194 Newhall Street, Birmingham

Well located ground floor cafe ready for immediate trading or change of use measuring 561 sq ft (52.127sq m) plus basement storage

Location - The property is located in Newhall Street at the junction with George Street close to St Pauls Square. The heart of the City Centre is a ten minutes walk & St Pauls Metro Station is located within walking distance.

Description - The property is currently a ground floor cafe with a fitted kitchen & counter service bars. There is currently seating for 19 covers. The WC is located on the first floor using a key to a separate staircase. {The two bedroom flat above could be included in a tenancy at £850 pcm} Plus basement storage.

Terms - Quoting rent at £18,000pa

The landlords are seeking a five year tenancy

Legal Costs - Each party is to be responsible for their own legal costs.

Vat - To be confirmed

Service Charge - There is a small service charge to cover the share of building insurance.

Business Rates - We are advised the rateable value is £5,700. The current rate in the £ is .49p occupier should also be able to obtain Small Business Relief.

Viewing - Strictly by prior appointment through Maguire Jackson.

Epc - Available on request.

Money Laundering - The money laundering regulations require identification checks to be undertaken by all parties purchasing or letting properties. We will therefore be requesting proof of identification for all the parties involved in the transaction.

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