Karachi Restaurant, 127-129 Ladypool Road, Birmingham, B12 8LH

Restaurant complete with equipment in Birmingham

Guide price*

£575,000+

Plus fees

Withdrawn Prior

Pound sign

Finance available on this property

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Lot 91 Commercial Vacant
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Auction details:

Wednesday 3rd July 2019 @ 10:30AM

Holte Suite, Aston Villa FC, Trinity Rd, Birmingham B6 6HE

An Indian Restaurant and Function Room in a busy much sought after location complete with equipment

Property Description

A modern Indian Restaurant complete with equipment and in excess of 100 covers. Set flush to the pavement in a busy location having car parking to the rear.

Accommodation

Ground Floor: Restaurant with Front and Rear Entrances up to 44 Covers, Rear Hall, Male and Female WC's, Two Chiller Display Cabinets, Marble Topped Counter, Rotisserie Cooker, Three Microwaves, Two Kebab Machine, Two Fryers, Two Tandoor Ovens, Five LCD Sceen's with Menu's and Advertising, Hot Plate, Store and Wash Area, Utility Room.
First Floor: Restaurant/Function Room with up to 60 Covers, Male and Female WC's, Store Room, Kitchen, Walk-in Fridge Freezer, Three Burner Hob, Double Sink and Preparation Tables.
Second Floor: Staff Room/Office, Store Room, Shower Room and WC.
Outside: Rear Car Park for 15-20 Vehicles.

The property has air conditioning units on both the ground and first floors.

Energy Performance Rating

C

Tenure

Freehold – Vacant possession upon completion.

Viewings

Strictly by appointment with the Auctioneers.
DISCLAIMER

Bond Wolfe or their Agents for the seller of these Lots give notification that any particulars contained within the catalogue/website are prepared to the best of their knowledge and all potential buyers should make their own enquiries and investigations to the accuracy of the information contained in these particulars. Any amendments to the particulars that Bond Wolfe are aware of will be published on the addendum, which is available within the lot information.

REMOTE BIDDING AUCTION

Please note that the Auction will be livestreamed via our website with Remote Bidding by Proxy, Telephone or Internet Only.  You must pre-register to bid for each auction no later than 24 hours prior to the auction.  Please click here for further details.

*DEFINITION OF GUIDE & RESERVE PRICE

All properties are sold subject to a reserve price, which is the minimum price the seller is willing to accept and is confidential between the seller and Auctioneer. The guide price is only an indication as to where the reserve is currently set and not necessarily the Auctioneers expectation of what it will sell for. If the guide price is a bracket figure, then the reserve price cannot be higher than the top end of the guide price, if the guide price is a fixed figure, then the reserve cannot be more than 10% above the guide price. The guide price and reserve price can be subject to change at any time up to and including the auction day and, properties can often sell for substantially more than the quoted guide price.

COSTS AT AUCTION

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The sale of each lot is subject to an administration fee of £1,680 inc VAT (£1,400.00 + VAT) (unless otherwise stated in the important information), payable on the fall of the gavel/at the end of the online auction.  Please note that the administration fee for
the Local Authority lots may differ and all interested parties should enquire directly with the Auctioneers as to the fee applicable.

Any additional costs excluding the administration fee will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the ‘lot information’.  Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.

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