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Licensed 70 Cover Restaurant and Bar for Sale

Birmingham, West Midlands, UK
Asking Price:
£35,000
Turnover:
£62,400
Net Profit:
Undisclosed

LICENSED 70 COVER RESTAURANT AND BAR in Birmingham for Sale.

Located on a busy road in Birmingham and benefitting from a colossal amount of passing traffic, this 70 cover restaurant has a rare licence allowing it to trade just as a bar, should new owners prefer to operate more wet sales than a food offering. Alcohol can be served without a meal. Currently offering Asian cuisine, however the contemporary decor would be well suited to any style of theme or cuisine.

Weekly turnover £1,200. The business also benefits from very low overheads, with reasonable rent and currently not responsible for business rates or water rates. A new lease for a term to be negotiated with the landlord and there are no staff to be inherited with the sale of the going concern.

Single fronted occupying ground and first floors. Main restaurant with bar and commercially equipped kitchen on the ground floor. First floor function room with bar. Ladies and gents toilets. External fire escape from first floor. Rear yard with useful outbuildings providing lots of storage. EPC Band C

Property Information

Property:

Leasehold