The property overlooks the famous Green at Kings Norton and consists of a ground floor Cafe with vacant possession, which until recently was run as a successful Cafe Business. The ground floor accommodation is set out as follows: Entrance to Cafe from the street into the main seating area to the right with a further seating area to the left. Beyond this area is a room formally used as a kitchen, there is a further room beyond this used as a prep area and to the rear of this room is a store room or further kitchen area. The Cafe has a WC and washing up area with tiled wall and sink.
To the rear of the building is a car park and unloading area which is accessed via the underpass. From this area is a set of metal stairs which lead to the first floor apartment consisting of the following accommodation: kitchen/dining area with fitted kitchen units, hallway leading to lounge with bay window, a rear bedroom, two front bedrooms and hallway leading to bathroom and separate WC. The Apartment is currently let on a standard Assured Shorthold Tenancy Agreement for £700 pcm.
Location
The Property is located just off the main A441 which is one of the major roads into Birmingham from the South. The property is 4.00 miles away from the M42 at junction 2 Hopwood.
Accommodation
Ground Floor Café Area - (107.20 sq m) or 1,153 sq ft NIA
First Floor - Apartment (100.22 sq m) or 1,078 sq ft GIA
N.B These areas were measured from scaled architects drawings and are accurate within +/- 5% as we have been unable to gain access to all areas of the property. Any buyers should satisfy themselves of the measurement prior to making an offer to purchase the property.
Terms
Price - £500,000
Tenure - Freehold
Rateable Value - There appears to be two assessment one known as 20a £4,800 Molly’ s Café and once known Ms L Simmons R/o 20 The Green for £5,500 source: www.voa.gov.uk.
Rates Payable - The rates payable are calculated as a multiplier of the rateable value. Any interested applicants should contact the local authority and verify the multiplier and check if any rates relief is available for their business.
VAT - Value Added Tax at the prevailing rate is applicable on all costs shown in these particulars apart from business rates.
EPC - The Energy Performance Certificates: Ground Floor Café = C and First Floor Apartment = D. Full copies are available upon request.
Specification
- For Sale Freehold
- Part Income Producing
- Vacant GF Cafe
- Rear Parking Area
- For Sale at £500,000