101-102 Three Shires Oak Road, Bearwood, Smethwick, West Midlands, B67 5BT
CottonsCottons is a Birmingham-based independent firm of Chartered Surveyors with nearly a century of expertise in property auctions, sales, lettings, estate management, and valuations. Serving the Midlands and beyond, they provide professional and reliable property services backed by industry standards.
Read more Read moreA pair of traditional two storey mid terrace properties constructed circa. 1900s of brick wall construction surmounted by a pitched roof and now combined to form a ground floor unit currently operating as a restaurant with first floor residential living accommodation. All external windows to the first floor are uPVC framed with sealed double-glazed units and the property has a gas fired central heating system. The property is situated on Three Shires Oak Road (B4182) circa. 110 m from the junction of Bearwood Road (A4030) on the perimeter to Bearwood’s main shopping district in a mixed residential and commercial location, conveniently situated approximately 1.5 miles from Smethwick Rolfe Street Train Station and 3.5 miles from Birmingham City Centre. The property is let on a full repair and insuring (FRI) lease from and including 6th February 2024 to and including 5th February 2039 at a current rent of £18,000 per annum with upward only rent review dates every 3rd anniversary and with no tenant break clauses. The current tenants have been in occupation since 30th September 2014. Ground Floor Restaurant Area: (9.31m x 7.24m) currently accommodating 32 covers with bar and grill, Kitchen: (6.59m x 3.16m), Store Room One: (4.12 x 2.35m), Store Room Two: (2.78m maximum x 2.22m maximum), Cellar: (uninspected) and Customer Ladies and Gents WCs. First Floor Stairs and Landing, Living Room/Kitchen: (4.82m x 3.54m), Living Room/Store: (4.82m x 3.58m), Bedroom One: (3.64m x 3.54m), Bedroom Two: (3.64m x 3.58m), Two Shower Rooms, both with shower cubicles, wash basins and WCs. Outside: Rear Courtyard and tenant erected wooden outbuildings. Net Internal Area – Commercial Area: 102.75 sq. metres Gross Internal Area – Residential Accommodation: 84.93 sq. metres Rateable Value (Commercial Area): 1st April 2023 to present : £15,750 Council Tax Band (Residential Area): A EPC – C Legal Documents: Available at www.cottons.co.uk Viewings: Via Cottons - 0121 247 2233
