Licensed Leasehold 120-cover Restaurant located in Sutton Coldfield. Established business. Turnover: £500,000 net of vat.
Licensed 120-cover Restaurant located in Sutton Coldfield. Established business. Turnover: £500,000 net of vat. Circa 4.500 sq ft and comes fully fitted & newly refurbished. Lease 15 years with 5 years remaining (Renewable). Rent £54,280 pa plus vat. Service charge: £3,496 pa. Rates: £4,802 pa. Gas £480 plus vat per month.
Landlords requirements
Minimum 6-month rent deposit, subject to references. Trade & accountant references are required.
Would suit change of cuisine but not Asian/Indian due to restrictive covenant in the lease. Further details on the application.
