£20,400 pa
(£28.92/sq. ft. pa)
Retail premises to letLadypool Road, Birmingham B12
705 sq. ft
About this property
A Leasehold Retail Shop available to let on the main Ladypool Road currently running as a Women’s Jewellery & Accessories Shop but can be used for various trades subject to planning permission. The shop is modernised to a good standard having the benefits of Laminated Floor and Full glass shop front with metal roller shutters. Details as follows:
On the ground floor
Shop Area: Size 3.43m x 8.64m (11.25ft x 28.34ft). Having Power Point. Window overlooking front. Laminated Floor. Suspended Ceiling with LED Spotlights. Gives access to Rear Store and Rear Garden.
Rear Store (In need of modernisation): Size 2.97m x 2.77m (9.74ft x 9.08ft). Having Power Point. Sink unit. Gives access to Stairs leading to First Floor.
Rear Garden: Side Tradesman Entrance. Having metal Staircase leading to First Floor.
On the first floor
Landing: Gives access to Room No.1., Room No.2. And Loft space.
Room No.1.: Size 3.73m x 4.13m (12.23ft x 13.54ft). Having Power Point. Window overlooking Front.
Room No.2.: Size 3.30m x 3.72m (10.82ft x 12.20ft). Window overlooking Rear.
Rent: £1,700 pcm (Payable quarterly in advance)
Premium: £25,000
Option for Freehold: £350,000
Term: Min. 5 years (Negotiable)
Deposit: Equal to 3months rent
Rent Review: Every 3 years with 10% increase.
Legal Costs: Incoming Tenant to pay legal costs for both sides.
Building Insurance: Tenant to pay for Building Insurance.
Requirements: I.D.’s, Bank Statements, References and Guarantor required.
Leasehold option: £25,000 premium + £1,700 pcm
freehold option: £350,000
Viewings by appointment only
On the ground floor
Shop Area: Size 3.43m x 8.64m (11.25ft x 28.34ft). Having Power Point. Window overlooking front. Laminated Floor. Suspended Ceiling with LED Spotlights. Gives access to Rear Store and Rear Garden.
Rear Store (In need of modernisation): Size 2.97m x 2.77m (9.74ft x 9.08ft). Having Power Point. Sink unit. Gives access to Stairs leading to First Floor.
Rear Garden: Side Tradesman Entrance. Having metal Staircase leading to First Floor.
On the first floor
Landing: Gives access to Room No.1., Room No.2. And Loft space.
Room No.1.: Size 3.73m x 4.13m (12.23ft x 13.54ft). Having Power Point. Window overlooking Front.
Room No.2.: Size 3.30m x 3.72m (10.82ft x 12.20ft). Window overlooking Rear.
Rent: £1,700 pcm (Payable quarterly in advance)
Premium: £25,000
Option for Freehold: £350,000
Term: Min. 5 years (Negotiable)
Deposit: Equal to 3months rent
Rent Review: Every 3 years with 10% increase.
Legal Costs: Incoming Tenant to pay legal costs for both sides.
Building Insurance: Tenant to pay for Building Insurance.
Requirements: I.D.’s, Bank Statements, References and Guarantor required.
Leasehold option: £25,000 premium + £1,700 pcm
freehold option: £350,000
Viewings by appointment only



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