property
The property occupies a prominent position to the eastern side of Ladypool Road between Chesterton Road and Clifton Road within the heart of the nationally recognised Birmingham Balti Triangle in Ladywood.
The property is situated within a densely developed, well established neighbourhood with a mix of residential, commercial and industrial users within the general vicinity. Ladypool Road itself comprises a large number of restaurant and takeaway outlets and is popular with visitors from the Midlands and beyond. A short distance to the north of the property, Ladypool Road joins the A4167 Highgate Road which provides good access to the Birmingham Road network.
The property is considered to occupy an excellent catchment area for its existing use and we understand that the current owners have been in occupation since the early 1980s.
The property comprises a prominent three storey mid terraced building of brick and rendered construction with a pitched roof. On the ground floor, there is a modern open plan dining area with 60 covers, a bar area, two ladies WCs, gents WC, staff and disabled WCs and a fully equipped kitchen including cold room.
On the first floor, there is a further open plan dining area with approximately 60 covers, two WCs and Store Room, whilst on the second floor there are two further attic rooms, which provide useful storage. The property is well presented throughout and benefits from a dumb waiter lift to the first floor, air conditioning to both ground and first floors and roller shutter security grille to the front.
The property is to be sold including fixtures, fittings and equipment, as such, the property is considered suitable for immediate occupation and operation for a continuation of its existing use.
Commercial Vacant Possession
A Freehold Modern & Fully Equipped 120 Cover Restaurant in the heart of the Birmingham Balti Triangle
We understand that the property is Freehold and vacant possession will be given upon completion.
We understand that VAT will not be chargeable on this transaction.
Strictly by arrangement with the Auctioneers. Please contact Ian Tudor on 0121 237 4850.
