£115,000 pa
(£54.76/sq. ft. pa)
Restaurant to letUnit B111 The Arcadian, Sobar, Hurst Street, Birmingham, West Midlands B5
2,100 sq. ft
Leasehold
About this property
**prime china town**
**Restaurant Opportunity**
**New Lease Available**
Subject to Contract & Vacant Possession
Estimated Rates Payable: £37740
**prime china town**
**Restaurant Opportunity**
**New Lease Available**
Subject to Contract & Vacant Possession
Location
Birmingham is the UK's second largest City, with a shopping catchment of 7.2 million people. The city is currently experiencing a new era of capital investment due to the increasing demand for residential, offices and retail on behalf of occupiers. The City of 1000 trades has now cemented itself as one of the UK's dominant retailing and leisure destinations. The Arcadian located adjacent to China Town is one of Birmingham's premier leisure schemes, with hotel, bar, and food operators trading together in an attractive and vibrant part of the city.
Description
The property occupies a prime location in the Arcadian Leisure development in Birmingham City Centre. Nearby operators include The Hippodrome Theatre, Ibis Hotel, Las Iguanas, as well as an array of quality independent bars and restaurants. The scheme benefits from a dedicated car parking of over 520 spaces. The subject property comprises a former bar arranged over ground and first floor with an outdoor terrace.
Accommodation Text
Arranged over the approximate floor areas:
Ground Floor: 4,350 sq ft (404.13 sq m)
First Floor: 2,400 sq ft (223 sq m)
Tenure Comments
The premises are to be made available by way of a new full repairing and insuring lease for a term of years to be agreed.
EPC
EPC can be made available upon request.
Service Charge Information
There is an annual variable service charge of £23,103 + VAT.
Insurance
There is an annual insurance contribution of £3,228.22 + VAT.
VAT
VAT is applicable.
Legal Costs
Each party will be responsible for covering their own legal costs incurred in the transaction.
Security
It is likely that the Landlord will require a security deposit and/or personal guarantee by way of security from the successful applicant.
Viewings
Strictly by appointment with the Sole Retained Agents.
**Restaurant Opportunity**
**New Lease Available**
Subject to Contract & Vacant Possession
Location
Birmingham is the UK's second largest City, with a shopping catchment of 7.2 million people. The city is currently experiencing a new era of capital investment due to the increasing demand for residential, offices and retail on behalf of occupiers. The City of 1000 trades has now cemented itself as one of the UK's dominant retailing and leisure destinations. The Arcadian located adjacent to China Town is one of Birmingham's premier leisure schemes, with hotel, bar, and food operators trading together in an attractive and vibrant part of the city.
Description
The property occupies a prime location in the Arcadian Leisure development in Birmingham City Centre. Nearby operators include The Hippodrome Theatre, Ibis Hotel, Las Iguanas, as well as an array of quality independent bars and restaurants. The scheme benefits from a dedicated car parking of over 520 spaces. The subject property comprises a former bar arranged over ground and first floor with an outdoor terrace.
Accommodation Text
Arranged over the approximate floor areas:
Ground Floor: 4,350 sq ft (404.13 sq m)
First Floor: 2,400 sq ft (223 sq m)
Tenure Comments
The premises are to be made available by way of a new full repairing and insuring lease for a term of years to be agreed.
EPC
EPC can be made available upon request.
Service Charge Information
There is an annual variable service charge of £23,103 + VAT.
Insurance
There is an annual insurance contribution of £3,228.22 + VAT.
VAT
VAT is applicable.
Legal Costs
Each party will be responsible for covering their own legal costs incurred in the transaction.
Security
It is likely that the Landlord will require a security deposit and/or personal guarantee by way of security from the successful applicant.
Viewings
Strictly by appointment with the Sole Retained Agents.
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