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Leasehold European Restaurant In Birmingham City Center For Sale

Birmingham, West Midlands
Asking Price:
£149,000 Furniture / Fixtures and Inventory / Stock included
Turnover:
£250,000
Net Profit:
Available on request

This is a superb opportunity to purchase a fully fitted restaurant in a great location which is a great base to build upon and as such early viewing is highly recommended as this business is not to be missed.
We are on a busy road 5 min walk from Central station, next to Alexandra theater, opposite the Mailbox. No competition around. We believe that there is further potential to increase turnover by expanding upon the current opening times, doing takeaway deliveries and late night refreshment Drinks. We have totally refurbished, renovated and invested in new equipment along with fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus as any new purchaser as additional funds will not need to be spent for some time.
Lease: The premise are being offered with the benefit of a existing 7 year lease. Rent amounts to £39,000 per annum. The top position of the restaurant gives a lot of opportunities. Our license is un till 3am which gives an extra operation hours for refreshment drinks. We have 80 internal cover, smoking area!

Property information

Property:

Leasehold

Lease Terms:

6 years left

Leasehold Rent:

£39,000 per annum

Location:

This outstanding Restaurant enjoys a prominent and highly visible trading location in city center, Birmingham. Close to the Alexandra Theatre, and the Mailbox, just 5 min walking distance from Birmingham central station. Its on busy pedestrian road.

Premises Details:

Restaurant comprising: tables & chairs to cover (70), air- con/hot air blower, bar area with stainless steel sink, coffee machine , small under counter freezers 5, glasswasher machine , ice machine,2 EPOS till system and shelving for glass storage. storage room, office, 2 toilets , front smoking area with 2 tables and 5 chairs. Downstairs is the kitchen, washing area, 1 resting room,1 storage room with fitted shelves, 1 cold room with 7 fridges, 2 stainless steel sinks,1 dishwasher, 1 washing machine, 1 dry machine .

Business Operation

Competition / Market:

No competition local

Reasons for selling:

Moving abroad

Trading hours:

Sunday 12:00-20:00
Monday Closed
Tuesday 17:00-23:00
Wednesday 17:00-23:00
Thursday 17:00-23:00
Friday 12:00-00:00
Saturday 12:00-1:00

Employees:
7

Other Information

Inventory / Stock value:
£4,000 - included in the asking price

Contact Information

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