Great Hampton Street Birmingham, Birmingham, West Midlands, B18

Davidson Estates is pleased to present this beautifully refurbished and fully equipped coffee shop to let. In all, the total useable space has an area of approximately 108 square metres or 1,160 sq.ft. Included in the premium of £39,750 are top of the range items such as the La Marzocco coffee machine which, we are advised, alone, would cost over £10,000. In all, the shop has benefitted from over £150,000 worth of investment including the cost of refurbishment and the property is ready for the successful applicant to commence trading immediately.

The shop is located opposite Tesco Express and the Birmingham Law College on the outskirts of the Jewellery Quarter on Great Hampton Street which is one of Birmingham's main arterial roads, providing easy access to the City Centre. It is surrounded by a plethora of residential developments and, in all, the vibrant and cosmopolitan Jewellery Quarter boasts well in excess of 6,000 residential units together with a vast array of businesses, many of which will provide an excellent symbiotic relationship with the coffee shop, for example, the popular Caribbean fast food takeaway next door. Also, a number of businesses trade from the office complex above the shop. The previous owners of the coffee shop operated at a seating capacity of between 20 - 26 people however there is also additional space for seating in the substantial basement which is currently being refurbished and has a useable area of an additional 20 sq. m. approximately.

In addition to the high quality refurbishment, the shop boasts a fully operational air conditioning system, electronically operated security shutters, a modern, certified electricity supply, a sound system, computers, an advanced CCTV system, security and fire alarms and fibre speed internet. All of the equipment will be fully serviced prior to completion to ensure that it is all operational from day one.

In greater detail the coffee shop comprises:

Entry area

Electrionically operated security shutters

Seating

Windows overlooking the street Café and Serving area (Total area approx. 68 sq. m. or 730 sq. ft.)

Serving area

Tiled floor

Tiled walls Base units with wood effect work surfaces

Double stainless steel sink

Ceiling spotlights

Electric wall sockets

Café Area

Tiled floor

Wood panelled walls

Electric wall sockets

Ceiling spotlights Cupboard housing the fuse box and alarm system

Fire alarm console

Store room Kitchen (Total area approx. 11.8 sq. m. or 127 sq. ft.)

Painted concrete floor - Commercial Altro Flooring

Upvc panelled walls - Hygiene PVC Wall Cladding

Ceiling spotlights - Sensored Tube Lights

Fire escape

Electric wall sockets (Plus 3 Phase Supply)

Toilet

Tiled floor

Wood panelled walls

Ceiling light (sensored)

Electric wall sockets

Toilet

Washbasin

Hand dryer

Toilet paper dispenser

Baby changing unit

Office (1.71m x 1.50m)

Carpet tiles

Electric wall sockets

Desk

Shelving

Ceiling light Basement (Total area approx.. 20 sq. m. or 213 sq. ft.)

Currently being refurbished

Painted walls

Recessed ceilings

Ceiling spotlights

The premium of £60,000 will include the following:

2 group La Marzocco coffee machine

2 x Grinders - knock our draw

Buffalo Bar blender

Polar Ice machine

2 x Undercounter Hot water units for both front of house, kitchen & toilet

1 x Commercial Microwave/oven

1 x 4 shelve customer display food fridge

1 x 7 Pan Ice Cream Machine customer display

1 x 4 Glass Shelve bakery display fridge

1 x Epos System - includes a few boxes of till roll and car machine rolls

1 x Coca Cola Drinks Display Fridge

1 x Daikin Air Condition Unit

Mix of Tables, Chairs, Bar & Stools

2 x 600ltr Polar White Freezers upright

1 x 600ltr Polar White Fridge Upright

1 x commercial vegetable/cheese grater

1 x Carpigiani Commercial Gelato maker (also includes buckets, hand blender)

1 x Commercial 2 section pizza maker

1 x Marble 3 door prep counter with toppings

1 x buffalo griddle Mixed Amount of utensils food prepping equipment

Complete set up of shelving and desk for the office

1 x Desktop PC

1 x Large Safe

1 x Mini Change Wall Safe

Davidsons have been verbally advised that the premises currently have planning permission for general retail use. Davidsons have not seen evidence of the planning permission and the buyer will have to satisfy him/herself that they have the appropriate planning permission for their proposed use.

Business Rates: Current Rateable Value £9,400 per annum

Service charge: £3,291.08 per annum

Buildings insurance contribution: £385 per annum All figures quoted are exclusive of VAT which is payable.

Terms Misrepresentation Act 1967. These details are prepared as a general guide only and must not be relied on as a basis to enter legal binding obligations. A prospective tenant should rely upon his/her own inspection, surveyor and/or solicitor before any expenditure or legal commitment. If a prospective tenant does wish to rely upon these particulars Davidson Estates would be happy to provide specific written verification. Verbal representation will be made in good faith but cannot be relied upon. Subjective comments in these particulars are the opinion of Davidson Estates only.

Davidson Estates has not tested any apparatus, equipment, fixtures, fittings or services and do not warrant that they are in good working order. Davidson Estates has not checked legal documentation and the solicitor should verify the tenure of the property and all restrictive and other covenants. Measurements and distances are approximate and for guidance only. Where rooms are irregular, only the maximum dimensions are given.

Fixtures and Fittings: All those items mentioned in these particulars by way of fixtures and fittings are included in the letting price. Others, if any, are excluded.

Tenure: The property will be offered on a leasehold basis the terms and conditions of which will be supplied on request however the basic terms will be as follows:

1. Term: by negotiation. 2. Rent reviews every 3 years if lease is longer than 3 years

3. The tenant will be responsible for the maintenance of the interior and all fixtures and fittings.

4. The tenant will be responsible for the service charge and the building insurance charge. Current figures are provided above.

5. Each party to pay their own legal fees. 6. Landlord to be granted access to the demised premises upon reasonable notice to inspect the same.

7. A security deposit amounting to one quarter's rent will be required by the landlord and, subject to referencing, a personal guarantor may also be required. The deposit will be held in a separate designated account and will be returned to the tenant at the end of the tenancy subject to the tenant adhering to the terms and conditions of the lease throughout.

Business Rates: Davidson Estates have been advised that the RV is £9,400pa

Local Authority: Birmingham City Council. Land: It is suggested that prior to exchange of contracts, prospective tenants check all fixtures and fittings included in the let.

VAT: All prices quoted are exclusive of VAT where applicable.

Energy Performance Certificate: supplied on request.

Davidson Estates would be happy to carry out a free valuation and selling or letting appraisal of your residential property without obligation.

If you would like to let out your property or rent a property, please contact our Lettings Department

Davidson Estates has a commercial department which would be pleased to provide advice and assistance in respect of business sales and purchases, finding tenants, rent reviews and the creation of new leases in respect of commercial premises.

Mortgage Advice: We would be happy to refer any enquiries concerning a mortgage to specialist independent consultants.

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