BY ORDER OF TRUSTEES
6 Week completion
Occupying a prime trading position adjacent to McDonald's and Ladbrokes in the heart of the pedestrianized town centre which includes an outdoor market (trading 6 days a week) and amongst other such multiples as Argos, Paddy Power, New Look, Santander, The Money Shop, Nationwide, Halifax and only 100 yards from the entrances to the Kings Square & Queens Square Shopping Centre's.
West Bromwich is a busy commercial centre located on the main A41, enjoying easy access to the M5 (J1) and the M6 (J8) some 5 miles north-west of Birmingham and 8 miles south-east of Wolverhampton.
A mid terrace building comprising a Ground Floor Restaurant/Café with Cellar and separate front access to Ancillary Storage at first floor level.
In addition, the property benefits from vehicular access through metal gates from Paradise Street at the rear leading to an open yard area with parking for up to 6 cars as well as 2 small brick-built Store Buildings. The site depth is 187 ft.
Ground Floor Café/Restaurant (98 covers)
Gross Frontage 33'2"
Internal Width 28'1"
Restaurant Depth 54'9"
Built Depth 76'7"
Restaurant Area Approx. 1,435 sq ft
Kitchen Area Approx. 250 sq ft
3 Ladies WCs & 1 Gents WC
Area Approx. 700 sq ft (max height 5'5")
First Floor Store/Staff
Area Approx. 390 sq ft
4 Rooms, Bathroom/WC
Total Area Approx. 2,775 sq ft
External Store Buildings - Not Inspected
VAT is applicable to this Lot
The entire property is let on a full repairing and insuring lease to Moore Café Ltd (with Guarantor) t/a Great Western Café for a term of 10 years from 27th October 2015 at a current rent of £30,000 per annum exclusive.
Rent Review and Tenant's Break 2020
Note: The lease is outside the renewal provisions of the L and T Act 1954.