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Superb Coffee Shop For Lease

Birmingham, West Midlands, UK
Asking Price:
On request Furniture / Fixtures and Inventory / Stock included
Turnover:
On request
Net Profit:
On request

This is a superb café/restaurant in Birmingham.
It consists of a big kitchen with many brand new equipment, two toilets, and a separate bar for coffee, juices and desserts.
There are three floors: a ground floor enough for about 30 seats, a first floor for about 40 seats and a front and side with a wood fence enough for about 30 more seats. Fully refurbished with very beautiful decoration.

Shops less than this in the area make over £1000 per day net profit. I just opened it then I had to leave it to care for my mum who is unfortunately now living in a kind of intensive care.

I chose my mum over money. I have to sell as I won't be able to run it.

The price is negotiable but please no silly offers.
Don't contact me if you can't show you are able to pay the full price immediately as I am leaving the country and am not interested in loans and instalments or to wait.

I spent huge money and effort on it to make it look as it does now.
It is for sure an opportunity as you can use it for any activity. It is fully ready, you don't have to spend any more money. Just bring your concept and start working straight away.

Property Information

Property:

Leasehold

Lease Terms:

renewable 25 years lease

Leasehold Rent:

£24,360 per annum

Living Accommodation:

There are two rooms available on the second floor, separate to the kitchen, bar, and customer areas.

Location:

Prime high street and corner café/Restaurant shop on Ladypool Road, Birmingham

Premises Details:

Three storeys building: ground floor with kitchen, bar, around 30 seats for customers. First floor with additional 40 seats and a second floor with two big rooms for different uses. There is a sitting area on front of the shop and on the side with small fence directly on the main and the side roads.

Planning Consent:

Is classified as E and it has restaurant planning which includes takeaway as well as café.

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

There is a huge potential of expansion, changing the concept... Much less luxurious and smaller food shops make easily £1000/day net profit.

Competition / Market:

As far as I know there are few cafes like Ace Cafe and Chaiology as well as juice shops like Life Juice. There is no authentic high Italian restaurants, except for local pizzas. There are Asian restaurants, Arab restaurant Badr as well as so many other different businesses.

Reasons for selling:

Familial reasons.

Years established:
is a 25 years renewable lease with 14 years left. You can get a new 25 years contract from the landlord

Other Information

Support & training:

I can offer support and training.

Home based:
This business can be run from home