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Leasehold Cafe Bar Italian Restaurant Located In Birmingham For Sale

Birmingham, West Midlands, UK
Asking Price:
£59,950 Furniture / Fixtures included
Turnover:
£150,000
Net Profit:
Available on request

Leasehold Café Bar & Italian Restaurant located in Sheldon, Birmingham. Licensed with A3 consent. New lease to be granted.

Veritas Business sales offer to the market this Café Bar & Italian Restaurant which is located in Sheldon, Birmingham. The property was purchased by our client back in 2015 and transformed into what you see today in 2019. The restaurant is now being offered for sale due to other business interests requiring his full attention.
Since ownership they have totally refurbished, redecorated and continually invested in new equipment along with fixtures and fittings which are all bought and paid for and included within the sale price which is a huge plus for a new owner as additional funds will not need to be spent for some time. Tradita is owner operated with the help of 1 full time & 3 part time members of staff and has an annual turnover of circa £150,000. The menu offers a breakfast menu, lunch menu and an evening a la carte menu to include authentic Italian & Mediterranean cuisine along with salads and pizzas. Drinks include specialist coffee, teas, soft drinks, draught beers, bottled beers, wines and spirits. All can be enjoyed within the cosy (24) cover internal restaurant or taken away. The restaurant has built a strong reputation for the quality of its food.
We believe that there is further potential to increase revenue should you wish. Currently they are not opening for breakfast and lunch during weekdays and they not using the online portals for deliveries. Reactivating both of these would significantly boost revenue. The business already enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase a newly fitted restaurant with further potential which is a great base to build upon and as such early viewing is highly recommended.

Property Information

Property:

Leasehold

Lease Terms:

New lease available
Term: negotiable
Rent: £18,000 pa
Business Rates: zero

Location:

Veritas Business Sales are delighted to offer to the market this respected Café Bar & Italian Restaurant which is located in Sheldon, Birmingham. Situated within a prominent and highly visible trading position on the very busy Church Road. It’s adjacent to the CO-OP convenience store and also benefits from a variety of other complimentary retailers, all of which bring high levels of footfall to the area.

Premises Details:

Ground Floor
Restaurant comprising: vestibule entrance porch, tables & chairs to cover (24), bar area and sales counter sales counter, 2 draught beer taps, espresso coffee machine (Expobar), coffee grinder (Iberital), worktop, stainless steel wash basin, glass washer (Diverso), 3 door undercounter drinks fridge, EPOS till system and small wine fridge (Polar).
Kitchen with stainless steel worktop with 2 door undercounter fridge (Alison), 6 burner range (Cobra), griddle/chargrill (Blue Seal), extraction canopy, 2 deck pizza oven (Empero), stainless steel table, stainless steel table with can opener, saladette with 3 door undercounter fridges, marble worktop with 3 door undercounter fridges, deep fat fryer, 5 x wall mounted metal shelves, stainless steel double sink with directional hose, dishwasher (Class EQ), small stainless steel table, 2 x small chest freezers and rear exit door.
Customer W/C with wash basin, wall mounted mirror, wall mounted soap dispenser and wall mounted hand dryer.


External
Rear yard with parking for (2). Storeroom with ice machine (Ice-o-matic), 2 x 3 tier storage racks, chest freezer, stainless steel 2 door fridge, dough mixer, flour storage container and cooling system for the draught beer pumps.

Energy Performance Rating:
C

Business Operation

Trading hours:

Monday – Friday – 5:00pm – 10:00pm
Saturday & Sunday – 9:00am – 10:00pm

Other Information

Inventory / Stock value:
£3,000