Performance Certificates
Details available upon request.
Lease Details
53A Warstone Lane is let on a 10-year lease with effect from 13th February 2023 at a passing rent of £22,200 per annum exclusive.
54 Warstone Lane is let on a 10-year lease with effect from 24th February 2025 at a passing rent of £20,000 per annum exclusive with an increase to £24,000 per annum exc with effect from 24th February 2028. There is a rent review at the 6th & 9th anniversary of the lease.
Tenure/Rent
The freehold interest is available at a quoting price of £695,000, subject to contract.
Business Rates
53A Warstone Lane is currently listed within the 2026 rating listing as having a rateable value of £7,500. Rates payable will be in the region of £3,742.50 per annum.
54 Warstone Lane is currently listed within the 2026 rating listing as having a rateable value of £13,500. Rates payable will be in the region of £6,736.50 per annum.
Interested parties are advised to make their own enquiries to Birmingham City Council on .
VAT
We understand that the property is elected for VAT. The property may qualify as a transfer of a going concern (togc).
Legal Costs
Each party to be responsible for their own legal costs incurred during this transaction.
Viewing
Strictly by prior appointment with sole agents, Mason Young Property Consultants.
The property occupies a prominent position on Warstone Lane within the historic Jewellery Quarter, a well-established and highly sought-after location approximately 1 mile north-west of Birmingham City Centre. The premises benefit from a strong presence within a vibrant mixed-use area, home to a range of independent retailers, cafés, offices and residential developments. The property is well connected via the A41 and A4540 Middle Ring Road, providing direct access to the city centre and the wider motorway network, with Junction 6 of the M6 motorway located within close proximity.
Description
The premises comprise two adjoining self-contained retail units of brick-built construction surmounted by a flat roof. Both properties benefit from a glazed shop front with access direct from Warstone Lane. 53A Warstone Lane operates as a nail & beauty salon and benefits from a tiled floor, plaster & painted walls, inset LED lights, a kitchen and WC facilities. 54 Warstone Lane operates as a restaurant and benefits from a solid floor with a tiled covering, full height glazed windows, plaster & painted walls, inset spot lights & WC facilities. The kitchen at the rear benefits from a tiled covered floor, extraction canopy, stainless steel sinks & drainer, a cold store and chiller unit. There is a shared parking area to the rear of the property.
Energy Performance Certificates
Details available upon request.
Lease Details
53A Warstone Lane is let on a 10-year lease with effect from 13th February 2023 at a passing rent of £22,200 per annum exclusive.
54 Warstone Lane is let on a 10-year lease with effect from 24th February 2025 at a passing rent of £20,000 per annum exclusive with an increase to £24,000 per annum exc with effect from 24th February 2028. There is a rent review at the 6th & 9th anniversary of the lease.
Tenure/Rent
The freehold interest is available at a quoting price of £695,000, subject to contract.
Business Rates
53A Warstone Lane is currently listed within the 2026 rating listing as having a rateable value of £7,500. Rates payable will be in the region of £3,742.50 per annum.
54 Warstone Lane is currently listed within the 2026 rating listing as having a rateable value of £13,500. Rates payable will be in the region of £6,736.50 per annum.
Interested parties are advised to make their own enquiries to Birmingham City Council on .
VAT
We understand that the property is elected for VAT. The property may qualify as a transfer of a going concern (togc).
Legal Costs
Each party to be responsible for their own legal costs incurred during this transaction.
Viewing
Strictly by prior appointment with sole agents, Mason Young Property Consultants.
Mortgage calculator
Monthly repayment
£3,476 per month
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