- Excellent location on the busy and renowned Moseley circuit
- Open plan trading area with seating for circa 90 customers
- Large attractively laid out rear beer patio and smoking shelter
- Potential to grow existing business from increased wet and dry sales.
- Asking Price:
- £50,000
- Turnover:
- Not applicable
- Net Profit:
- Not applicable
Property Information
- Property:
-
Leasehold
- Leasehold Type:
- New
- Lease Terms:
-
The property is available on a new 10 year FRI lease at a guide rent of £50,000 pa with a tie for draught and bottled beers, cider, wines, spirits and minerals. Generous pricing is available on wet products. Machine income is to be split 50:50 after deduction of costs. Proposals to partially release the tie may be considered. The Tenant will be required to pay a deposit bond equivalent to one quarter's rent and provide evidence of funds to cover the value of the inventory, stock and an appropriate sum of working capital.
- Leasehold Rent:
-
£50,000 per annum
- Location:
-
The property is located fronting the Alcester Road, A435 in the centre of Moseley village within 200 yards of the main traffic light junction of the Alcester Road, Salisbury Road and St Mary's Row. The premises form part of the busy retail and evening entertainment circuit for which Moseley is well known with a variety of coffee shops, restaurants and licensed retail units in the immediate vicinity.
- Premises Details:
-
This attractive Victorian building which dates back to circa 1900 is of part three storey, part two storey brick construction with pitched tiled roofs and features stone mullion windows. There are more recent single storey extensions to the rear and the site also includes a large beer patio area. The premises benefit from rights of way over a delivery accessway adjoining the Sorrento Lounge. The site area is approximately 0.151 acres and the footprint 4,831 square feet (Source Nimbus Maps).
Ground Floor
Open plan trading area, arranged in in various sections including games areas to the front, various seating areas with fixed seating booths and a timber topped bar servery. In addition, there is a small raised stage to the rear. Total seating for circa 90 customers. A rear hallway leads to the customer lavatories. The catering kitchen and wash up are located to the rear of the bar servery. To the very rear of the ground floor is the beer cellar. The boiler room and hot water tank are accessed externally.First Floor
Staff changing facilities, office, freezer / fridge store, staff lavatories, cleaner store and bathroom with shower.Second Floor
Three disused rooms.Outside
Large beer patio and smoking shelter.
- Size in square feet:
- 4,831
- Energy Performance Rating:
- D View EPC Graph for this property
Business Operation
- Employees:
- All staff will transfer under the TUPE regulations at completion. A Staff schedule will be made available.
