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Licensed Restaurant For Sale

Sutton Coldfield, West Midlands, UK
Asking Price:
£175,000
Turnover:
£572,000
Net Profit:
Undisclosed

LICENSED RESTAURANT in Sutton Coldfield for Sale.

Ernest Wilson are delighted to present this outstanding opportunity to acquire a beautifully appointed, fully licensed restaurant occupying a prime trading position within the highly sought-after and affluent suburb of Mere Green, Sutton Coldfield.

Having been under our client's ownership since 2020, the business has benefited from substantial investment and an extensive programme of refurbishment throughout, creating a stylish and contemporary dining destination that truly must be viewed to be fully appreciated.

The restaurant operates within relatively straightforward trading hours, opening over four evening services and two full trading days per week, yet still achieves impressive weekly turnovers in the region of £10,000 to £12,000. The business is owner-operated, with our client managing front-of-house activities supported by a dedicated and experienced team, including two full-time chefs. This presents an excellent opportunity for an owner chef or hands-on operator to capitalise on the strong reputation and loyal customer base already established, whilst further developing the business's considerable potential.

The premises are held on a favourable lease with sensible rental terms and occupy a prominent roadside position at the heart of Mere Green. Renowned as one of Sutton Coldfield's premier retail and leisure destinations, Mere Green benefits from a highly affluent demographic, exceptional local amenities and excellent transport links. The area serves not only the residents of Mere Green itself but also the prestigious neighbouring communities of Four Oaks, Little Aston and Streetly, attracting significant footfall from an affluent catchment with strong disposable income. Furthermore, the nearby Sutton Park, one of Europe's largest urban parks, draws visitors from across the region and contributes to the area's vibrant commercial and leisure environment.

The accommodation comprises an attractive double-fronted restaurant featuring a welcoming bar and lounge area which leads through to an impressive 70-cover dining room, offering a combination of booth and table seating to cater for a variety of customer needs. To the rear is a substantial, fully equipped commercial kitchen with quality extraction system, separate pot-wash area, walk-in cold store, walk-in refrigeration and utility room. The ladies', gents' and disabled WC facilities have all been recently refurbished to an excellent standard. The first floor is currently utilised for storage purposes; however, it has historically provided additional restaurant and function space together with staff accommodation and offers excellent scope for reinstatement, subject to any necessary consents. Externally, the property benefits from a substantial covered and decked frontage, providing an attractive alfresco dining area that is particularly popular during the warmer months and further enhances the venue's appeal.

Property Information

Property:

Leasehold