395 Lodge Road, Hockley, Birmingham, West Midlands, B18 5PW

Property Details: • Type: Cafe • Tenure: N/A • Floor Area: N/A

Key Features:

Location: • Nearest Station: N/A • Distance to Station: N/A

Agent Information: • Address: Cavendish House, 359-361 Hagley Road, Edgbaston, Birmingham, B17 8DL

Full Description: Guide Price = £115,000 - £125,000

Sold for £125,000.

Property for auction on 12th July at 13:00 at Avery Fields, 79 Sandon Rd, Birmingham B17 8DT - Public Auction including Live Stream & Telephone Bidding.

Property Description: A mid terraced three storey brick built property comprising of a ground floor hot food takeaway shop along with a self-contained flat to the first and second floors.

The property forms part of an established parade of retails shops within a mixed residential and commercial area and Lodge Road is located directly off Heaton Street close to the junction with Icknield Street (A4540) which forms part of Birmingham outer ring road.

Tenancy Information Ground Floor: Trading as Platinum Spoon Seafood and Caribbean Takeaway, holding over on an lease which commenced 1st December 2013 at a rent of £6,000 per annum on Full Repairing and Insuring Terms. Flat Accommodation: Let at a rental of £525 per calendar month (£6,600 per annum). The tenant has been in occupation for circa 8 years. Total Rental Income: £12,600 p.a.

Accommodation: Ground Floor Takeaway and Serving Area: 12.93sq.mtrs (139sq.ft), Kitchen: 10.5sq.mtrs (112sq.ft), Lobby: 1.95sq.mtrs (21sq.ft), Toilet with wc and wash basin

First & Second Floor Flat Accommodation: Pedestrian side access off Lodge Road, Entrance Hall, Stairs and Landing with store cupboard, Lounge, Bathroom with bath having shower over, wash basin and wc, Kitchen with pantry

Second Floor Stairs and Landing, Double Bedroom

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