Long Term Lease ** 24 Bedroom Hotel ** All Ensuite Design Layout

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Details ID: 4211
Date Available
27 Dec 2019
Bedrooms
5+
Ad Type
Agency
Description Bookmark

A new development - just over 10,000 sq ft of retail accommodation - located perfectly - ideal shopping parade - lady pool road. 

Midland Housing Ltd is proud to present this new development consisting of over 10,000 SQ FT of retail accommodation located on Ladypool Road. The plot has the potential to be a 24 bedroom hotel, house in multiple occupations or of a specialist trade such as care home. The development is situated in the heart of the Balti Triangle in a mixed commercial and residential area. The premises does require an investor willing to complete the work and is available on a long term basis, other options are negotiable. The commercial plot comprises of ground floor entrance, lift and stairs, as well as parking to the rear. The first floor has an office, breakfast area, kitchen and seven en suite bedrooms. The second floor has eight en suite bedrooms and a large hall. The third floor comprises of nine bedrooms, 8 en suites and a boiler room. There are a few famous restaurants and many stores nearby too. 

Commercial Information
24 Bedroom Hotel
Sizes approx 10000 sq ft
Located on a busy parade
Prime Spot on Ladypool Road
Many Famous Restaurants Nearby

Key Features
Ground Floor Entrance
Three Floors Spacious
Long Term Lease
Rear Access - Off-Street Parking
Great Potential

Location
The property is situated on the Ladypool Road, Balsall Heath in a mixed business and residential location approached from the main Stratford Road (A34), Alcester Road South/Moseley Road (A435), which is easily accessible from M6, M5 and M42 on the motorway. It is located south to the Birmingham City Centre in an established location upon the all famous Balti Triangle. It is placed ideally for all communications in the local area. There are a lot of local businesses and residential homes within walking distance proving to be an excellent location for passing by trade as well as a great potential to be the local convenience store. It is located on the main Ladypool Road and is a Mid-Terraced building leading onto a local park.

Rents and Rates
Rental Price is 9000 PCM


Planning
The property is considered suitable for use as a Hotel. All interested parties are to make their own specific enquiries directly with the Local Planning Authority as to their intended use. There is a great deal of potential in the property and can be used for many trades.

Tenure
The accommodation is available by way of a new lease on flexible terms The Landlord may consider the following: 1) A periodic tenancy subject to six months notice by either party, or 2) A Tenancy for a term of three years less one day, or 3) A five-year lease. Previous use This shop was previously used as Off License.


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